Results 21 to 30 of about 119,224 (163)
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
doaj +1 more source
Price Stability and Financial Stability: The Historical Record [PDF]
Review, 1998 Although the economic performance of the U.S. economy in 1997 was very good, it was troubling in at least one respect for the Federal Open Market Committee. Traditional signals of inflation - rapid money growth and high levels of economic activity - were not accompanied by higher inflation. Rather, inflation fell steadily throughout the year.
Michael D. Bordo, David C. Wheelock
openaire +1 more source
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
doaj
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
doaj +2 more sources
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
doaj +1 more source
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
doaj +1 more source
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
openaire +3 more sources
What Horizon for Price Stability [PDF]
SSRN Electronic Journal, 2000 This paper analyses in a unified framework the twin issues of the appropriate horizon for achieving price stability in the face of unexpected disturbances and the choice of a price level versus an inflation objective. Using a small estimated forward-looking model of the euro area economy, the three main findings are: 1) The policy horizon becomes ...
openaire +2 more sources
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
openaire +4 more sources
INFLATION TRENDS AND STABILITY OF THE NATIONAL MONETARY UNIT OF UKRAINE [PDF]
Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка, 2013 The influence of monetary policy on price dynamics in Ukraine. Factors inflationin Ukraine. The role of the NBU in the regulation of price dynamics.
J. Belinska, V. Byhovchenko
doaj +1 more source