Similar Search Results

The predictive power of the yield spread : further evidence and a structural interpretation

Favero, Carlo A. (contributor); Kaminska, Iryna (contributor) - 2005 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002563126

The Predictive Power of the Yield Spread : Further Evidence and a Structural Interpretation

Favero, Carlo A.; Kaminska, Iryna; Söderström, Ulf - 2005

This paper brings together two strands of the empirical macro literature: the reduced-form evidence that the yield spread helps in forecasting output and the structural evidence on the difficulties of estimating the effect of monetary policy on output in an intertemporal Euler equation. We show...

Persistent link: https://www.econbiz.de/10014067148

Term spread and real economic activity in Korea : was the crisis predictable?

Payá, Ivan; Matthews, Kent - In: Applied economics letters 11 (2004) 13, pp. 797-801

Persistent link: https://www.econbiz.de/10002354179

Why does the yield curve predict GDP growth? : the role of banks

Minoiu, Camelia; Schneider, Andrés; Wei, Min - 2023 - This draft: July 10, 2023

Persistent link: https://www.econbiz.de/10014384968

Euler equations and money market interest rates : a challenge for monetary policy models

Canzoneri, Matthew B.; Cumby, Robert; Diba, Behzad - In: Journal of monetary economics 54 (2007) 7, pp. 1863-1881

Persistent link: https://www.econbiz.de/10003557061

Monetary policy with an optimal interest structure

Olah, Norbert; Huth, Thomas; Löhr, Dirk - 2010

From the normatively given aims of the macroeconomic equilibrium, which describe the target state of an economy system, necessary conditions are derived at an optimal growth path with maximum consumption and maximum profits on the interest structure of a market economy, by using the golden rule...

Persistent link: https://www.econbiz.de/10008695389

Geldpolitik mit optimaler Zinsstruktur

Olah, Norbert; Huth, Thomas; Löhr, Dirk - In: Zeitschrift für Sozialökonomie : ZfSÖ 47 (2010) 164/165, pp. 13-22

Persistent link: https://www.econbiz.de/10003959471

Geldpolitik mit optimaler Zinsstruktur

Olah, Norbert; Huth, Thomas; Löhr, Dirk - 2010

Konsum und maximalen Gewinnen abgeleitet. Aus den Bedingungen für eine optimale Zinsstruktur wird eine neue Geldpolitik … Keynes notwendige Bedingungen an die Zinsstruktur einer Marktwirtschaft auf einem optimalen Wachstumspfad mit maximalem … Vollbeschäftigung verspricht. -- Liquiditätsprämie ; Liquiditätsfalle ; Liquiditätsgebühr ; Zinsstruktur ; Eigenzins ; Negativzins …

Persistent link: https://www.econbiz.de/10003924293

Macrofinancial Causes of Optimism in Growth Forecasts

Carriere-Swallow, Yan; Marzluf, José - 2022

We analyze the causes of the apparent bias towards optimism in growth forecasts underpinning the design of IMF-supported programs, which has been documented in the literature. We find that financial variables observable to forecasters are strong predictors of growth forecast errors. The greater...

Persistent link: https://www.econbiz.de/10013306722

A theory of growth and threshold inflation with estimates

Dholakia, Ravindra H. - In: Journal of quantitative economics 18 (2020) 3, pp. 471-493

Persistent link: https://www.econbiz.de/10012418835

1
2
3
4
5
6
7
8
9
10
Next
Last