Results 11 to 20 of about 90,517 (298)
Fixed-Wage Contracts and Monetary Non-neutrality [PDF]
We study the importance of wage rigidities for the monetary policy transmission mechanism. Using uniquely rich micro data on Swedish wage negotiations, we isolate periods when the labor market is covered by fixed-wage contracts. Importantly, negotiations are coordinated in time but their seasonal patterns are far from deterministic.
Björklund, Maria +2 more
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L'inutile nozione di "moneta naturale"
The concept of neutral money occupies a notable place in monetary theory, from neoclassical literature to the present. This paper reconsiders the meaning of the neutrality of money and the nature of the conditions that make for such neutrality.
J. ASCHHEIM
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The concept of neutral money occupies a notable place in monetary theory, from neoclassical literature to the present. This paper reconsiders the meaning of the neutrality of money and the nature of the conditions that make for such neutrality.
J. ASCHHEIM
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On the Complementarity of the Austrian and Monetarist Traditions
In his article, Professor Salin focuses on two main aspects of monetary economics: first, the neutrality and stability of money, and, second, the balance of payments.
Karl-Friedrich Israel
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Monetary Impacts on Prices in the Short and Long Run: Further Results for the United States
This study examines the long-run neutrality of money and the short-run dynamics of farm and nonfarm prices to the monetary shock, using Johansen's approach. Results find a long-run equality of prices, but not neutrality.
Young Chan Choe, Won W. Koo
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Another reason for non-neutrality of financial liquidity [PDF]
This paper reinterprets the non-neutrality of financial liquidity under a general equilibrium model with multiple financial liquidities, but without price stickiness.
Lee Jong-Eun
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ABOUT THE SUSTAINABILITY OF THE ECONOMIC DEVELOPMENT IN CONDITIONS OF MONETARY REACTIVITY. THE CASE OF THE ROMANIAN SOCIALIST AND POST-SOCIALIST ECONOMY [PDF]
money neutrality; money reactivity; real economy; monetary economy; biomonetarism; sustainability of development through money; monetary flexibility; economic expansion; currency production function; money in socialism; inflation; shortage ...
Chirițescu, Dorel-Dumitru +1 more
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IS LONG-RUN MONETARY NEUTRAL? EVIDENCE FROM INDONESIA
This paper examines the long-run monetary neutrality in Indonesia, mainly using annual time-series during 1970-2007. It uses Fisher-Seater methodology to analyze the research problems.
Arintoko Arintoko
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Modeling Credit Emission in a Growing Economy: Long-Term Effects and Excesses [PDF]
According to experts, the factor of monetary emission has not been studied enough among the factors which influence the emergence of long-period economic cycles. The neutrality of money is one of the reasons of long-period cycles.
Sergey Y. MALKOV +1 more
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Non-neutrality of monetary policy in policy games [PDF]
Abstract This paper investigates the sources of non-neutrality in policy games involving one or more trade unions. We use a simple open economy model to demonstrate basic mechanisms that also arise in other frameworks. There are common roots in the non-neutrality results obtained in such apparently different contexts as, for example, an inflation ...
ACOCELLA, Nicola +1 more
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