Similar Search Results

Opting out of the great inflation: German monetary policy after the break down of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2008

expectations. We derive an interest rate rule and show empirically that it approximates the way the Bundesbank conducted monetary …

Persistent link: https://www.econbiz.de/10010303730

Managing households' expectations with unconventional policies

D'Acunto, Francesco; Hoang, Daniel; Weber, Michael - 2021

unconventional policies that aim to increase households' spending directly through managing their expectations. We first show … theoretically and empirically that higher in ation expectations increase households' consumption. We then design a difference … demand via managing expectations. Whereas unconventional fiscal policy increases households' expectations and spending …

Persistent link: https://www.econbiz.de/10012490917

Bad for Euroland, worse for Germany : the ECB's record

Bibow, Jörg (contributor) - 2005

This paper assesses the contribution of the European Central Bank (ECB) to Germany's ongoing economic crisis, a vicious circle of decline in which the country has become stuck since the early 1990s. It is argued that the ECB continues the Bundesbank tradition of asymmetric policymaking: the bank...

Persistent link: https://www.econbiz.de/10003229840

Bad for Euroland, Worse for Germany - the Ecb's Record

Bibow, Jörg - 2006

Persistent link: https://www.econbiz.de/10012735028

The Central Bank as a Risk Manager : Quantifying and Forecasting Inflation Risks

Kilian, Lutz; Manganelli, Simone - 2021

We propose to regard the central banker as a risk manager who aims to contain inflation within pre-specified bounds. We develop formal tools of risk management that may be used to quantify and forecast the risks of failing to attain that objective. We illustrate the use of these risk measures in...

Persistent link: https://www.econbiz.de/10013319941

Konjunkturprognosen: Verfahren, Erfolgskontrolle und Prognosefehler

Grömling, Michael - 2005

The economic forecasts for Germany in the period 2001 to 2003 grossly missed reality. Forecasters estimated an average annual growth rate of 1.6 per cent, but real GDP actually grew by only 0.3 per cent per annum. In 2003 the real GDP in Germany even shrank by 0.1 per cent. Forecasters tend to...

Persistent link: https://www.econbiz.de/10010262887

Opting out of the Great Inflation: German monetary policy after the break down of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2009

expectations. We derive an interest rate rule and show empirically that it approximates the way the Bundesbank conducted monetary …

Persistent link: https://www.econbiz.de/10011605066

Opting out of the great inflation : German monetary policy after the breakdown of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2009

expectations. We derive an interest rate rule and show empirically that it approximates the way the Bundesbank conducted monetary …

Persistent link: https://www.econbiz.de/10003837787

Opting out of the Great Inflation : German monetary policy after the break down of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina - 2009

expectations. We derive an interest rate rule and show empirically that it approximates the way the Bundesbank conducted monetary …

Persistent link: https://www.econbiz.de/10003831853

Opting out of the great inflation : German monetary policy after the break down of Bretton Woods

Beyer, Andreas; Gaspar, Vítor; Gerberding, Christina; … - 2008

expectations. We derive an interest rate rule and show empirically that it approximates the way the Bundesbank conducted monetary …

Persistent link: https://www.econbiz.de/10003864082