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Rationalität der Inflationserwartungen in der Schweiz und in Deutschland

This paper tests the rational expectations hypothesis for Swiss and German inflationary expectations. The results show that inflationary expectations are mostly rational in both countries. This confirms the position of the Swiss National Bank and the German Bundesbank that monetary policy cannot systematically stimulate economic activity.
Year of publication:
1997
Authors: Lehner, Anne Kleinewefers
Published in:
Swiss Journal of Economics and Statistics (SJES). - Schweizerische Gesellschaft für Volkswirtschaft und Statistik / Société Suisse d"Économie et de Statistique - SGVS/SSES, ISSN 0303-9692. - Vol. 133.1997, III, p. 557-574
Publisher: Schweizerische Gesellschaft für Volkswirtschaft und Statistik / Société Suisse d"Économie et de Statistique - SGVS/SSES
Extent:
application/pdf
Type of publication: Article
Source:
Persistent link: https://www.econbiz.de/10005577894
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