المستودع الأكاديمي جامعة المدينة

The link of the monetary indicator to future inflation in the Euro Area - a simulation experiment

أعرض تسجيلة المادة بشكل مبسط

dc.creator Stolz, Stéphanie
dc.creator Gottschalk, Jan
dc.date 2001
dc.date.accessioned 2013-10-16T06:57:22Z
dc.date.available 2013-10-16T06:57:22Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17905
dc.identifier ppn:332494306
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17905
dc.description We examine the indicator property of the monetary indicator for inflation. Using a P*-model, Svensson shows theoretically in a recent paper that the relationship between these two variables is rather tenuous. The present study employs empirical evidence on the relations in his model to quantify its dynamics for the euro area. Moreover, we extend Svensson?s analysis by considering different shocks and monetary regimes. It becomes apparent that the system exhibits complicated dynamics and that for most shocks and policy regimes the monetary indicator is not a leading indicator of dangers to price stability in the medium term.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1057
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject E51
dc.subject E52
dc.subject ddc:330
dc.subject Monetary
dc.subject Targeting
dc.subject Inflation
dc.subject Targeting
dc.subject Euro Area
dc.subject Monetärer Indikator
dc.subject Inflation
dc.subject Prognoseverfahren
dc.subject Preisniveau
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Simulation
dc.subject Theorie
dc.subject EU-Staaten
dc.title The link of the monetary indicator to future inflation in the Euro Area - a simulation experiment
dc.type doc-type:workingPaper


الملفات في هذه المادة

الملفات الحجم الصيغة عرض

لا توجد أي ملفات مرتبطة بهذه المادة.

هذه المادة تبدو في المجموعات التالية:

أعرض تسجيلة المادة بشكل مبسط