Narrow search
Showing 1 - 10 of 6,416
Cover Image
To be or not to be in monetary union : a synthesis
Clerc, Laurent; Ntellas, Charēs; Loisel, Olivier - In: Journal of international economics 83 (2011) 2, pp. 154-167
Persistent link: https://www.econbiz.de/10009248236
Cover Image
The Science of Monetary Policy: A New Keynesian Perspective
Clarida, R.; Gali, J.; Gertler, M. - C.V. Starr Center for Applied Economics, Department of … - 1999
Persistent link: https://www.econbiz.de/10005248348
Cover Image
Political economy of economic policy : the monetary reconstruction program (Serbia 1994) as a case study
Madžar, Ljubomir - In: Panoeconomicus 69 (2022) 2, pp. 151-172
Persistent link: https://www.econbiz.de/10013352702
Cover Image
The science of monetary policy: A new Keynesian perspective
Clarida, Richard; Galí, Jordi; Gertler, Mark - Department of Economics and Business, Universitat … - 1997
This paper reviews the recent literature on monetary policy rules. We exposit the monetary policy design problem within a simple baseline theoretical framework. We then consider the implications of adding various real world complications. Among other things, we show that the optimal policy...
Persistent link: https://www.econbiz.de/10005772011
Cover Image
To be or not to be in monetary union: A synthesis
Clerc, L.; Dellas, H.; Loisel, O. - Banque de France - 2010
union. In this paper, we combine the stabilization and credibility branches of the currency union literature and construct a …Monetary union can benefit countries suffering from policy credibility problems if it eliminates the inflation bias and … also allows for more efficient management of certain shocks. But it also carries costs as some stabilization may be …
Persistent link: https://www.econbiz.de/10008764497
Cover Image
How is the Debt Managed? Learning from Fiscal Stabilizations
Benigno, Pierpaolo; Giavazzi, Francesco; Missale, Alessandro - C.E.P.R. Discussion Papers - 2001
the stabilization program, to become stronger. In contrast, conventional measures of the relative cost of issuing long …
Persistent link: https://www.econbiz.de/10005114507
Cover Image
The interaction of fiscal and monetary policy in a monetary union : Balancing credibility and flexibility
Bovenberg, A.L.Bovenberg; Beetsma, R.M.W.J. - Tilburg University, Center for Economic Research - 1995
This paper explores how decentralized, national fiscal policies interact with a common monetary policy in a monetary union. We show that fiscal policy plays a more important ro le in stabilizing country-specific shocks than with national monetary policies. Whereas monetary u nification with an...
Persistent link: https://www.econbiz.de/10011090899
Cover Image
The Science of Monetary Policy: A New Keynesian Perspective
Clarida, Richard; Galí, Jordi; Gertler, Mark - C.E.P.R. Discussion Papers - 1999
This paper reviews the recent literature on monetary policy rules. We exposit the monetary policy design problem within a simple baseline theoretical framework. We then consider the implications of adding various real world complications. Among other things, we show that the optimal policy...
Persistent link: https://www.econbiz.de/10005666476
Cover Image
Exchange Rates and the EMS: Assessing the Track Record
Artis, Michael J; Taylor, Mark P - C.E.P.R. Discussion Papers - 1988
close substitutes? What have been the implications of the EMS for the longer-run stabilization of real exchange rates …
Persistent link: https://www.econbiz.de/10005661462
Cover Image
Collective Bargaining Systems and Macroeconomic and Microeconomic Flexibility: The Quest for Appropriate Institutional Forms in Advanced Economies
Addison, John T. - 2015
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011420762