Showing 31 - 40 of 66
Persistent link: https://www.econbiz.de/10003873634
Persistent link: https://www.econbiz.de/10001763017
Persistent link: https://www.econbiz.de/10001747063
Persistent link: https://www.econbiz.de/10009724175
Persistent link: https://www.econbiz.de/10002937894
Persistent link: https://www.econbiz.de/10003404054
Persistent link: https://www.econbiz.de/10003387334
Persistent link: https://www.econbiz.de/10014330123
counterfactual policy experiments. The end result is a laboratory that is rich enough to account for the dynamics of at least five …
Persistent link: https://www.econbiz.de/10012757855
Today, all major central banks pay or collect interest on reserves, and stand ready to use the interest rate as an instrument of monetary policy. We show that by paying an appropriate rate on reserves, the central bank can pin the price level uniquely to a target. The essential idea is to index...
Persistent link: https://www.econbiz.de/10012980673