Skip to content!

Topic Monetary Policy

clear
0 filter(s) selected
close
Go to page
remove add
534 results, from 471
  • Vierteljahrshefte zur Wirtschaftsforschung 2 / 2006

    Economic Forecasting and Monetary Policy

    The DIW is the largest and oldest economics institute in Germany and conducts research in many fields of economic analysis. In this contribution to the conference celebrating the 80th birthday of this important institution I feel stimulated to address a few analytical issues, raising questions rather than providing answers, and without necessarily limiting the reasoning to predefined frameworks. The ...

    2006| Lorenzo Bini Smaghi
  • Other refereed essays

    Consumption and Disposable Income in the EU Countries: The Role of Wealth Effects

    In: Empirica 33 (2006), 4, S. 245-254 | Hans-Eggert Reimers, Christian Dreger
  • Refereed essays Web of Science

    Modelling the Structural Break in Volatility

    Recent studies suggest that US and other developed economies have become considerably stabilized in terms of volatility since the mid-1980s (Stock and Watson, 2002). This study models the structural break in volatility using a dynamic factor model with two state variables: one capturing cyclical fluctuations and another reflecting volatility decline. The new model confirms a one-time volatility reduction ...

    In: Applied Economics Letters 13 (2006), 7, S. 417-422 | Konstantin A. Kholodilin, Vincent Wenxiong Yao
  • Diskussionspapiere 615 / 2006

    Sticky Information Phillips Curves: European Evidence

    We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the United Kingdom are updated about once a year, in Italy about once each six months.

    2006| Jörg Döpke, Jonas Dovern, Ulrich Fritsche, Jiri Slacalek
  • Diskussionspapiere 626 / 2006

    Political Instability and the August 1998 Ruble Crisis

    The main objective of this study is to highlight the importance of political instability, defined as frequent changes in and of government, in undermining the Russian exchange rate based stabilization program of the 1990s. The empirical evidence supports the significance of political instability along with economic fundamentals in determining Russian real effective exchange rate and exchange market ...

    2006| Tatiana Fic, Omar F. Saqib
  • Externe Monographien

    Long-Run Money Demand in the New EU Member States with Exchange Rate Effects

    Frankfurt am Main: ECB, 2006, 31 S.
    (Working Paper Series / European Central Bank ; 628)
    | Christian Dreger, Hans-Eggert Reimers, Barbara Roffia
  • Sonstige Publikationen des DIW / Monographien

    Analysis of Contemporary Budget Federalism Models Based on Economic and Social Effectiveness of Inter-Budgetary Relations: Theory, Experiences in OECD Countries, and Analysis for Russia

    2005| Ulrich Thießen
  • Externe Monographien

    European Inflation Expectations Dynamics

    Frankfurt (Main): Deutsche Bundesbank, 2005, 46 S.
    (Discussion Paper Series 1 : Economic Studies ; 37/2005)
    | Jörg Döpke, Jonas Dovern, Ulrich Fritsche, Jiri Slacalek
  • Refereed essays Web of Science

    Declining Output Volatility in Germany: Impulses, Propagation and the Role of Monetary Policy

    The decline in output volatility in Germany is analysed. A lower level of variance in an autoregressive model of output growth can be either due to a change in the structure of the economy (a change in the propagation mechanism) or a reduced error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of the growth process. This is in contrast ...

    In: Applied Economics 37 (2005), 21, S. 2445-2457 | Ulrich Fritsche, Vladimir Kuzin
  • Externe Monographien

    Targeting Relative Inflation Forecast as Monetary Policy Framework for Adopting the Euro

    Ann Arbor, Mich.: William Davidson Inst., 2005, 26 S.
    (William Davidson Institute Working Paper ; 754)
    | Lucjan T. Orlowski
534 results, from 471
keyboard_arrow_up