Results 21 to 30 of about 3,579,788 (304)
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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Unravelling the Effectiveness of Monetary Policy: A Cross-Country Analysis of Macro-economic Goal Performance [PDF]
Social Science Chronicle, 2023 Central banks occupy an indispensable role in the pursuit of crucial economic objectives that underpin a nation’s financial stability and prosperity.
Sedem Akorkor Deih
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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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American Economic Review, 2006 Nearly a quarter-century after Paul Volcker's declaration of war on inflation on October 6, 1979, Alan Greenspan declared that the goal had been achieved. Drawing on the extensive historical record, I examine the views of Chairmen Volcker and Greenspan on some aspects of the evolving monetary policy debate and explore some of the distinguishing ...
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Price-Level Targeting and Stabilization Policy [PDF]
Review, 2009 We construct a dynamic stochastic general equilibrium model to study optimal monetary stabilization policy. Prices are fully flexible and money is essential for trade. Our main result is that if the central bank pursues a price-level target, it can control inflation expectations and improve welfare by stabilizing short-run shocks to the economy.
Aleksander Berentsen +1 more
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MERKEZ BANKASI FİNANSAL İSTİKRAR TEDBİRLERİ: REEL KUR VE KREDİLERİN CARİ AÇIĞA ETKİSİ
Sosyal Ekonomik Araştırmalar Dergisi, 2012 Yaşanılan son küresel krizinin ardından birçok ülke ekonomisi para politikası önceliklerini değiştirmiş, potansiyel bir ekonomik istikrarsızlığa karşın ekonomik büyüme, finansal istikrar ve ödemeler dengesi gibi göstergelere yönelik önlemler almışlardır.
Fatih Mangır, Savaş Erdoğan
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Studies and Scientific Researches: Economics Edition, 2010 This study is focused upon the involvement of the central banks regarding the fulfillment of the two main objectives: price stability and financial stability.
Marius Apostoaie
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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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Evolutionary Stability in First Price Auctions [PDF]
Dynamic Games and Applications, 2011 In this paper, the authors introduce a new approach to the study of evolution in first price auctions. They analyze the stability properties of the Nash equilibrium under the replicator dynamic and general payoff-monotonic dynamics. The paper consists of six sections (with the introduction, the brief presentation of the model, and the conclusion as ...
Louge, Fernando, Riedel, Frank
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Valuation, liquidity price, and stability of cryptocurrencies [PDF]
Proceedings of the National Academy of Sciences, 2018 Published: Proc. Nat. Acad.
Carey Caginalp, Gunduz Caginalp
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