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Endogenous money, fiscal policy, interest rates and the exchange rate regime: correction

Smithin, John N. - In: Review of political economy 28 (2016) 4, pp. 609-611

Persistent link: https://www.econbiz.de/10011709614

Monetary policy rules in a non-rational world : a macroeconomic experiment

Mauersberger, Felix - In: Journal of economic theory 197 (2021), pp. 1-37

Persistent link: https://www.econbiz.de/10012815447

The General Theory as "depression economics"? : financial instability and crises in Keynes's monetary thought

Bibow, Jörg - 2020

This paper revisits Keynes's writings from Indian Currency and Finance (1913) to The General Theory (1936) with a focus on financial instability. The analysis reveals Keynes's astute concerns about the stability/fragility of the banking system, especially under deflationary conditions. Keynes's...

Persistent link: https://www.econbiz.de/10012291986

The impact of the Federal Reserve’s discount window policy on market returns during recent U.S. recessions

Chen, Lili - In: The empirical economics letters : a monthly … 16 (2017) 12, pp. 1337-1341

Persistent link: https://www.econbiz.de/10011907734

Address to the New College class of 2010

Dudley, William - Federal Reserve Bank of New York - 2010

Remarks at the New College of Florida 44th Annual Commencement, Sarasota, Florida.

Persistent link: https://www.econbiz.de/10010725004

Monetary policy and income distribution

Galbraith, James K. - In: Central banking, monetary policy and income distribution, (pp. 128-138). 2023

Persistent link: https://www.econbiz.de/10014330394

Address to the New College class of 2010

Dudley, William - In: Speech (2010) May 21

Remarks at the New College of Florida 44th Annual Commencement, Sarasota, Florida.

Persistent link: https://www.econbiz.de/10008498249

How effective is the monetary policy?

Shokoofeh, Fazel - In: Humanomics: The International Journal of Systems and Ethics 22 (2006) July, pp. 139-144

/implications – The conclusion of this paper should be incorporated in all macroeconomics textbooks. Lack of such analyses may leave a … paper is to readers of macroeconomics textbooks. This paper has an original value in that it communicates to readers that … most macroeconomic textbooks fail to provide detailed and clear explanations as to why very frequently monetary policy does …

Persistent link: https://www.econbiz.de/10005011453

The Rate of Interest, Economic Growth, and Inflation: An Alternative Theoretical Perspective

Smithin, John - Vienna University of Economics and Business Research … - 2002

The premise of this paper is that in a monetary production economy, policy decisions of the central bank, or more generally the ‘monetary authority’, set the tone not only for nominal interest rates but also for ‘real’ interest rates defined in the usual way. This is a different question...

Persistent link: https://www.econbiz.de/10005539173

Deflationary shocks and monetary rules: an open-economy scenario analysis

Laxton, Douglas; N'Diaye, Papa; Pesenti, Paolo - Federal Reserve Bank of New York - 2006

The paper considers the macroeconomic transmission of demand and supply shocks in an open economy under alternative assumptions about whether the zero interest rate floor (ZIF) is binding. It uses a two-country general-equilibrium simulation model calibrated to the Japanese economy relative to...

Persistent link: https://www.econbiz.de/10005420657