Research " ESSAYS ON THE DESIGN OF MONETARY POLICY WITH INCOMPLETE INFORMATION " pdf

Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

... value of unity to those countries where we expected a large reaction to monetary policy shocks on the basis of this criterion. We then constructed an index of the expected effects of monetary policy ... triggered by the adoption of tight monetary policy in Germany to offset the aggregate demand effects of German Reunification. The figure indicates that...

Ngày tải lên: 24/10/2012, 09:40

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Research " Essays on the Equilibrium Valuation of IPOs and Bonds " pdf

Research " Essays on the Equilibrium Valuation of IPOs and Bonds " pdf

... innovation is the source of sustained economic growth and economic development (Schumpeter 1934, 1942), new enterprises represent the future of the economic system. Therefore, the risk associated with ... factor. And since 8 there is a negative sign in front of the coe¢cients, the smaller the size, the more severe the underperformance, other things being equal. The...

Ngày tải lên: 07/03/2014, 02:20

152 365 0
The Conduct of  Monetary Policy: Strategy and Tactics

The Conduct of Monetary Policy: Strategy and Tactics

... rights reserved. 16-3 Other Goals of Monetary Policy • Five other goals are continually mentioned by central bank officials when they discuss the objectives of monetary policy: – (1) high employment ... Chapter 16 The Conduct of Monetary Policy: Strategy and Tactics © 2013 Pearson Education, Inc. All rights reserved. 16-10 The Federal Reserve’s Monetary Policy S...

Ngày tải lên: 15/11/2013, 20:27

23 466 3
The Next Digital Decade - Essays on the Future of the Internet doc

The Next Digital Decade - Essays on the Future of the Internet doc

... )H! M)?6%(=6(0!=6++*&(M!)(*&(6P!XB!9)%*+!&(!91&.1!6?6%2!*).'*!:)?6%6&M(!:66-:!0)! .)(0%)*!016!'.0&?&0&6:!)H!(60&G6(:!A62)(+!&0:!A)%+6%:!?&)*'06:!016!0%>6!=6'(&(M!)H! :6*HZM)?6%('(.6!'(+!+6=).%'0&.!:)?6%6&M(02#Y!!@)1(:)(!K%6+&.0:!01'0!06.1()*)M2! THE NEXT DIGITAL DECADE ESSAYS ON THE...

Ngày tải lên: 14/03/2014, 21:20

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