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Gold, fiat money and price stability [PDF]
The B.E. Journal of Macroeconomics, 2007 The classical gold standard has long been associated with long-run price stability. But short-run price variability led critics of the gold standard to propose reforms that look much like modern versions of price-path targeting. This paper uses a dynamic
Michael D. Bordo +2 more
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Uncertainty, Price Stabilization and Welfare [PDF]
Southern Economic Journal, 1991 This paper investigates whether a small country facing foreign price instability benefits from active stabilization of the domestic price of the importable. For example, the European Community can be treated as a small open economy facing price instability of agricultural products originating in the United States.
E. Kwan Choi, Stanley R. Johnson
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Price clusters and stock price stability [PDF]
Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental, 2022 Understanding the factors affecting stock return volatility, for analysts, investors and company executives, it is critical. In this study, using a traditional approach, we identify the factors influencing volatility and how price friction is formed on stock price stability, and in particular, examining the clustering test for price increases.
Hamid Reza Kordlouie +3 more
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Is Price Stability Enough? [PDF]
SSRN Electronic Journal, 2006 No one in the industrial countries should now question the substantial economic benefits associated with reducing inflation from earlier, high levels. At the same time, history also teaches that the stability of consumer prices might not be sufficient to ensure macroeconomic stability.
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WHAT WE KNOW ABOUT THE CONVERGENCE CRITERIA FOR ROMANIA’S [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2015 Knowing the criteria for joining the euro zone is carried out by informing with an adequate economic education. This education must help those interested to know the economic situation of a European nation.
LUCIAN-ION MEDAR, IRINA-ELENA CHIRTOC
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, 2021 The aim of delivering medium-term price stability is the stated objective of the Monetary Authority of Singapore. To this end, the central bank adopted an unusual exchange rate–based monetary policy framework that has served the economy well over the past decades.
CHOW, Hwee Kwan, XIE, Taojun
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Moneta e Credito, 2014 In a recent paper F. Modigliani and T. Padoa-Schioppa analyzed the characteristics of an economy, such as Italy’s, in which wages are 100% protected against inflation through the mechanism of wage indexation to prices.
P.C. PADOAN, M.L. PETIT
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Economia Aplicada, 2023 In the 1990s the independence of central banks has been considered as a condition for achieving durable price stability. The discussion about the independence of central banks is based on theoretical arguments and empirical evidence.
Helder Ferreira de Mendonça
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Devisenreserven der SNB zur Finanzierung der AHV?
Yearbook of Swiss Administrative Sciences, 2021 As part of its rigorous minimum exchange rate policy, the Swiss National Bank (SNB) has accumulated a considerable amount of foreign exchange in recent years, reaching a level of over 850 billion Swiss francs at the end of 2020 and thus exceeding the ...
Alma Ramsden +3 more
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