Results 41 to 50 of about 22,782,565 (347)
On the Relevance of Monetary Aggregates in Monetary Policy Models [PDF]
SSRN Electronic Journal, 2005 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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Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory
, 1998 We estimate a forward-looking monetary policy reaction function for the postwar United States economy, before and after Volcker’s appointment as Fed Chairman in 1979. Our results point to substantial differences in the estimated rule across periods.
Richard Clarida, J. Gaĺı, M. Gertler
semanticscholar +1 more source
Modeling and Prediction of Monetary and Non-monetary Business Values
2013 17th IEEE International Enterprise Distributed Object Computing Conference, 2013 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]
SSRN Electronic Journal, 2000 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]
پژوهشهای اقتصادی, 2018 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]
, 2005 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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Monetary Policy According to HANK
Social Science Research Network, 2016 We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because ...
Greg Kaplan, Benjamin Moll, G. Violante
semanticscholar +1 more source
Improving monetary policy models [PDF]
Journal of Economic Dynamics and Control, 2008 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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A Monetary Model of Factor Utilisation [PDF]
SSRN Electronic Journal, 2002 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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Bridging the gap: Multi‐stakeholder perspectives of molecular diagnostics in oncology
Molecular Oncology, EarlyView.Although molecular diagnostics is transforming cancer care, implementing novel technologies remains challenging. This study identifies unmet needs and technology requirements through a two‐step stakeholder involvement. Liquid biopsies for monitoring applications and predictive biomarker testing emerge as key unmet needs. Technology requirements vary by
Jorine Arnouts +8 more
wiley +1 more source