Results 91 to 100 of about 1,143,555 (207)
Evolutionary Stability of First Price Auctions [PDF]
This paper studies the evolutionary stability of the unique Nash equilibrium of a first price sealed bid auction. It is shown that the Nash equilibrium is not asymptotically stable under payoff monotonic dynamics for arbitrary initial popu- lations.
Fernando Louge, Frank Riedel
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The commpliance of price stability, financial stability and financial efficiency [PDF]
The current financial crisis has prompted significant debate around the proper management of monetary policy and its role in preventing financial crises, particularly when they grow to the size of the one we are now seeing in developed economies.
Florin DUMITER, Marius HERBEI
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Sustainability of public finances and automatic stabilisation under a rule of budgetary discipline [PDF]
This paper addresses the question of how a fiscal rule of a general type can preserve the sustainability of public finances and provide automatic stabilisation, taking as given interest rates and price stability.
Marín, José M.
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Price Stability and Japanese Monetary Policy [PDF]
For most of the time since 1995, the Japanese price level has declined. Since early 1999, short-term interest rates have mostly remained near zero. Also, starting in 2001, the excess reserves held by banks have risen dramatically.
Hetzel, Robert-L
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FARM PRICE SUPPORTS AND ECONOMIC STABILITY [PDF]
Agricultural Finance,
Fox, Karl A.
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Oil Shocks and Price Stability [PDF]
Yi Wen, Luke M. Shimek
openaire +2 more sources
International Experiences With Different Monetary Policy Regimes [PDF]
In recent years a growing consensus has emerged for price stability as the overriding, long run goal of monetary policy. However, despite this consensus, the following question still remains: how should monetary policy be conducted to achieve the price ...
Mishkin, Frederic S.
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Low Inflation or Price Stability? A Look at the Issues [PDF]
This paper examines whether monetary authorities should aim for low inflation or price stability. It first outlines and assesses many of the costs of inflation.
Kenny, Geoff, McGettigan, Donal
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EMU-enlargement and the Reshaping of Decision-making within the ECB Governing Council: A Voting-Power Analysis [PDF]
The monetary policy of the European Central Bank (ECB) is the subject matter of this paper. We analyze the prospects for future price stability in an enlarged European Monetary and Economic Union (EMU). At the heart of this study are the potential e®ects
Christian Fahrholz, Philipp Mohl
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New International Financial Arrangements [PDF]
The paper addresses three related issues about monetary institutions. First, acting alone countries cannot achieve price and exchange rate stability.
Meltzer, Allan-H
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