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inflation
(882 results)-
White Papers
The Design And Effects Of Monetary Policy In Sub-Saharan African Countries
July 1, 2010 12:00am PDT
Since the 1990s there have been a number of major changes in the design and conduct of monetary policy. In a globalized environment, there is less time to adjust to shocks and greater need to...
Provided by: Peter G. Peterson Institute for International Economics
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White Papers
CMBS Subordination, Ratings Inflation, And The Crisis Of 2007-2009
July 1, 2010 12:00am PDT
This paper analyzes the performance of the Commercial Mortgage-Backed Security (CMBS) market before and during the recent financial crisis. Using a comprehensive sample of CMBS deals from 1996 to...
Provided by: National Bureau of Economic Research
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White Papers
On Graduation From Default, Inflation And Banking Crisis: Elusive Or Illusion?
July 1, 2010 12:00am PDT
This paper uses a data set of over two hundred years of sovereign debt, banking and inflation crises to explore the question of how long it takes a country to "Graduate" from the typical pattern...
Provided by: National Bureau of Economic Research
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White Papers
Financial Conditions Indexes: A Fresh Look After The Financial Crisis
July 1, 2010 12:00am PDT
This paper explores the link between financial conditions and economic activity. The authors first review existing measures, including both single indicators and composite Financial Conditions...
Provided by: National Bureau of Economic Research
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White Papers
Evolving Macroeconomic Dynamics In A Small Open Economy: An Estimated Markov-Switching DSGE Model For The United Kingdom
July 1, 2010 12:00am PDT
This paper carries out a systematic investigation into the possibility of structural shifts in the UK economy using a Markov-switching Dynamic Stochastic General Equilibrium (DSGE) model. The...
Provided by: Bank of England
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White Papers
Using Estimated Models To Assess Nominal And Real Rigidities In The United Kingdom
July 1, 2010 12:00am PDT
This paper aims to contribute to the understanding of inflation dynamics in the United Kingdom by estimating two dynamic stochastic general equilibrium models and assessing the role of nominal and...
Provided by: Bank of England
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White Papers
Capital Regulation And Monetary Policy With Fragile Banks
July 1, 2010 12:00am PDT
The financial crisis is producing, among other consequences, a change in perception on the roles of financial regulation and monetary policy. The pre-crisis common wisdom sounded roughly like...
Provided by: Bruegel
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White Papers
Global Liquidity Trap
July 1, 2010 12:00am PDT
In this paper the authors consider a two-country New Open Economy Macroeconomics model, and analyze the optimal monetary policy when countries cooperate in the face of a "Global Liquidity Trap" -...
Provided by: Federal Reserve Bank of Dallas
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White Papers
Macroeconomic Uncertainty, Inflation And Growth: Regime-Dependent Effects In The G7
July 1, 2010 12:00am PDT
The authors analyze the causal effects of real and nominal macroeconomic uncertainty on inflation and output growth and examine whether these effects vary with the level of inflation and location...
Provided by: University of Manchester
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White Papers
Optimal Monetary Policy With Non-Zero Net Foreign Wealth
July 1, 2010 12:00am PDT
The author studies the impact of net foreign wealth on the optimal monetary policy of an open economy in a two-country DSGE model with incomplete markets, sticky prices and deviations from the Law...
Provided by: Munich Personal Repec Archive
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White Papers
How Has The Financial Crisis Affected The Eurozone Accession Outlook In Central And Eastern Europe?
July 1, 2010 12:00am PDT
This paper analyses how the financial crisis has affected task of meeting the Maastricht Criteria for the eight Central and Eastern European Countries which have yet to join the euro. It...
Provided by: De Nederlandsche Bank
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White Papers
Time Variation In U.S. Wage Dynamics
July 1, 2010 12:00am PDT
This paper explores time variation in the dynamic effects of technology shocks on U.S. output, prices, interest rates as well as real and nominal wages. The results indicate considerable time...
Provided by: European Central Bank
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White Papers
Trusting The Bankers: A New Look At The Credit Channel Of Monetary Policy
July 1, 2010 12:00am PDT
Any empirical analysis of the credit channel faces a key identification challenge: changes in credit supply and demand are difficult to disentangle. To address this issue, the authors use the...
Provided by: European Central Bank
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White Papers
Monetary Policy And Capital Regulation In The US And Europe
July 1, 2010 12:00am PDT
From the onset of the 2007-2009 crises, the Federal Reserve and the European Central Bank have aggressively lowered interest rates. Both sets of changes are at odds with an anti-inflationary...
Provided by: European Central Bank
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White Papers
The Financial Crisis And Citizen Trust In The European Central Bank
July 1, 2010 12:00am PDT
Trust in the ECB, as measured by the standard Eurobarometer (and other) surveys has fallen to an unprecedented low - especially in the larger euro area countries. The authors find that up to the...
Provided by: Centre for European Policy Studies
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White Papers
Monetary Policy Committees And Model Uncertainty
July 1, 2010 12:00am PDT
The authors introduce heterogeneity into a monetary policy committee by allowing the degree of model uncertainty to differ across members. It is shown that in this framework the stage at which...
Provided by: Philipps-Universitat Marburg
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White Papers
Monetary Policy Analysis And Forecasting In The Group Of Twenty
June 29, 2010 12:00am PDT
This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into twenty national economies along the lines of the Group of...
Provided by: International Monetary Fund
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White Papers
Welfare Implications Of Country Size In A Monetary Union
June 15, 2010 12:00am PDT
This paper calculates differences in welfare costs of nominal rigidities in large and small EMU countries. The author uses a two-country DSGE model characterized by optimizing agents, monopolistic...
Provided by: Munich Personal Repec Archive
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White Papers
Smart Ideas To Solve Your Businesses Problems And Beat The Economic Slow Down
June 6, 2010 12:00am PDT
Economic upheaval has pulled small businesses into troubled waters. With a steep drop in consumer buying power at one end and mortgages, business loans, inflation, credit card debts, high...
Provided by: AusBusiness Review
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White Papers
Financial Stability And Monetary Policy
June 3, 2010 12:00am PDT
The authors argue that although UK monetary policy can be described using a Taylor rule in 1992- 2007, this rule fails during the recent financial crisis. They interpret this as reflecting a...
Provided by: University of Bath
