Results 11 to 20 of about 90,517 (298)

Fixed-Wage Contracts and Monetary Non-neutrality [PDF]

open access: yesAmerican Economic Journal: Macroeconomics, 2019
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
openaire   +5 more sources

L'inutile nozione di "moneta naturale"

open access: yesMoneta e Credito, 2014
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
doaj   +1 more source

Neutral money reconsidered

open access: yesPSL Quarterly Review, 2013
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
doaj   +1 more source

On the Complementarity of the Austrian and Monetarist Traditions

open access: yesQuarterly Journal of Austrian Economics, 2023
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
doaj   +1 more source

Monetary Impacts on Prices in the Short and Long Run: Further Results for the United States

open access: yesJournal of Agricultural and Resource Economics, 1993
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
doaj   +1 more source

Another reason for non-neutrality of financial liquidity [PDF]

open access: yesPanoeconomicus, 2019
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
doaj   +1 more source

ABOUT THE SUSTAINABILITY OF THE ECONOMIC DEVELOPMENT IN CONDITIONS OF MONETARY REACTIVITY. THE CASE OF THE ROMANIAN SOCIALIST AND POST-SOCIALIST ECONOMY [PDF]

open access: yesAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2020
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
doaj  

IS LONG-RUN MONETARY NEUTRAL? EVIDENCE FROM INDONESIA

open access: yesEconomic Journal of Emerging Markets, 2011
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
doaj   +7 more sources

Modeling Credit Emission in a Growing Economy: Long-Term Effects and Excesses [PDF]

open access: yesAlterEconomics, 2022
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
doaj   +1 more source

Non-neutrality of monetary policy in policy games [PDF]

open access: yesEuropean Journal of Political Economy, 2004
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
openaire   +5 more sources

Home - About - Disclaimer - Privacy