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~person:"Weber, Michael"
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ECONIS (ZBW)
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11
The effect of unconventional fiscal policy on consumption expenditure
D'Acunto, Francesco
;
Hoang, Daniel
;
Weber, Michael
-
2016
-
This version: August 2016
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate
inflation
… 2007. The shock increased households'
inflation
expectations during 2006 and actual
inflation
in 2007. Germans' willingness …
Persistent link: https://www.econbiz.de/10011523731
Saved in:
12
Low
inflation
: high default risk AND high equity valuations
Bhamra, Harjoat Singh
;
Dorion, Christian
;
Jeanneret, …
-
2018
We develop an asset-pricing model with endogenous corporate policies that explains how
inflation
jointly impacts real … when
inflation
falls. An increase in
inflation
has opposite effects, but with smaller magnitudes. In the cross section, the … model predicts the negative impact of
inflation
on real equity values is stronger for low leverage firms. We find empirical …
Persistent link: https://www.econbiz.de/10011941263
Saved in:
13
Big G
Cox, Lydia
;
Müller, Gernot J.
;
Pasten, Ernesto
; …
-
2020
impact
inflation
, little crowding out of private expenditure exists, and the multiplier tends to be larger compared to a one …
Persistent link: https://www.econbiz.de/10012206057
Saved in:
14
Leaning against housing prices as robustly optimal monetary policy
Adam, Klaus
;
Woodford, Michael
-
2018
setting where the private sector has rational expectations about future housing prices and
inflation
, optimal monetary policy … refers to
inflation
and the output gap only is optimal, as in the standard model without a housing sector. When the … unexpected housing price increases, policy should adopt a stance that is projected to undershoot its normal targets for
inflation
…
Persistent link: https://www.econbiz.de/10011859319
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