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The Economics Of Seasonality And Monetary Policy
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Book Synopsis The Economics of Seasonality and Monetary Policy by : Eric Ghysels
Download or read book The Economics of Seasonality and Monetary Policy written by Eric Ghysels and published by . This book was released on 1984 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Seasonal Cycles by : Jeffrey A. Miron
Download or read book The Economics of Seasonal Cycles written by Jeffrey A. Miron and published by MIT Press. This book was released on 1996 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on economic rather than purely statistical issues, looking at which of the alternative statistical models of seasonality are plausible for economic variables, and asking why seasonal fluctuations in economic variables require special treatment relative to other kinds of fluctuations.
Book Synopsis Seasonal Monetary Policy by : Marcelo Veracierto
Download or read book Seasonal Monetary Policy written by Marcelo Veracierto and published by DIANE Publishing. This book was released on 2008-08 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors use a dynamic general equilibrium cash-in-advance model to study the role of monetary policy in U.S. seasonal cycles. They find that the seasonal monetary policy regime is largely irrelevant: Smoothing interest rates across the seasons or following a constant growth rate of money lead to basically the same real allocations. Only nominal interest rates are significantly affected. Tables and graphs.
Book Synopsis The Role of Seasonality and Monetary Policy in Inflation Forecasting by : Francis Y. Kumah
Download or read book The Role of Seasonality and Monetary Policy in Inflation Forecasting written by Francis Y. Kumah and published by International Monetary Fund. This book was released on 2006-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adequate modeling of the seasonal structure of consumer prices is essential for inflation forecasting. This paper suggests a new econometric approach for jointly determining inflation forecasts and monetary policy stances, particularly where seasonal fluctuations of economic activity and prices are pronounced. In an application of the framework, the paper characterizes and investigates the stability of the seasonal pattern of consumer prices in the Kyrgyz Republic and estimates optimal money growth and implied exchange rate paths along with a jointly determined inflation forecast. The approach uses two broad specifications of an augmented error-correction model-with and without seasonal components. Findings from the paper confirm empirical superiority (in terms of information content and contributions to policymaking) of augmented error-correction models of inflation over single-equation, Box-Jenkins-type general autoregressive seasonal models. Simulations of the estimated errorcorrection models yield optimal monetary policy paths for achieving inflation targets and demonstrate the empirical significance of seasonality and monetary policy in inflation forecasting.
Book Synopsis Joint Seasonal Adjustment of Economic Time Series by : Eric J. Bartelsman
Download or read book Joint Seasonal Adjustment of Economic Time Series written by Eric J. Bartelsman and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Should the Fed Smooth Interest Rates? by :
Download or read book Should the Fed Smooth Interest Rates? written by and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seasonal Cycles, Business Cycles, and Monetary Policy by : Zheng Liu
Download or read book Seasonal Cycles, Business Cycles, and Monetary Policy written by Zheng Liu and published by . This book was released on 1996 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seasonal Adjustment by : European Central Bank
Download or read book Seasonal Adjustment written by European Central Bank and published by . This book was released on 2003 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economics of Seasonality by : Eric Ghysels
Download or read book The Economics of Seasonality written by Eric Ghysels and published by . This book was released on 1984 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Time Series by : William R. Bell
Download or read book Economic Time Series written by William R. Bell and published by CRC Press. This book was released on 2018-11-14 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Time Series: Modeling and Seasonality is a focused resource on analysis of economic time series as pertains to modeling and seasonality, presenting cutting-edge research that would otherwise be scattered throughout diverse peer-reviewed journals. This compilation of 21 chapters showcases the cross-fertilization between the fields of time s
Book Synopsis Rational Seasonality by : Travis D. Nesmith
Download or read book Rational Seasonality written by Travis D. Nesmith and published by . This book was released on 2007 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rational Expectations and Economic Policy by : Stanley Fischer
Download or read book Rational Expectations and Economic Policy written by Stanley Fischer and published by University of Chicago Press. This book was released on 2008-04-15 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Several areas in economics today have unprecedented significance and vitality. Most people would agree that stabilization policy ranks with the highest of these. Continuing inflation and periodic serious acceleration of inflation combined with high and secularly rising unemployment combine to give the area high priority. This book brings us up to date on an extremely lively discussion involving the role of expectations, and more particularly rational expectations, in the conduct of stabilization policy. . . . Anyone interested in the role of government in economics should read this important book."—C. Glyn Williams, The Wall Street Review of Books "This is a most timely and valuable contribution. . . . The contributors and commentators are highly distinguished and the editor has usefully collated comments and the ensuing discussion. Unusually for a conference proceedings the book is well indexed and it is also replete with numerous and up-to-date references. . . . This is the first serious book to examine the rational expectations thesis in any depth, and it will prove invaluable to anyone involved with macroeconomic policy generally and with monetary economics in particular."—G. K. Shaw, The Economic Journal
Book Synopsis Essays on Seasonality in Economics by : Fabio Canova
Download or read book Essays on Seasonality in Economics written by Fabio Canova and published by . This book was released on 1988 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seasonal Adjustment as a Practical Problem by : F. A. G. den Butter
Download or read book Seasonal Adjustment as a Practical Problem written by F. A. G. den Butter and published by North Holland. This book was released on 1991 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presented in this book is the theory and the practice of seasonal adjustment of economic series from the viewpoint of economic policy design. The book offers the economist and practical statistician the opportunity to acquire new and important analytical insights as well as practical tools. Moreover, it discusses the historical development of the practice of seasonal adjustment as applied for policy analysis with Persons in the early twenties, via Zaycoff and Mendershausen in the thirties, through present day modelling with the aid of Kalman filters. Each method treated is empirically illustrated while a comparative analysis is made to assess the appropriateness of the various methods.
Book Synopsis The Defining Moment by : Michael D. Bordo
Download or read book The Defining Moment written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2007-12-01 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contemporary American political discourse, issues related to the scope, authority, and the cost of the federal government are perennially at the center of discussion. Any historical analysis of this topic points directly to the Great Depression, the "moment" to which most historians and economists connect the origins of the fiscal, monetary, and social policies that have characterized American government in the second half of the twentieth century. In the most comprehensive collection of essays available on these topics, The Defining Moment poses the question directly: to what extent, if any, was the Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four categories: fiscal and monetary policies, the economic expansion of government, the innovation and extension of social programs, and the changing international economy. The central focus across the chapters is the well-known alternations to national government during the 1930s. The Defining Moment attempts to evaluate the significance of the past half-century to the American economy, while not omitting reference to the 1930s. The essays consider whether New Deal-style legislation continues to operate today as originally envisioned, whether it altered government and the economy as substantially as did policies inaugurated during World War II, the 1950s, and the 1960s, and whether the legislation had important precedents before the Depression, specifically during World War I. Some chapters find that, surprisingly, in certain areas such as labor organization, the 1930s responses to the Depression contributed less to lasting change in the economy than a traditional view of the time would suggest. On the whole, however, these essays offer testimony to the Depression's legacy as a "defining moment." The large role of today's government and its methods of intervention—from the pursuit of a more active monetary policy to the maintenance and extension of a wide range of insurance for labor and business—derive from the crisis years of the 1930s.
Book Synopsis Should the fed smooth interest rates? the case of seasonal monetary policy by : N. Gregory Mankiw
Download or read book Should the fed smooth interest rates? the case of seasonal monetary policy written by N. Gregory Mankiw and published by . This book was released on 1990 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Seasonal Fluctuations and the Transactions Elasticity of the Aggregate Demand for Money by : Faig, Miquel
Download or read book Seasonal Fluctuations and the Transactions Elasticity of the Aggregate Demand for Money written by Faig, Miquel and published by . This book was released on 1987 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: