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 … im Sinne des Stabilitäts- und Wachstumspaktes. Durch die primäre Zielsetzung der EZB, eine Inflationsrate unterhalb, aber …

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

Optimal Monetary and Fiscal Policy for Small Open and Emerging Economies

Fasolo, Angelo Marsiglia - 2010

This dissertation computes the optimal monetary and fiscal policy for small open and emerging economies in an estimated medium-scale model. The model departs from the conventional approach as it encompasses all the major nominal and real rigidities normally found in the literature in a single...

Persistent link: https://www.econbiz.de/10009475440

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

"Adjusting to EMU: The impact of monetary union on domestic fiscal and wage-setting institutions"

Enderlein, Henrik. - 2003

This paper argues that when EU member states joined EMU, this resulted in domestic institutional changes in the areas of fiscal policy-making and wage-setting. The paper argues that these changes were triggered by two facts: (i) in EMU, the monetary policy can no longer be used as an instrument...

Persistent link: https://www.econbiz.de/10009463689

"Adjusting to EMU: The impact of monetary union on domestic fiscal and wage-setting institutions"

Enderlein, Henrik. - 2003

Persistent link: https://www.econbiz.de/10009463920

Essays in the Macroeconomics of Emerging Countries

Seoane, Hernan Daniel - 2011

This dissertation is a collection of essays with the main objective of estimate and understand macroeconomic behavior of emerging countries by the lenses of modern tools in general equilibrium modeling. In the first chapter, I study whether structural parameters of Small Open Economy Real...

Persistent link: https://www.econbiz.de/10009475388

Infliacijos teisinė analizė

Seniut, Eva - 2007

A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of property forms, legal tends, extent of inflation,...

Persistent link: https://www.econbiz.de/10009478992