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Empirical Analysis of Monetary Transmission in Tunisia: What do SVAR Models Tell Us?.
Hachicha, Ahmed; Bates, Samuel - Université Paris-Dauphine - 2009
transmitted to the real variables: the GDP and the inflation. Few studies on monetary transmission mechanisms deal with the … scale from convenient impulse response functions. As a result, the Tunisian central bank should mainly target inflation …
Persistent link: https://www.econbiz.de/10008520031
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Empirical analysis of monetary transmission in Tunisia: What do SVAR models tell us?
Bates, Samuel; Hachicha, Ahmed - In: The Open Economics Journal 2 (2009), pp. 1-9
transmitted to the real variables: the GDP and the inflation. Few studies on monetary transmission mechanisms deal with the … scale from convenient impulse response functions. As a result, the Tunisian central bank should mainly target inflation …
Persistent link: https://www.econbiz.de/10010290074
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A framework for understanding inflation - with or without money
Bengtsson, Ingemar - 2005
This paper presents a model that pictures how inflation is determined in a decentralized market process where prices … setters of sequential contracts. An important property of the model is that inflation thus can be explained without any … reference to the quantity of money.Following up the finding that inflation is determined in a coordination game, it is …
Persistent link: https://www.econbiz.de/10013208483
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Inflation: Thruway of ECB's monetary policy
Seidl, Christian - 2023
Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …
Persistent link: https://www.econbiz.de/10014000500
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Fiscal and monetary policy for difficult times: MMT solutions
Leclaire, Joëlle - In: European Journal of Economics and Economic Policies: … 20 (2023) 2, pp. 356-368
This article considers the current economic situation from the lens of modern money theory (MMT) and expresses a policy response rooted in post-Keynesian theory and empirical data for the US and the euro area. First, MMT supports targeted deficit spending to promote production. Increasing...
Persistent link: https://www.econbiz.de/10014481020
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Coin Seigniorage and Inflation
Fullwiler, Scott - 2011
Persistent link: https://www.econbiz.de/10013121639
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The Equity Premium Puzzle Solution : Incentives to Under-Report Inflation
Korsos, Laszlo - 2020
solutions, all have failed as these attempts implicitly assume perfectly-correct inflation statistics. Examining these … assumptions, we discover that not only are the inflation numbers materially flawed, but more so, there are significant incentives … for government entities to under-report inflation. With this, we find that to explain the Equity Premium Puzzle, inflation …
Persistent link: https://www.econbiz.de/10012838903
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A framework for understanding inflation - with or without money
Bengtsson, Ingemar - Nationalekonomiska Institutionen, Ekonomihögskolan - 2005
This paper presents a model that pictures how inflation is determined in a decentralized market process where prices … setters of sequential contracts. An important property of the model is that inflation thus can be explained without any … reference to the quantity of money.Following up the finding that inflation is determined in a coordination game, it is …
Persistent link: https://www.econbiz.de/10005207010
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Fiscal and monetary policy for difficult times : MMT solutions
Leclaire, Joëlle - In: European journal of economics and economic policies : … 20 (2023) 2, pp. 356-368
This article considers the current economic situation from the lens of modern money theory (MMT) and expresses a policy response rooted in post-Keynesian theory and empirical data for the US and the euro area. First, MMT supports targeted deficit spending to promote production. Increasing...
Persistent link: https://www.econbiz.de/10014433735
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Inflation: thruway of ECB's monetary policy
Seidl, Christian - 2023
Part of the present inflation is caused by the breakdown of globalization, in particular supply chains, part is caused … the past and in the presence. This paper attributes inflation decisively to the overwhelming money creation by the …
Persistent link: https://www.econbiz.de/10013553631