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CBDC and Business Cycle Dynamics in a New Monetarist New Keynesian Model
Assenmacher, Katrin; Bitter, Lea; Ristiniemi, Annukka - 2023
To study implications of an interest-bearing CBDC on the economy, we integrate a New Monetarist-type decentralised market that explicitly accounts for the means-of-exchange function of bank deposits and CBDC into a New Keynesian model with financial frictions. The central bank influences the...
Persistent link: https://www.econbiz.de/10014354929
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Divergent trends in the velocity of money
Neumann, Manfred J. M. - 1995
Persistent link: https://www.econbiz.de/10013276815
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The stability of European money demand : an investigation of M3H
Wesche, Katrin - 1995
Persistent link: https://www.econbiz.de/10000927717
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Aggregating money demand in Europe with a Divisia index
Wesche, Katrin - 1996
Persistent link: https://www.econbiz.de/10000951981
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Aggregation bias in estimating European money demand functions
Wesche, Katrin - 1996
Persistent link: https://www.econbiz.de/10000951982
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Central bank independence and seigniorage : the banque de France
Wesche, Katrin - 1995
Persistent link: https://www.econbiz.de/10000908088
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The ECB's transmission protection instrument and fiscal stability
Assenmacher, Katrin - In: The Economists' voice 20 (2023) 1, pp. 89-95
Persistent link: https://www.econbiz.de/10014364829
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Monetary policy since the financial crisis : why interest rates need to be low
Assenmacher, Katrin - In: A changing role for central banks? : 41th Economics …, (pp. 156-164). 2013
Persistent link: https://www.econbiz.de/10010222844
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Forecasting the Swiss economy with a small GVAR model
Assenmacher, Katrin - In: The GVAR handbook : structure and applications of a …, (pp. 244-254). 2013
Persistent link: https://www.econbiz.de/10009729929
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Bridging the gap between structural VAR and DSGE models
Assenmacher, Katrin - In: DSGE models in the conduct of policy : use as intended, (pp. 23-30). 2017
Persistent link: https://www.econbiz.de/10011659223