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with the restriction that interest rates can not fall below zero. Then optimal monetary policy in a low inflation … although most central banks nowadays use an inflation target instead. Reasons for an inflation target will be shown in the … discussion of the model. The second part of the book describes the inflation dynamics in the euro area to see what monetary …
Persistent link: https://www.econbiz.de/10012689033
. In his original and authoritative study, Bernd Widdig investigates the effects of that inflation on German culture during …
Persistent link: https://www.econbiz.de/10012672886
Cover -- Contents -- Preface -- The German Inflation of 1619-23 -- Note on Broadsheets -- Note on the Translations …-Ladder -- PLATE VIII. A New Colloquy on Money's Present Unbelievable Inflation and the Wretched State of Coinage -- PLATE IX. How the …
Persistent link: https://www.econbiz.de/10012681749
/ABBREVIATIONS -- EINFÜHRUNG/INTRODUCTION -- Inflation und Wiederaufbau in Deutschland und Europa 1914-1924 -- ERSTER TEIL/PART ONE -- Zur … ökonomischen und statistischen Analyse/Toward an Economic and Statistical Analysis -- Towards a Theory of the German Inflation …: Some Preliminary Observations -- Maschinenbauunternehmen in der Inflation 1919-1923: Unternehmenshistorische Überlegungen …
Persistent link: https://www.econbiz.de/10012679756
Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor … explains approximately 58% of the variation in headline inflation across all countries and over 72% in OECD economies. The … explanatory power of global inflation is equally high in a shorter sample spanning the time since 2000. Core inflation is also …
Persistent link: https://www.econbiz.de/10015047278
(CPI) to assess to what extent inflation shocks can be associated to the observed commodity price spikes. Results show that …
Persistent link: https://www.econbiz.de/10015047658
the principal topics of macroeconomics - namely, growth, inflation, and unemployment. The author re-examines their salient …
Persistent link: https://www.econbiz.de/10012675489
Three years after the birth of the European Monetary Union (EMU) economists are still divided in assessing the ability of its key institutions to provide macroeconomic stability and foster necessary reforms. Blending empirical and theoretical data, experts offer a comprehensive survey of recent...
Persistent link: https://www.econbiz.de/10012675490
Inflation became the dominant economic, social, and political problem of the industrialized West during the 1970s. This … book is about how the inflation came to pass and what can be done about it. Certain to provoke controversy, it is a major … source of new empirical information and theoretical conclusions concerning the causes of international inflation. The authors …
Persistent link: https://www.econbiz.de/10012675807
Prior research has documented that attention to inflation shifts when inflation surpasses a 3-4% threshold. In this … note we examine how attention to inflation declines in episodes of disinflation. We show that for countries where inflation … inflation. We show evidence that wage growth is more strongly correlated with past inflation when attention is high. This is one …
Persistent link: https://www.econbiz.de/10014581793