Results 11 to 20 of about 1,537,669 (180)
Stock Market Volatility, Risk Attitude and the Demand for Money in the UK [PDF]
, 2014 Is stock market volatility an important determinant of money demand in the UK? If yes, what is the driving force behind that effect? In a cointegration framework, we find that volatility in share prices is an important positive determinant of money ...
Bissoondeeal, R. +4 more
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Controllo quantitativo del credito: alcune considerazioni generali.
Moneta e Credito, 2014 In this brief note, the author criticises A.K. Kelly’s A Critical Note on the Quantity Theory of Money. The author contends that while there are certainly sound arguments supporting the view that the nominal stock of money is partly dependent on the ...
R.S. MASERA
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High interest rates and inflation in the U.S.: cause or effect?
PSL Quarterly Review, 2013 The paper analyses three related aspects of the U.S. interest rate experience in the 1960s: the underlying factors responsible for the extraordinary rise in interest rates in the 1960s, the stickiness of long rates during the 1969-1970 recession and its ...
D.I. FAND
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Tassi d'interesse e inflazione nella recente esperienza degli Stati Uniti.
Moneta e Credito, 2014 The paper analyses three related aspects of the U.S. interest rate experience in the 1960s: the underlying factors responsible for the extraordinary rise in interest rates in the 1960s, the stickiness of long rates during the 1969-1970 recession and its ...
D.I. FAND
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The quantity theory of money. Reply to Dr. R.S. Masera
PSL Quarterly Review, 2014 In this brief note, the author responds to R.S. Masera’s criticism of the author’s position on the quantity theory of money. The author maintains that the monetary authorities cannot arbitrarily create excessive money balances in the hands of the public ...
A. KELLY
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Effects of Fiscal Policy and Monetary Policy on the Stock Market in Poland
Economies, 2013 The focus of this paper is to examine potential impacts of fiscal and monetary policies on stock market performance in Poland. Applying the GARCH model and based on a sample during 1999.Q2 to 2012.Q4, this paper finds that Poland’s stock market index is ...
Yu Hsing
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Matemática agradável Pleasant mathematics
Brazilian Journal of Political Economy, 2008 This paper suggests a reconsideration of the principle that public deficits should be financed by public debt. Two main reasons are offered. First, it is admitted that public debt is an economic variable whose time behaviour is better described by a ...
Gerson Lima
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Some issues in monetary economics
PSL Quarterly Review, 2014 Basic issues in monetary theory are presently being debated and increasing attention is being directed to a number of rather technical questions. Moreover, the growing interest among monetary theorists in defining instrument and policy variables that are
D.I. FAND
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Macroeconomic Determinants of the Stock Market Index and Policy Implications: The Case of a Central European Country [PDF]
Eurasian Journal of Business and Economics, 2011 This paper examines the relationship between Hungary’s stock market index and relevant macroeconomic variables. The GARCH model is applied in empirical work.
Yu HSING
doaj
The validity and time-horizon of the Fed model for equity valuation: a co-integration approach
Journal of Banking and Financial Economics, 2015 Investors do arbitrage between bonds and stocks. The so-called “Fed model” asserts that comparing the level of the earnings yields of stocks to the nominal government bond yields is relevant when assessing the relative values of the two asset classes ...
Fabien Mercier
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