Showing 1 - 10 of 738,979
Persistent link: https://www.econbiz.de/10003908173
control theory is employed to illustrate the stabilization problem in an economy in which excess reserves are financed by …
Persistent link: https://www.econbiz.de/10013139882
Persistent link: https://www.econbiz.de/10003775528
Currently, many monetary and fiscal policy measures are aimed at preventing the financial market meltdown that started in the US subprime sector and has spread worldwide as a great recession. Although some slow recovery appears to be on the horizon, it is worthwhile exploring the fragility and...
Persistent link: https://www.econbiz.de/10003905077
prevailed until some months ago, can also manifest themselves in asset price inflation, notably in the housing market. When … and weakness rather than consumer price inflation. As a second step, we point out that risks for EMU are not only …
Persistent link: https://www.econbiz.de/10003429626
In the last months, the world's economies were confronted with the largest economic recession since the Great Depression. The occurrence of a worldwide financial market meltdown as a consequence originally stemming from of the crisis in the US subprime housing sector was only prevented by...
Persistent link: https://www.econbiz.de/10003985522
wage stagnation. In place of wage growth spurring demand growth, it relied on borrowing and asset price inflation. That …
Persistent link: https://www.econbiz.de/10009304909
Persistent link: https://www.econbiz.de/10009487518
Persistent link: https://www.econbiz.de/10011528261
Persistent link: https://www.econbiz.de/10011502296