Showing 81 - 90 of 431
Persistent link: https://www.econbiz.de/10012434661
Persistent link: https://www.econbiz.de/10011975404
Persistent link: https://www.econbiz.de/10011803772
Persistent link: https://www.econbiz.de/10014566451
Persistent link: https://www.econbiz.de/10011367519
Persistent link: https://www.econbiz.de/10011799573
Persistent link: https://www.econbiz.de/10013346983
Persistent link: https://www.econbiz.de/10013346985
Lucas (1972) is the pathbreaking analysis of the neutrality and temporary non-neutrality of money. But our central banks set interest rate targets, and do not even pretend to control money supplies. How is inflation determined under an interest rate target?
Persistent link: https://www.econbiz.de/10013388824
The fiscal theory states that inflation adjusts so that the real value of government debt equals the present value of real primary surpluses. Monetary policy remains important. The central bank can set an interest rate target, which determines the path of expected inflation, while news about the...
Persistent link: https://www.econbiz.de/10013361983