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Wie viele ausländische Euro-Münzenfließen nach Deutschland?

Seitz, Franz; Stoyan, Dietrich - Hochschule für Angewandte Wissenschaften <Amberg - 2008

Das vorliegende Papier beschäftigt sich mit der Frage, wie viele ausländische Euro-Münzenpro Tag in ein Euro-Land einströmen. Dafür formulieren wir ein kleines formalmathematischesModell, das wir für den Fall Deutschlands und 1-Euro-Münzen kalibrieren.Die Einführung der Euro-Münzen 2002...

Persistent link: https://www.econbiz.de/10005866103

Expected Money Growth, Markov Trends and theInstability of Money Demand in the Euro Area

Kaufmann, Sylvia; Kugler, Peter - Wirtschaftswissenschaftliches Zentrum <Basel> - 2007

This paper analyzes the recently documented instability of money demand in theeuro area in the framework of a Markov switching trend model. First, we consider astandard flexible price model with stable money demand, rational expectations, andan exogenous income-money ratio which follows a Markov...

Persistent link: https://www.econbiz.de/10005867935

Does Bank Capital Matter for Monetary Transmission?

Van den Heuvel, Skander J. - Pennsylvania State University <University Park, Pa.> / … - 2002

Traditional monetary theory has largely ignored the role ofbank equity. Bank-centered accounts of how monetarypolicy affects the real economy usually focus on the role ofreserves and reserve requirements in determining the volumeof demand deposits and, in the case of the bank lendingchannel,...

Persistent link: https://www.econbiz.de/10005869391

New Keynesian Perspectives on Monetary Policy and the Business Cycle in Closed Economies and Monetary Unions

Mayer, Eric - 2006

No abstract available

Persistent link: https://www.econbiz.de/10009433688

AGENT–BASED KEYNESIAN MACROECONOMICS - An Evolutionary Model Embedded in an Agent–Based Computer Simulation

Oeffner, Marc - 2008

Computersimulation, welche im Gebiet der Geldtheorie anzusiedeln ist. Agentenbasierte Computersimulationen sind innovative Werkzeuge, die … Transmissionsmechanismus knüpft an die Arbeiten Knut Wicksells im Bereich der Geldtheorie an. Darüber hinaus beinhaltet das Modell viele … und Variablen umfasst. Da es bis heute keine vergleichbare Arbeit auf dem Gebiet der Geldtheorie gibt, musste sich das …

Persistent link: https://www.econbiz.de/10009433699

On money: A brief intellectual interpretation

Fornasari, Massimo - In: The Journal of European Economic History (JEEH) 52 (2023) 1, pp. 183-207

The nature of money continues to perplex us. Over time anthropologists, economists, historians and sociologists have provided various answers to the question "what is money?" Ultimately these answers reflect different and often contradictory approaches to the dynamics of economic systems and...

Persistent link: https://www.econbiz.de/10015206892

Money and Reciprocity

Hens, Thorsten; Vogt, Bodo - Institut für Schweizerisches Bankwesen <Zürich>; … - 2003

Based on an experimental analysis of a simple monetary economy we argue that a monetary system is more stable than one would expect from individual rationality. Weshow that positive reciprocity stabilizes the monetary system, provided everyparticipant considers accepting money as a reasonable...

Persistent link: https://www.econbiz.de/10005858586

Beiträge zur Wirtschaftstheorie. Wissenschaftliche Gutachten. Zweiter Teil: Konjunkturforschung und Konjunkturtheorie

Diehl, Karl (contributor) - 1928

Persistent link: https://www.econbiz.de/10014492874

The Rationale for Inflation Targeting

Mishkin, Frederic S.; Posen, Adam Simon - Federal Reserve Bank <New York, NY> - 1997

[...]The first intellectual development challenging the use ofan activist monetary policy to stimulate output and reduceunemployment is the finding, most forcefully articulatedby Milton Friedman, that the effects of monetary policyhave long and variable lags.1 The uncertainty of the timingand...

Persistent link: https://www.econbiz.de/10005870226

Design Issues in the Implementation of Inflation Targets

Mishkin, Frederic S.; Posen, Adam Simon - Federal Reserve Bank <New York, NY> - 1997

[...]In the case studies that follow, we will see that thedesign choices for an inflation-targeting regime fall intofour basic categories: definition and measurement of thetarget, transparency, flexibility, and timing.[...]

Persistent link: https://www.econbiz.de/10005870227