Sacrifice Ratios and Monetary Policy Credibility: Do Smaller Budget Deficits, Inflation-indexed Debt, and Inflation Targets Lower Disinflation Costs?

Download Sacrifice Ratios and Monetary Policy Credibility: Do Smaller Budget Deficits, Inflation-indexed Debt, and Inflation Targets Lower Disinflation Costs? PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (248 download)

DOWNLOAD NOW!


Book Synopsis Sacrifice Ratios and Monetary Policy Credibility: Do Smaller Budget Deficits, Inflation-indexed Debt, and Inflation Targets Lower Disinflation Costs? by : J. Benson Durham

Download or read book Sacrifice Ratios and Monetary Policy Credibility: Do Smaller Budget Deficits, Inflation-indexed Debt, and Inflation Targets Lower Disinflation Costs? written by J. Benson Durham and published by . This book was released on 2001 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sacrifice Ratios and Monetary Policy Credibility

Download Sacrifice Ratios and Monetary Policy Credibility PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (44 download)

DOWNLOAD NOW!


Book Synopsis Sacrifice Ratios and Monetary Policy Credibility by : J. Benson Durham

Download or read book Sacrifice Ratios and Monetary Policy Credibility written by J. Benson Durham and published by . This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sacrifice Ratios and Monetary Policy Credibility

Download Sacrifice Ratios and Monetary Policy Credibility PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Sacrifice Ratios and Monetary Policy Credibility by : J. Benson Durham

Download or read book Sacrifice Ratios and Monetary Policy Credibility written by J. Benson Durham and published by . This book was released on 2001 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sacrifice Ratios and the Conduct of Monetary Policy in Conditions of Low Inflation

Download Sacrifice Ratios and the Conduct of Monetary Policy in Conditions of Low Inflation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Sacrifice Ratios and the Conduct of Monetary Policy in Conditions of Low Inflation by : Palle Schelde Andersen (deceased)

Download or read book Sacrifice Ratios and the Conduct of Monetary Policy in Conditions of Low Inflation written by Palle Schelde Andersen (deceased) and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The focus of monetary policy has shifted markedly over the past 15 years away from attempts to fine tune the economy towards the longer-run goal of attaining price stability and creating the necessary conditions for sustainable economic growth. In an attempt to minimise the costs of such a transition, central banks have become more independent and monetary policy more transparent, changes intended to increase the credibility of monetary policy and to reduce short-run sacrifice ratios. However, concerns have been expressed that an environment of price stability and independent central banks may instead lead to higher sacrifice ratios and, perhaps, even higher rates of structural unemployment, because of the increased importance of nominal and real rigidities at low rates of inflation. The purpose of this paper is to analyse whether there are any grounds for such concerns. We do so by estimating sacrifice ratios for 19 industrialised countries, using three alternative approaches: (1) estimating aggregate supply curves; (2) estimating structural price and wage equations; and (3) comparing actual changes in inflation with changes in standard measures of output and labour market slack. The empirical evidence shows that, as the average rate of inflation for the 19 countries in our sample has fallen from 8% to 31⁄2%, the average sacrifice ratio has increased from around 1.5 to about 2.5. Although sacrifice ratios appear to have risen in virtually all countries, the increases tend to be smallest in those that have adopted measures to deregulate labour and product markets and in countries where the central bank has adopted explicit inflation targets. However, the empirical evidence also reveals that point estimates of the sacrifice ratios for individual countries are quite sensitive to the econometric method adopted. This last result suggests that identification of the sources of higher sacrifice ratios remains elusive and thus that one should be cautious about drawing strong implications for monetary policy from these kinds of estimates.

Rule-of-thumb Behaviour and Monetary Policy

Download Rule-of-thumb Behaviour and Monetary Policy PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Rule-of-thumb Behaviour and Monetary Policy by : Jeffery D. Amato

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:

The Rise of Artificial Intelligence and Big Data in Pandemic Society

Download The Rise of Artificial Intelligence and Big Data in Pandemic Society PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 9811909504
Total Pages : 300 pages
Book Rating : 4.8/5 (119 download)

DOWNLOAD NOW!


Book Synopsis The Rise of Artificial Intelligence and Big Data in Pandemic Society by : Kazuhiko Shibuya

Download or read book The Rise of Artificial Intelligence and Big Data in Pandemic Society written by Kazuhiko Shibuya and published by Springer Nature. This book was released on 2022-03-28 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a study of the COVID-19 pandemic using computational social scientific analysis that draws from, and employs, statistics and simulations. Combining approaches in crisis management, risk assessment and mathematical modelling, the work also draws from the philosophy of sacrifice and futurology. It makes an original contribution to the important issue of the stability of society by highlighting two significant factors: the COVID-19 crisis as a catalyst for change and the rise of AI and Big Data in managing society. It also emphasizes the nature and importance of sacrifices and the role of politics in the distribution of sacrifices. The book considers the treatment of AI and Big Data and their use to both “good” and “bad” ends, exposing the inevitability of these tools being used. Relevant to both policymakers and social scientists interested in the influence of AI and Big Data on the structure of society, the book re-evaluates the ways we think of lifestyles, economic systems and the balance of power in tandem with digital transformation.

Treasury Inflation-indexed Debt

Download Treasury Inflation-indexed Debt PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Treasury Inflation-indexed Debt by : Brian Sack

Download or read book Treasury Inflation-indexed Debt written by Brian Sack and published by . This book was released on 2002 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Great Inflation

Download The Great Inflation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226066959
Total Pages : 545 pages
Book Rating : 4.2/5 (26 download)

DOWNLOAD NOW!


Book Synopsis The Great Inflation by : Michael D. Bordo

Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Interpreting the Significance of Lagged Interest Rate in Estimated Monetary Policy Rules

Download Interpreting the Significance of Lagged Interest Rate in Estimated Monetary Policy Rules PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Interpreting the Significance of Lagged Interest Rate in Estimated Monetary Policy Rules by : William B. English

Download or read book Interpreting the Significance of Lagged Interest Rate in Estimated Monetary Policy Rules written by William B. English and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation Targeting and Financial Stability

Download Inflation Targeting and Financial Stability PDF Online Free

Author :
Publisher :
ISBN 13 : 9781597821711
Total Pages : 120 pages
Book Rating : 4.8/5 (217 download)

DOWNLOAD NOW!


Book Synopsis Inflation Targeting and Financial Stability by : Pierre-Richard Agénor

Download or read book Inflation Targeting and Financial Stability written by Pierre-Richard Agénor and published by . This book was released on 2013 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Avoiding Nash Inflation

Download Avoiding Nash Inflation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Avoiding Nash Inflation by : Robert J. Tetlow

Download or read book Avoiding Nash Inflation written by Robert J. Tetlow and published by . This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Credit Scoring and the Availability, Price, and Risk of Small Business Credit

Download Credit Scoring and the Availability, Price, and Risk of Small Business Credit PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (121 download)

DOWNLOAD NOW!


Book Synopsis Credit Scoring and the Availability, Price, and Risk of Small Business Credit by : Allen N. Berger

Download or read book Credit Scoring and the Availability, Price, and Risk of Small Business Credit written by Allen N. Berger and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Why are Semiconductor Prices Falling So Fast?

Download Why are Semiconductor Prices Falling So Fast? PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Why are Semiconductor Prices Falling So Fast? by : Ana Aizcorbe

Download or read book Why are Semiconductor Prices Falling So Fast? written by Ana Aizcorbe and published by . This book was released on 2002 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation and the Size of Government

Download Inflation and the Size of Government PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Inflation and the Size of Government by : Song Han

Download or read book Inflation and the Size of Government written by Song Han and published by . This book was released on 2002 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Does the Labor Share of Income Drive Inflation?

Download Does the Labor Share of Income Drive Inflation? PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Does the Labor Share of Income Drive Inflation? by : Jeremy Bay Rudd

Download or read book Does the Labor Share of Income Drive Inflation? written by Jeremy Bay Rudd and published by . This book was released on 2002 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

On the Economics of Discrimination in Credit Markets

Download On the Economics of Discrimination in Credit Markets PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis On the Economics of Discrimination in Credit Markets by : Song Han

Download or read book On the Economics of Discrimination in Credit Markets written by Song Han and published by . This book was released on 2002 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Extracting the Expected Path of Monetary Policy from Futures Rates

Download Extracting the Expected Path of Monetary Policy from Futures Rates PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis Extracting the Expected Path of Monetary Policy from Futures Rates by : Brian Sack

Download or read book Extracting the Expected Path of Monetary Policy from Futures Rates written by Brian Sack and published by . This book was released on 2002 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: