Search Results - subject:"Nominal GDP targeting"

Incomplete credit markets and monetary policy

Azariadēs, Kōstas; Bullard, James B.; Singh, Aarti; … - In: Journal of economic dynamics & control 103 (2019), pp. 83-101

Persistent link: https://www.econbiz.de/10012131077

Monetary aggregation theory and nominal GDP targeting

Barnett, William A.; Su, Liting - In: International journal of business and globalisation : IJBG 22 (2019) 4, pp. 490-505

Persistent link: https://www.econbiz.de/10012106985

Monetary management in a dual banking system : a nominal-GDP targeting approach

Hadian, Mehdi - In: Islamic finance, risk-sharing and macroeconomic stability, (pp. 95-118). 2019

Persistent link: https://www.econbiz.de/10012098459

A note on nominal GDP targeting and macroeconomic (in)stability

Chen, Shu-Hua - In: Macroeconomic dynamics 23 (2019) 8, pp. 3483-3508

Persistent link: https://www.econbiz.de/10012166276

Nominal GDP targeting: what are central bankers talking about?

Csermely, Ágnes; Tóth, Máté Barnabás - In: MNB Bulletin 8 (2013) 2, pp. 7-11

‘nominal GDP targeting’, which many people believe is worth considering as a monetary policy option irrespective of the crisis …. This article presents an overview of the pros and cons of nominal GDP targeting. Overall, targeting a specific level of … measurement of potential output, etc.) raise questions about its applicability. For this reason, using nominal GDP targeting as a …

Persistent link: https://www.econbiz.de/10010680883

Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting

Sheedy, Kevin D. - Centre for Economic Performance, LSE - 2013

inefficiently distributed. This paper argues that a monetary policy of nominal GDP targeting can improve the functioning of …

Persistent link: https://www.econbiz.de/10010643604

Nominal GDP targeting for a speedier economic recovery

Eagle, David M. - Volkswirtschaftliche Fakultät, … - 2012

For U.S. recessions since 1948, we study paneled time series of (i) ExUR, the excess of the unemployment rate over the prerecession rate, and (ii) NGAP, the percent deviation of nominal GDP from its prerecession trend. Excluding the 1969-70 and 1973-75 recessions, a regression of ExUR on current...

Persistent link: https://www.econbiz.de/10011108641

Two Equations on the Pareto-Efficient Sharing of Real GDP Risk

Eagle, David M.; Christensen, Lars - Volkswirtschaftliche Fakultät, … - 2012

For a pure-exchange, closed economy without storage, Eagle and Domian (2005) and Koenig (2011) derive similar but different equations of Pareto-efficient risk sharing. We confirm that both equations are correct. We also generalize and reinterpret Koenig’s equation. We find that Koenig’s...

Persistent link: https://www.econbiz.de/10011257830

A "Working" Solution to the Question of Nominal GDP Targeting

Ireland, Peter; Belongia, Michael T. - Department of Economics, Boston College - 2012

Although a number of economists have tried to revive the idea of nominal GDP targeting since the financial market …

Persistent link: https://www.econbiz.de/10010820060

Permanent versus temporary monetary base injections : implications for past and future Fed policy

Beckworth, David - In: Journal of macroeconomics 54 (2017) 1, pp. 110-126

Persistent link: https://www.econbiz.de/10011927772