Similar Search Results

Dynamic effects of monetary policy shocks on macroeconomic volatility

Mumtaz, Haroon; Theodoridis, Konstantinos - 2015

We use a simple New Keynesian model, with firm specific capital, non-zero steady-state inflation, long-run risks and Epstein-Zin preferences to study the volatility implications of a monetary policy shock. An unexpected increases in the policy rate by 150 basis points causes output and inflation...

Persistent link: https://www.econbiz.de/10011389786

How do adaptive learning expectations rationalize stronger monetary policy response in Brazil?

Dizioli, Allan; Wang, Hou - In: Latin American journal of central banking : LAJCB 5 (2024) 1, pp. 1-16

This paper estimates a standard Dynamic Stochastic General Equilibrium (DSGE) model that includes a wage and price …

Persistent link: https://www.econbiz.de/10015055065

The Relationship between Inflation, output growth, and their Uncertainties: Evidence from selected CEE countries

Hasanov, Mubariz; Omay, Tolga - İktisat Bölumu, İktisadi ve İdari Bilimler Fakültesi - 2012

In this paper, we examine causal relationships among inflation rate, output growth rate, inflation uncertainty and output uncertainty for ten Central and Eastern European transition countries. For this purpose, we estimate a bivariate GARCH model that includes output growth and inflation rates...

Persistent link: https://www.econbiz.de/10009421508

An inflation expectations horserace

Guzman, Giselle C. - Volkswirtschaftliche Fakultät, … - 2010

For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the Michigan Survey. While these measures have been useful in developing models of forecasting inflation, the data are low frequency...

Persistent link: https://www.econbiz.de/10009647457

The relationship between inflation, output growth, and their uncertainties: Evidence from selected CEE countries

Hasanov, Mübariz; Omay, Tolga - Volkswirtschaftliche Fakultät, … - 2010

Persistent link: https://www.econbiz.de/10008743006

Simulating Historical Inflation-Linked Bond Returns

Swinkels, Laurens - 2018

Empirical research on the benefits of investing in inflation-linked bonds usually relies on a limited number of observations due to the relatively recent introduction of these assets. We estimate models for the break-even inflation rate and use these to create hypothetical inflation-linked bond...

Persistent link: https://www.econbiz.de/10012934959

Income Inequality, Monetary Policy, and the Business Cycle

Fowler, Stuart J. - Society for Computational Economics - SCE - 2005

The effects of changes in monetary policy are studied in a general equilibrium model where money facilitates transactions. Because there are two types of agents, workers and capitalists, different elasticities of money demand exist, implying that monetary policy influences the distribution of...

Persistent link: https://www.econbiz.de/10005537508

Income Inequality, Monetary Policy, and the Business Cycle

Fowler, Stuart J. - Economics and Finance Department, Jennings A. Jones … - 2005

Persistent link: https://www.econbiz.de/10005578985

Investment, Inflation and Economic Growth Nexus

Iqbal, Nasir; Nawaz, Saima - In: The Pakistan Development Review 48 (2009) 4, pp. 863-874

two threshold levels for Pakistan using annual data from 1961 to 2008 is examined and secondly, nonlinear relationship … between inflation and investment has been investigated. Inflation and growth models support the existence of a nonlinear … which inflation influences economic growth and the analysis indicates the nonlinear relationship between these two variables …

Persistent link: https://www.econbiz.de/10010547050

Investment, inflation and economic growth nexus

Nasir, Iqbal; Saima, Nawaz - Volkswirtschaftliche Fakultät, … - 2010

Persistent link: https://www.econbiz.de/10008756483