Download or read book Monetary Policy in Low Inflation Economies written by David E. Altig and published by Cambridge University Press. This book was released on 2009-07-31 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume investigate the challenges of transitioning to lower levels of inflation and conducting monetary policy in low-inflation economies. The essays make both theoretical and empirical contributions.

Download or read book The Stock Market Channel of Monetary Policy written by Mr.Ralph Chami and published by International Monetary Fund. This book was released on 1999-02-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper argues that the stock market is an important channel of monetary policy. Monetary policy affects real economic activity because inflation levies a property tax on stocks in addition to an income tax on dividend payments. Inflation thus taxes stocks more heavily than it does bonds. Households alter their required rate of return as inflation changes, and firms adjust production in order to satisfy their shareholders’ demands. As the stock market channel grows in importance, the appropriate intermediate target for the central bank is the price level, with price stability being the ultimate goal.

Download or read book Asset Prices and Monetary Policy written by John Y. Campbell and published by University of Chicago Press. This book was released on 2008-11-15 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth, low inflation, and financial stability are among the most important goals of policy makers, and central banks such as the Federal Reserve are key institutions for achieving these goals. In Asset Prices and Monetary Policy, leading scholars and practitioners probe the interaction of central banks, asset markets, and the general economy to forge a new understanding of the challenges facing policy makers as they manage an increasingly complex economic system. The contributors examine how central bankers determine their policy prescriptions with reference to the fluctuating housing market, the balance of debt and credit, changing beliefs of investors, the level of commodity prices, and other factors. At a time when the public has never been more involved in stocks, retirement funds, and real estate investment, this insightful book will be useful to all those concerned with the current state of the economy.

Download or read book Stock returns and Inflation in a Principle agent Economy written by Boyan Jovanovic and published by . This book was released on 1998 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Journal of economic theory written by Universidade da Coruña and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Impact of Inflation on Capital Markets and Growth written by Michael Patrick Aarstol and published by . This book was released on 1996 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Portfolio Investment and Inflation in Emerging Stock Markets written by Pichet Jaensubhakij and published by . This book was released on 1998 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Journal of Economic Literature written by and published by . This book was released on 1996 with total page 1350 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Index of Economic Articles in Journals and Collective Volumes written by American Economic Association and published by . This book was released on 2003 with total page 1452 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Britische Europaideen 1940 1970 B cher und Brosch ren written by Winfried Böttcher and published by . This book was released on 2003 with total page 948 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Index of Economic Articles in Journals and Collective Volumes written by and published by . This book was released on 2003 with total page 1552 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Aanwinsten van de Centrale Bibliotheek Queteletfonds written by Bibliothèque centrale (Fonds Quetelet) and published by . This book was released on 1997 with total page 1298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Savings and Development written by and published by . This book was released on 2004 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Bibliographie der Wirtschaftswissenschaften written by and published by . This book was released on 1996 with total page 1006 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Bibliographie der Staats und Wirtschaftswissenschaften written by and published by . This book was released on 1996 with total page 1012 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Liquidity and Asset Prices written by Yakov Amihud and published by Now Publishers Inc. This book was released on 2006 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liquidity and Asset Prices reviews the literature that studies the relationship between liquidity and asset prices. The authors review the theoretical literature that predicts how liquidity affects a security's required return and discuss the empirical connection between the two. Liquidity and Asset Prices surveys the theory of liquidity-based asset pricing followed by the empirical evidence. The theory section proceeds from basic models with exogenous holding periods to those that incorporate additional elements of risk and endogenous holding periods. The empirical section reviews the evidence on the liquidity premium for stocks, bonds, and other financial assets.

Download or read book This Time Is Different written by Carmen M. Reinhart and published by Princeton University Press. This book was released on 2011-08-07 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical investigation of financial crises during the last 800 years.