Showing 1 - 10 of 18,985
Persistent link: https://www.econbiz.de/10011665084
explanation for rising income inequality. The authors are experts on monetary policy, financial crises, and contract theory from … Lender of Last Resort -- The Case for the Separation of Money and Credit -- Part II Putting Theory to Work: Macro …
Persistent link: https://www.econbiz.de/10012397452
Persistent link: https://www.econbiz.de/10013343960
Die vorliegende Studie wurde im Arbeitsbereich "Konjunktur und Finanzmärkte" erstellt und im Dezember 2005 … Aktienkurs- und Immobilienpreisänderungen auf das Bruttoinlandsprodukt und seine Komponenten, die Inflationsrate, die Geldpolitik …Die vorliegende Studie wurde im Arbeitsbereich ""Konjunktur und Finanzmärkte"" erstellt und im Dezember 2005 …
Persistent link: https://www.econbiz.de/10003301732
We study the impact of the interaction between fiscal and monetary policy on the low-frequency relationship between the fiscal stance and inflation using crosscountry data from 1965 to 1999. In a first step, we contrast the monetary-fiscal narrative for Germany, the U.S. and Italy with evidence...
Persistent link: https://www.econbiz.de/10011391752
This book comprehensively and scientifically tests the assertion that accommodative monetary policy can eliminate the "crowd out" problem, allowing fiscal stimulus programs (such as tax cuts or increased government spending) to stimulate the economy as intended. The book is intended to be the...
Persistent link: https://www.econbiz.de/10012406111
Persistent link: https://www.econbiz.de/10003357508
This paper investigates how government bond purchases affect leverage-constrained banks and non-financial firms by utilising a stochastic general equilibrium model. My results indicate that government bond purchases not only reduce non-financial firms' borrowing costs, amplified through a...
Persistent link: https://www.econbiz.de/10011541061
Persistent link: https://www.econbiz.de/10003946871