Similar Search Results

Deflation, Kreditklemme, Bankenkrise - Erwacht Deutschlands Finanzindustrie 2004 aus ihrem (medialen) Albtraum?

Paul, Stephan; Stein, Stefan; Thieme, H. Jörg - In: Ifo Schnelldienst 57 (2004) 01, pp. 14-23

»Deflation«, »Kreditklemme« und »Bankenkrise« waren die Schlagworte in derFinanzpresse des Jahres 2003. Insbesondere hier zu Lande wurde über Monate in den Medien davon gesprochen, dass sich Deutschland in der japanischen Malaise befände. In ihrem Beitrag gehen Prof. Dr. Stephan Paul,...

Persistent link: https://www.econbiz.de/10005013279

Exchange Rates and Markov Switching Dynamics

Research, Hong Kong Institute for Monetary and Financial - 2022

This working paper was written by Yin-wong Cheung (University of California, Santa Cruz) and Ulf G. Erlandsson (Lund University).This article presents a systematic and extensive empirical study on the presence of Markov switching dynamics in three dollar-based exchange rates. A Monte Carlo...

Persistent link: https://www.econbiz.de/10014048653

Strong money demand in financing war and peace : the cases of wartime and contemporary Japan

Saitō, Makoto - 2021

This book theoretically and empirically investigates the emergence of strong money demand in wartime Japan (1937 …-1945), its disappearance after the end of the war (1945-1949), and the reemergence of strong money demand in contemporary Japan … contemporary Japan, can now be interpreted in line with the above augmented theory. In the present, strong money demand at near …

Persistent link: https://www.econbiz.de/10012585699

Formation conjointe des prix et des salaires dans cinq grands pays industriels : peut-on compendre les écarts entre les taux d' inflation?

Artus, Patrick - In: Annales de l'INSEE 49 (1981), pp. 5-52

Persistent link: https://www.econbiz.de/10001866112

Geldpolitik: zurück zur Potentialorientierung

Krämer, Jörg W.; Scheide, Joachim - 1994

zweistelligen Raten. Die deutsche Vereinigung hat den Zusammenhang zwischen Geldmenge und Preisniveau nicht beeinträchtigt. Im … Preisniveau fortbesteht, gibt es kaum einen Grund, Geldmengenziele aufzugeben. Um die Glaubwürdigkeit der Geldpolitik zu sichern …

Persistent link: https://www.econbiz.de/10010295100

Core inflation rates: a comparison of methods based on west German data

Landau, Bettina - 2000

This study compares different methods of calculating the core inflation rate, the latter being taken as the general price trend, i.e. the persistent component of measured inflation. This price trend is therefore assumed to be free of transitory price movements. This paper focuses on an empirical...

Persistent link: https://www.econbiz.de/10010295692

Long-Run Links Among Money, Prices, and Output: World-Wide Evidence

Reimers, Hans-Eggert; Herwartz, Helmut - 2001

Preisniveau und dem realen Output testet. Weiterhin werden die Parameterrestriktionen, die sich durch die monet¨are Theorie …

Persistent link: https://www.econbiz.de/10010295711

Analysing Divisia Aggregates for the Euro Area

Reimers, Hans-Eggert - 2002

In this paper, different Divisia monetary aggregates for the euro area are constructed over the period from 1980 to 2000. Theoretically, one main difference of these aggregates is their reaction to exchange-rate variations. Empirically, the aggregates are compared with respect to three issues....

Persistent link: https://www.econbiz.de/10010295730

Monetary indicators and policy rules in the P-star model

Tödter, Karl-Heinz - 2002

There is a broad consensus among economists that, in the long run, inflation is a monetary phenomenon. However, monetary policy is often analysed using models that have no causal role for monetary aggregates in the propagation of inflationary processes. Moreover, impulses from monetary policy...

Persistent link: https://www.econbiz.de/10010295735

Sticky prices in the euro area: a summary of new micro evidence

Álvarez, Luis J.; Dhyne, Emmanuel; Hoeberichts, Marco; … - 2006

This paper presents original evidence on price setting in the euro area at the individual level. We use micro data on consumer (CPI) and producer (PPI) prices, as well as survey information. Our main findings are: (i) prices in the euro area are sticky and more so than in the US; (ii) there is...

Persistent link: https://www.econbiz.de/10010295790