EBookClubs

Read Books & Download eBooks Full Online

EBookClubs

Read Books & Download eBooks Full Online

Book Inflation Nominal Interest Rates and the Variability of Output

Download or read book Inflation Nominal Interest Rates and the Variability of Output written by Mr.Bankim Chadha and published by International Monetary Fund. This book was released on 1996-10-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the distribution of output around capacity when money demand is a nonlinear function of the nominal interest rate such that nominal interest rates cannot become negative. When fluctuations in output result primarily from disturbances to the money market, the variance of output is shown to be an increasing function of the trend inflation rate. When they result from disturbances to the goods market, the variance of output is a decreasing function of the trend inflation rate. When both disturbances are significant, there exists, in general, a critical non-zero trend inflation rate that minimizes the variance of output.

Book Inflation Nominal Interest Rates and the Variability of Output

Download or read book Inflation Nominal Interest Rates and the Variability of Output written by Bankim Chadha and published by . This book was released on 1994 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Contribution of Inflation to the Level and the Variability of Nominal Interest Rates

Download or read book The Contribution of Inflation to the Level and the Variability of Nominal Interest Rates written by Markus Granziol and published by . This book was released on 1988 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Real Exchange Rate and Output Variability

Download or read book Real Exchange Rate and Output Variability written by Bankim Chadha and published by . This book was released on 1989 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Demand Variability Supply Shocks and the Output inflation Tradeoff

Download or read book Demand Variability Supply Shocks and the Output inflation Tradeoff written by Richard T. Froyen and published by . This book was released on 1983 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the shift in the relation between the inflation rate and the rate of growth of real output which has occurred in the United States over the past three decades, and attempts to assess the relative importance of three possible lines of explanation: a) the new classical view of the output-inflation tradeoff, initially specified by Lucas;b) the effect of supply-side shocks, such as energy prices; c) the effect of inflation variability on the natural rate of real output, as hypothesized by Milton Friedman. The paper concludes that b) and c) seem to have played a significant role in the observed shift from a positive to a negative correlation between the rate of inflation and the rate of real output growth,but that a) did not.

Book Money Interest Rates and Inflation

Download or read book Money Interest Rates and Inflation written by Frederic S. Mishkin and published by Edward Elgar Publishing. This book was released on 1993 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frederick Mishkin's work has been dedicated to understanding the relationship between money, interest rates and inflation. The 15 essays in this collection - unabashedly empirical and rigorous - include much of Professor Mishkin's most highly regarded work. Money, Interst Rates and Inflation offers a coherent and informative assessment of how monetary policy affects the economy. In addition, the essays in this collection illustrate how rational expectations econometrics can be used to answer basic questions in the monetary-macroeconomics and finance areas.

Book Simple Rules for Monetary Policy

Download or read book Simple Rules for Monetary Policy written by John Carroll Williams and published by . This book was released on 1999 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Optimal Monetary Policy in a Model with Habit Formation

Download or read book Optimal Monetary Policy in a Model with Habit Formation written by Jeffrey C. Fuhrer and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Three Lessons for Monetary Policy in a Low Inflation Era

Download or read book Three Lessons for Monetary Policy in a Low Inflation Era written by David Reifschneider and published by . This book was released on 1999 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Costs and Consequences of Inflation

Download or read book The Costs and Consequences of Inflation written by Karl Brunner and published by . This book was released on 1981 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Rule of thumb Behaviour and Monetary Policy

Download or read book Rule of thumb Behaviour and Monetary Policy written by Jeffery D. Amato and published by . This book was released on 2002 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Flattening of the Phillips Curve

Download or read book Flattening of the Phillips Curve written by Dora M. Iakova and published by International Monetary Fund. This book was released on 2007-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, inflation has become less responsive to domestic demand pressures in many industrial countries. This development has been attributed, in part, to globalization forces. A small macroeconomic model, estimated on UK data using Bayesian estimation, is used to analyze the monetary policy implications of this structural change. The focus is on the implications of a globalization-related flattening of the Phillips curve for the trade-off between inflation and output gap variability and for the efficient monetary policy response rule.