Capital Flows, Bazookas and Unconventional Monetary Policy
Author :
Publisher :
Page : pages
File Size : 48,94 MB
Release : 2015
Category :
ISBN : 9789036782944
Author :
Publisher :
Page : pages
File Size : 48,94 MB
Release : 2015
Category :
ISBN : 9789036782944
Author : Mr.Eugenio M Cerutti
Publisher : International Monetary Fund
Page : 36 pages
File Size : 34,45 MB
Release : 2019-01-16
Category : Business & Economics
ISBN : 1484395212
For about three decades until the Global Financial Crisis (GFC), Covered Interest Parity (CIP) appeared to hold quite closely—even as a broad macroeconomic relationship applying to daily or weekly data. Not only have CIP deviations significantly increased since the GFC, but potential macrofinancial drivers of the variation in CIP deviations have also become significant. The variation in CIP deviations seems to be associated with multiple factors, not only regulatory changes. Most of these do not display a uniform importance across currency pairs and time, and some are associated with possible temporary considerations (such as asynchronous monetary policy cycles).
Author : David E. Lindsey
Publisher : Springer
Page : 332 pages
File Size : 22,20 MB
Release : 2016-04-20
Category : Business & Economics
ISBN : 1137578599
In this narrative history, David E. Lindsey gives the reader a ringside seat to a century of policies at the US Federal Reserve. Alternating between broad historical strokes and deep dives into the significance of monetary issues and developments, Lindsey offers a fascinating look into monetary policymaking from the Fed's inception in 1913 to today. Lindsey's three decades of service on the Federal Reserve Board staff allow him to combine the heft of scholarship with an insider's perspective on how the recent chairmen's and current chairwoman's personalities and singular visions have shaped policy choices with far-reaching consequences. He critiques the performances of Chairman Ben Bernanke and Vice Chair Janet Yellen during the prelude, outbreak, and aftermath of the financial crisis of 2008, situating them in the context of the Fed's century-long history. He also quantitatively explores an alternative to the conventional New-Keynesian theory of inflation, replacing so-called "rational expectations" with the Fed's inflation objective. This unique volume is a piece of living history that has much to offer economists and monetary policy and finance professionals.
Author : Guillermo A. Calvo
Publisher : Mit Press
Page : 520 pages
File Size : 47,50 MB
Release : 2008
Category : Business & Economics
ISBN :
The essays taken on the issues that have fascinated Calvo most as an academic, a senior advisor at the International Monetary Fund and as the chief economist at the Inter-American Development Bank: monetary and exchange rate policy, financial crises, debt, taxation and reform, and transition and growth.
Author : Mao Tse-tung
Publisher : Courier Corporation
Page : 130 pages
File Size : 24,2 MB
Release : 2012-03-06
Category : History
ISBN : 0486119572
The first documented, systematic study of a truly revolutionary subject, this 1937 text remains the definitive guide to guerrilla warfare. It concisely explains unorthodox strategies that transform disadvantages into benefits.
Author : Jonathan Mallory House
Publisher : DIANE Publishing
Page : 235 pages
File Size : 37,42 MB
Release : 1985
Category : Armies
ISBN : 1428915834
Author : Liviu Voinea
Publisher : Springer Nature
Page : 216 pages
File Size : 33,49 MB
Release : 2020-12-09
Category : Business & Economics
ISBN : 3030550451
This book explains why inflation remains subdued after recessions, based on three revolutionary concepts: defensive expectations, compensatory savings, and cumulative wage gap. When income falls, consumption falls, and savings rise, as people rebuild their past wealth. Households will not spend more until they fully recover what they lost. The revised Phillips Curve explains that current inflation depends on the cumulative difference between current income and past income. This new theory is tested and validated by data for US since 1960 to date and for 35 OECD countries from 1990 to date. A number of policy implications are derived from these results. The book calls for an optimal policy mix between monetary policy and fiscal policy; it also discusses the coronavirus crisis as an extreme case of defensive expectations.
Author : Nicholas R. Lardy
Publisher : Peterson Institute
Page : 213 pages
File Size : 12,61 MB
Release : 2012
Category : China
ISBN : 088132647X
Author : Amory B. Lovins
Publisher :
Page : 520 pages
File Size : 38,14 MB
Release : 1982
Category : Political Science
ISBN :
Author : Michael E. Haas
Publisher : DIANE Publishing
Page : 388 pages
File Size : 35,29 MB
Release : 1998-05
Category :
ISBN : 9780788149832
Presenting a fascinating insider's view of U.S.A.F. special operations, this volume brings to life the critical contributions these forces have made to the exercise of air & space power. Focusing in particular on the period between the Korean War & the Indochina wars of 1950-1979, the accounts of numerous missions are profusely illustrated with photos & maps. Includes a discussion of AF operations in Europe during WWII, as well as profiles of Air Commandos who performed above & beyond the call of duty. Reflects on the need for financial & political support for restoration of the forces. Bibliography. Extensive photos & maps. Charts & tables.