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Barnett, Alina; Ellison, Martin - Suomen Pankki - 2012

from the existing literature, which typically focuses on the learning of private agents during a disinflation. We build a …

Persistent link: https://www.econbiz.de/10010541306

Estimating the sacrifice ratio for the euro area.

Coffinet, G.; Matheron, J.; Poilly, C. - In: Quarterly selection of articles - Bulletin de la Banque … (2007) 08, pp. 5-34

The sacrifice ratio for the euro area is estimated by means of a structural macroeconomic model. This model is used to gauge the impact of wage stickiness on the sacrifice ratio.

Persistent link: https://www.econbiz.de/10009283340

Monetary policy and the disinflation on the way to the euro in Slovenia

Kozamernik, Damjan; Zumer, Tina - In: International Journal of Monetary Economics and Finance 4 (2011) 1, pp. 21-48

stability. The increase in interest rates after 2000 strongly contributed to resuming of the disinflation trend. While the … contributed to disinflation. …

Persistent link: https://www.econbiz.de/10009352496

Restructuring the state budget system for disinflation and exchange rate unification in Myanmar

Kubo, Koji - Institute of Developing Economies, Japan External Trade … - 2012

The installment of a new government has augmented the prospect for implementing disinflation and exchange rate …

Persistent link: https://www.econbiz.de/10009493061

Learning by Disinflating

Ellison, Martin; Ellison, Martin; Barnett, Alina - Department of Economics, Oxford University - 2011

the existing literature, which typically focuses on the learning of private agents during a disinflation. We build a …

Persistent link: https://www.econbiz.de/10009364587

Unemployment in Latin America and the Caribbean

International Monetary Fund (IMF); International … - 2011

JEL Cl This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population and that the effects of government...

Persistent link: https://www.econbiz.de/10009369453

What Drives Inflation in the Major OECD Economies?

Moccero, Diego; Watanabe, Shingo; Cournède, Boris - Economics Department, Organisation de Coopération et … - 2011

This paper presents an empirical analysis of the determinants of inflation in the United States, Japan, the euro area and the United Kingdom, focusing on the role of resource utilisation, inflation expectations, inflation persistence and imported inflation. It also includes a cross-sectional...

Persistent link: https://www.econbiz.de/10009249779

Essays on Empirical Macroeconomics

Mehrotra, Aaron - Suomen Pankki - 2006

This thesis consists of four essays in empirical macroeconomics. The first three essays examine the conduct of monetary policy during a disinflationary and deflationary era, with the policy interest rates close to or at the zero bound. The questions of interest include the potency of the...

Persistent link: https://www.econbiz.de/10008692075

Determinants of the Sacrifice Ratio: Evidence from OECD and non-OECD countries

Mazumder, Sandeep - Department of Economics, Wake Forest University - 2012

of disinflation, openness, central bank independence, inflation targeting, and political factors for both OECD and non …-OECD countries. We find that the speed of disinflation is the most important determinant of OECD sacrifice ratios, but puzzlingly has … no effect on non-OECD nations’ disinflation costs. Instead we find evidence that greater central bank independence and …

Persistent link: https://www.econbiz.de/10010840645

World Economy Close to Leaving Recession

Albu, Cornel - In: Revista de Economie Mondiala / The Journal of Global … 1 (2009) 4

In 2009, the world economy crossed the strongest postwar economic crisis, affecting all the economic and social areas. The process of recovery after the global recession started at the end of 2009, but the level of investment and production will be slow in 2010. In 2009, the international trade...

Persistent link: https://www.econbiz.de/10010752193