Testing Money Neutrality and Expectations Rationality for Canada

Testing Money Neutrality and Expectations Rationality for Canada PDF Author: Seungjin Han
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 150

Book Description


A Test of the Short-run Neutrality of Money Under the Rational Expectations Hypothesis

A Test of the Short-run Neutrality of Money Under the Rational Expectations Hypothesis PDF Author: Khalid H. A. Al-Qudair
Publisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 314

Book Description


Consistent Tests of the Rational Expectations-monetary Neutrality Hypothesis

Consistent Tests of the Rational Expectations-monetary Neutrality Hypothesis PDF Author: Bharat Trehan
Publisher:
ISBN:
Category : Money supply
Languages : en
Pages : 106

Book Description


Inflation Expectations

Inflation Expectations PDF Author: Peter J. N. Sinclair
Publisher: Routledge
ISBN: 1135179778
Category : Business & Economics
Languages : en
Pages : 402

Book Description
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.

A Rational Expectations Approach to Macroeconometrics

A Rational Expectations Approach to Macroeconometrics PDF Author: Frederic S. Mishkin
Publisher: University of Chicago Press
ISBN: 0226531929
Category : Business & Economics
Languages : en
Pages : 184

Book Description
A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.

Money, History, and International Finance

Money, History, and International Finance PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066894
Category : Business & Economics
Languages : en
Pages : 288

Book Description
This volume provides a critical evaluation of Anna J. Schwartz's work and probes various facets of the immense contribution of her scholarship—How well has it stood the test of time? What critiques have been leveled against it? How has monetary research developed over the years, and how has her influence been manifested? Bordo has collected five conference papers presented by leading monetary scholars, discussants' comments, and closing remarks by Milton Friedman and Karl Brunner. Each of these insightful surveys extends Schwartz's work and makes its own contribution to the fields of monetary history, theory, and policy. The volume also contains a foreword by Martin Feldstein and a selected bibliography of publications by Anna Schwartz.

NBER Macroeconomics Annual 2003

NBER Macroeconomics Annual 2003 PDF Author: Mark Gertler
Publisher: Mit Press
ISBN: 9780262072533
Category : Business & Economics
Languages : en
Pages : 432

Book Description
The NBER Macroeconomics Annual presents pioneering work in macroeconomics by leading academic researchers to an audience of public policymakers and the academic community. Each commissioned paper is followed by comments and discussion. This year's edition provides a mix of cutting-edge research and policy analysis on such topics as productivity and information technology, the increase in wealth inequality, behavioral economics, and inflation.

General Equilibrium

General Equilibrium PDF Author: W. D. A. Bryant
Publisher: World Scientific
ISBN: 9812818340
Category : Business & Economics
Languages : en
Pages : 492

Book Description
"This book focuses on the foundations of general equilibrium theory, more specifically on the existence, uniqueness, stability, optimality and comparative static properties of equilibrium states. It also explores the question of the empirical relevance of equilibrium states. It highlights a series of 'relationship conditions' which are essential for the existence of equilibrium, but appear in optimality results." -- PUBLISHER WEBSITE.

Journal of Quantitative Economics

Journal of Quantitative Economics PDF Author:
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 448

Book Description


Macroeconomics

Macroeconomics PDF Author: Wendy Carlin
Publisher: Oxford University Press, USA
ISBN: 0199655790
Category : Business & Economics
Languages : en
Pages : 679

Book Description
Carlin and Soskice integrate the financial system with a model of the macro-economy. In doing this, they take account of the gaps in the mainstream model exposed by the financial crisis and the Eurozone crisis. This equips the reader with a realistic modelling framework to analyse the economy both in crisis times and in periods of stability.