Results 221 to 230 of about 77,176 (263)
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The Review of Economics and Statistics, 1984
Fama, Eugene, and Richard Roll, "Some Properties of Symmetric Stable Distributions," Journal of the American Statistical Association 63 (Sept. 1968), 817-838. ______ "Parameter Estimates for Symmetric Stable Distributions," Journal of the American Statistical Association 66 (June 1971), 331-338.
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Fama, Eugene, and Richard Roll, "Some Properties of Symmetric Stable Distributions," Journal of the American Statistical Association 63 (Sept. 1968), 817-838. ______ "Parameter Estimates for Symmetric Stable Distributions," Journal of the American Statistical Association 66 (June 1971), 331-338.
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A model of common monetary policy [PDF]
, 1997 This paper analyses the prerequisites for and the results of unanimous monetary policy decisions in a monetary union consisting of heterogeneous members.The analysis is based on a multicountry version of Rogoff's model of the determination of monetary policy in the presence of supply shocks.It is shown that an international transfer system can be ...
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Credibility and monetary policy in a model with growth
Oxford Economic Papers, 1998doing effects in a macroeconomic model. We show that an inflation bias arises because monetary surprises may be exploited to maximise potential output by temporarily raising the rate of human capital accumulation. Our model also provides an alternative explanation for the empirical evidence linking inflation and growth, where the causal link goes from ...
Tirelli, P, Muscatelli, V
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Monetary Part of Abenomics: A Simplified Model [PDF]
SSRN Electronic Journal, 2014 Presented is a simplified mathematical model that describes dynamics developing on financial market after the liquidity pumping. The model is used to examine theoretical and practical implications of the monetary component of Abenomics. Based on the theoretical considerations, proposed is a somewhat practical suggestion how to increase the efficiency ...
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2011
Thoroughly updated and expanded with a new chapter on blockchain and increased coverage of cryptocurrency, as well as new data, this established advanced undergraduate textbook approaches the subject via first principles. It builds on a simple, clear monetary model and applies this framework consistently to a variety of monetary questions.
Bruce Champ +2 more
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Thoroughly updated and expanded with a new chapter on blockchain and increased coverage of cryptocurrency, as well as new data, this established advanced undergraduate textbook approaches the subject via first principles. It builds on a simple, clear monetary model and applies this framework consistently to a variety of monetary questions.
Bruce Champ +2 more
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Search-and-Matching Models of Monetary Exchange
2008In this article we review a class of equilibrium search (matching) models that can be used to study the trading process, and in particular to develop a formal theory of money as a medium of exchange. Developing such a theory is one of the longest-standing issues in economics, but it met with at best limited success prior to the development of search ...
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Heterogeneous expectations in monetary DSGE models
Journal of Economic Dynamics and Control, 2012zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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2004
This chapter discusses the emergence of monetary policy models in the United States and presents a detailed overview of the most celebrated monetary policy model, the Taylor rule.
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This chapter discusses the emergence of monetary policy models in the United States and presents a detailed overview of the most celebrated monetary policy model, the Taylor rule.
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A Monetary Growth Model With Variable Employment
Journal of Money, Credit and Banking, 1969THIS PAPER PRESENrS a monetary growth model in which employment is determined endogenously. Unlike the conventional unemployment models, however, no "un-Keynesian" 1 assumptions about the price administration by either business firms or labor unions are made.
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Models of Monetary Equilibrium
2017The objective of this chapter is to formulate a basic prototype monetary macroeconomic model built along the microeconomic principles of Chapter 2, which will serve as the benchmark for a consistent macroeconomic analysis of the short-run allocations, i.e.
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