Abenomics: from the “Great Stagnation” to the “Three-Arrows Strategy”
This article addresses Japan’s economy, its new economic policy package, which is known as Abenomics. The centerpiece of Abenomics has been the three “economic arrows” targeted at aggressive monetary policy, flexible fiscal policy, and growth strategy ...
Grabowiecki Jerzy
doaj +1 more source
Housing Price, Mortgage Interest Rate and Immigration
Housing price in New Zealand has appreciated substantially after the Global Financial Crisis, resulting in an affordability problem for first home buyers.
Chong Fennee
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Definition of price stability, range and point inflation targets: the anchoring of long-term inflation expectations [PDF]
JEL Classification: E52, E61, E31, E42, E43credibility, definition of price stability, inflation, inflation expectations, nominal ...
Castelnuovo, Efrem+2 more
core
Quantum affine algebras and universal R-matrix with spectral parameter, II
This paper is an extended version of our previous short letter \cite{ZG2} and is attempted to give a detailed account for the results presented in that paper. Let $U_q({\cal G}^{(1)})$ be the quantized nontwisted affine Lie algebra and $U_q({\cal G})$ be
Gould, Mark D., Zhang, Yao-Zhong
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Designing targeting rules for international monetary policy cooperation [PDF]
JEL Classification: E52, F41, F42inflation target, Monetary policy cooperation, sticky prices, targeting rules, welfare ...
Benigno, Gianluca, Benigno, Pierpaolo
core
Inflation Dynamics and Policy Mix in Ghana
Ghana was the second African country to adopt the inflation-targeting framework in 2007. The country faced persistently high levels of inflation, exceeding 100 percent in the early 1980s.
Leshoro Temitope Lydia A.
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The Welfare of Ramsey Optimal Policy Facing Auto-Regressive Shocks [PDF]
With non-controllable auto-regressive shocks, the welfare of Ramsey optimal policy is the solution of a single Riccati equation of a linear quadratic regulator. The existing theory by Hansen and Sargent (2007) refers to an additional Sylvester equation but miss another equation for computing the block matrix weighting the square of non-controllable ...
arxiv
Inflation persistence and monetary policy design: an overview [PDF]
How monetary policy should be set optimally when the structure of the economy exhibits inflation persistence is an important question for policy makers.
Levin, Andrew T., Moessner, Richhild
core
Organic field-testing of compounds to control apple scab (Venturia inaequalis) in combination with alleyway cover crops [PDF]
To find new potential fungicides acceptable to organic production preventing apple scab (Venturia inaequalis) infections on leaf and fruits during primary apple scab infection period.
Bengtsson, Marianne+4 more
core
Discovery of the Optical Transient of the Gamma Ray Burst 990308
The optical transient of the faint Gamma Ray Burst 990308 was detected by the QUEST camera on the Venezuelan 1-m Schmidt telescope starting 3.28 hours after the burst. Our photometry gives $V = 18.32 \pm 0.07$, $R = 18.14 \pm 0.06$, $B = 18.65 \pm 0.23$,
A. Bongiovanni+72 more
core +1 more source