Showing 51 - 60 of 85,860
Persistent link: https://www.econbiz.de/10008665545
Persistent link: https://www.econbiz.de/10003997762
Persistent link: https://www.econbiz.de/10008701664
Persistent link: https://www.econbiz.de/10003506413
Persistent link: https://www.econbiz.de/10011446960
Persistent link: https://www.econbiz.de/10001536020
Persistent link: https://www.econbiz.de/10001446613
Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in...
Persistent link: https://www.econbiz.de/10013155197
We propose a novel explanation for the well-known persistent inflation response to monetary policy shocks by … introducing variable elasticity demand curves in a staggered price model with trend inflation. The demand curves induce strategic … complementarity in price setting and thus generate inflation persistence under positive trend inflation through the effect on …
Persistent link: https://www.econbiz.de/10012922689
Persistent link: https://www.econbiz.de/10011718362