Similar Search Results

Monetary and Fiscal Policies in Currency Board Systems and Monetary Unions

Grimm, Oliver - 2007

-Board-Systeme das Zeitinkonsistenzproblem der Geldpolitik lösen, da aufgrund ihrer gesetzlichen Verankerung eine überraschende … Zeitinkonsistenzproblem der Geldpolitik dominant ist, und dies obwohl asymmetrische Schocks nicht stabilisiert werden können. Eine …

Persistent link: https://www.econbiz.de/10009476166

Firm-level exchange rate exposure in the Eurozone

Hutson, Elaine; O'Driscoll, Anthony

Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …

Persistent link: https://www.econbiz.de/10009475709

Fiscal policies in the euro area : revisiting the size of spillovers

Alloza Frutos, Mario; Burriel Llombart, Pablo; Pérez … - 2018

El tamaño de los efectos desbordamiento (spillovers) de la política fiscal en el área del euro se ha convertido en un tema de particular relevancia en la actualidad, habida cuenta de las propuestas sobre la coordinación de políticas fiscales que persiguen encontrar un tono agregado de...

Persistent link: https://www.econbiz.de/10012532167

How Important Are Foreign Shocks in Small Open Economy? The Case of Slovakia

Horváth, Roman; Rusnák, Marek - 2008

In this paper, we provide evidence on the nature and the relative importance of domestic and foreign shocks in Slovak economy based on block-restriction vector autoregression model in 1999-2007. We document well-functioning monetary transmission mechanism in Slovakia. Subject to various...

Persistent link: https://www.econbiz.de/10009477391

Europos Centrinio banko veiklos teisinis reguliavimas

Narbutaitė, Gema - 2006

the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for …

Persistent link: https://www.econbiz.de/10009478178

Exchange rate pass-through in the euro area and EU countries

Ortega Eslava, Eva; Osbat, Chiara - 2020

La traslación del tipo de cambio (ERPT, por sus siglas en inglés) a los precios de importación y consumo en la Unión Europea es, en términos agregados, menor que en los años 90 y tiene un comportamiento no lineal. Estimaciones agregadas de una traslación pequeña a los precios al consumo...

Persistent link: https://www.econbiz.de/10012523788

Fair prices & fair wages : implications for macroeconomic dynamics in closed & open economies

M. Alper Çenesiz - 2008

In this dissertation, I present five dynamic general equilibrium models. The distinguishing feature of these models is that they incorporate reciprocal altruistic behavior into an otherwise standard New Keynesian framework. In particular, I extend the New Keynesian model such that the assumed...

Persistent link: https://www.econbiz.de/10009428971

14.452 Macroeconomic Theory II, Spring 2002

Blanchard, Olivier - 2002

The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter...

Persistent link: https://www.econbiz.de/10009433258

14.452 Macroeconomic Theory II, Spring 2005

Blanchard, Olivier - 2005

Persistent link: https://www.econbiz.de/10009433264

Output volatility in developing countries

De Hart, Petrus Jacobus - 2008

Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...

Persistent link: https://www.econbiz.de/10009457744