Results 31 to 40 of about 956,789 (309)
On the Relevance of Monetary Aggregates in Monetary Policy Models [PDF]
This paper develops a business cycle model with a financial intermediation sector. Financial wealth is defined as a predetermined state variable. Both, the additional sector of financial intermediaries and predetermination of financial wealth, affect the demand for real financial wealth.
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A basic macroeconomic agent-based model for analyzing monetary regime shifts.
In macroeconomics, an emerging discussion of alternative monetary systems addresses the dimensions of systemic risk in advanced financial systems. Monetary regime changes with the aim of achieving a more sustainable financial system have already been ...
Florian Peters +3 more
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Modeling and Prediction of Monetary and Non-monetary Business Values
In existing business model frameworks little attention is paid to a thorough understanding of the perceived customer value of a business’ offering as compared to competing offers. In this paper, we propose to use utility theory in combination with e3value models to address this issue. An actor's joint utility function specifies how much value the actor
Välja, Margus +4 more
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Monetary Policy Misspecification in VAR Models [PDF]
We examine the effects of extracting monetary policy disturbances with semi-structural and structural VARs, using data generated by a limited participation model under partial accommodative and feedback rules. We find that, in general, misspecification is substantial: short run coefficients often have wrong signs; impulse responses and variance ...
Fabio Canova, Joaquim Pires Pina
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Analyzing the Importance of Balance Sheet Channel in Monetary Transmission Mechanism in Iran [PDF]
This paper aims to analyze the importance of balance sheet channel of credit approach in monetary transmission mechanism in Iran during 1989:2-2014:1. This analysis is based on a structural vector auto-regression (SVAR) model with ten variables including
Seyed Jamaledin Mohseni Zonouzi
doaj
Learning Dynamics in Monetary Policy: The Robustness of an Aggressive Price Stabilizing Policy [PDF]
This paper investigates the effect of an aggressive inflation stabilizing monetary policy on the ability of agents to reach a rational expectations equilibrium for inflation and output.
Wang, Miao, Wong, M. C. Sunny
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Improving monetary policy models [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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A Monetary Model of Factor Utilisation [PDF]
The propagation mechanism of monetary shocks in an otherwise standard sticky-price model is examined, modified to incorporate factor hoarding in the form of variable capital utilisation rates and labour effort. In contrast to previous studies, it is found that real effects of monetary shocks can be generated at relatively low degrees of nominal ...
Katharine S Neiss, Evi Pappa
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Objectives There is growing interest in evaluating new strategies to delay or prevent post‐traumatic osteoarthritis (PTOA) in individuals who have sustained anterior cruciate ligament (ACL) injury. This study sought to determine characteristics of potential treatments that are acceptable to patients with ACL injury.
Kevin Kennedy +9 more
wiley +1 more source
Monetary Policy in the Post Keynesian Theoretical Framework
The purpose of this contribution is to develop a Post Keynesian monetary policy model, presenting its goals, tools, and channels. The original contribution this paper develops, following (Keynes’s 1936, 1945) proposals, is the use of debt management as ...
FÁBIO HENRIQUE BITTES TERRA +1 more
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