Ergebnisse für *

Zeige Ergebnisse 1 bis 18 von 18.

  1. When does inflation hurt economic growth?
    different nonlinearities for different economies
    Erschienen: August 2000
    Verlag:  Claremont Graduate University, Claremont, CA

    We show that the effects of inflation on growth change substantially as the inflation rate rises. Moreover the nonlinearities are quite different for industrial economies than for developing countries. We find that the threshold at which inflation... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (2000,22)
    keine Fernleihe

     

    We show that the effects of inflation on growth change substantially as the inflation rate rises. Moreover the nonlinearities are quite different for industrial economies than for developing countries. We find that the threshold at which inflation first begins to seriously negatively affect growth is around 8% for industrial economies but 3% or less for developing countries. Marginal growth costs for developing countries then decline significantly above 50% inflation. Failure to account for nonlinearity biases downward the estimated effects of inflation on growth. Mixing industrial and developing economies together also produces unreliable results.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94561
    Schriftenreihe: Claremont Colleges working papers in economics ; 2000, 22
    Schlagworte: Inflation; Wirtschaftswachstum; Industrieländer; Entwicklungsländer
    Umfang: 1 Online-Ressource (circa 17 Seiten), Illustrationen
  2. German debt traded in London during World War II
    a British perspective on Hitler
    Erschienen: 1999
    Verlag:  Claremont Graduate University, Claremont, CA

    Two series of German bonds, issued in 1924 and 1930, traded on the London Stock Exchange throughout Hitler's 1933-1945 regime in Germany. We isolate both structural breaks and turning points in these bond series. Major turning points follow Hitler's... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (1999,19)
    keine Fernleihe

     

    Two series of German bonds, issued in 1924 and 1930, traded on the London Stock Exchange throughout Hitler's 1933-1945 regime in Germany. We isolate both structural breaks and turning points in these bond series. Major turning points follow Hitler's reintroduction of conscription in 1935, the outbreak of war in 1939 and the D-Day invasion of June 1944. The German bonds' sustained downtrend after 1935 suggests that bondholders recognized the negative implications of Hitler's program. Bond prices recover during the war, however, and appear to anticipate the overthrow of Hitler and the postwar settlement of foreign bondholders claims.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94672
    Schriftenreihe: Claremont Colleges working papers in economics ; [1999, 19]
    Umfang: 1 Online-Ressource (circa 23 Seiten)
  3. Turning points in the U.S. Civil War
    a British perspective
    Erschienen: [1999]
    Verlag:  Claremont Graduate University, Claremont, CA

    This paper examines the Confederate cotton bonds floated in Europe in March 1863 and traded on the London market. Over our March 27, 1863 to June 17, 1865 sample we isolate two, non-reversed, "turning points" that follow news of Confederate defeat at... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (1999,29)
    keine Fernleihe

     

    This paper examines the Confederate cotton bonds floated in Europe in March 1863 and traded on the London market. Over our March 27, 1863 to June 17, 1865 sample we isolate two, non-reversed, "turning points" that follow news of Confederate defeat at Gettysburg and Vicksburg in July 1863 and the fall of Atlanta in September 1864. Our analysis suggests that the turning points important to Southern interests differ from those identified for the Northern side by Willard, Guinnane and Rosen (1996). It seems that war news did not always have symmetric effects on North and South.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94673
    Schriftenreihe: Claremont Colleges working papers in economics ; [1999, 29]
    Schlagworte: Internationale Anleihe; Wandelanleihe; Großbritannien
    Umfang: 1 Online-Ressource (circa 30 Seiten)
  4. Interest-bearing currency and legal restrictions theory
    lessons from the Southern Confederacy
    Erschienen: [1999]
    Verlag:  Claremont Graduate University, Claremont, CA

    Instances of interest-bearing currency are relatively rare. The Southern Confederacy issued both interest and non-interest-bearing notes during the Civil War. The two types of notes apparently circulated alongside one another with the... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (1999,14)
    keine Fernleihe

     

    Instances of interest-bearing currency are relatively rare. The Southern Confederacy issued both interest and non-interest-bearing notes during the Civil War. The two types of notes apparently circulated alongside one another with the interest-bearing currency generally commanding the premium implied by legal restrictions theory. Government-imposed restrictions on banks prevented the non-interest-bearing notes from being driven out of circulation. The Southern experience appears to be consistent with the legal restrictions theory of money and suggests a potential role for interest-bearing currency as a circulating medium.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94603
    Schriftenreihe: Claremont Colleges working papers in economics ; [1999, 14]
    Schlagworte: Geldgeschichte; Währung; Zins; USA (Südstaaten)
    Umfang: 1 Online-Ressource (circa 14 Seiten)
  5. Inflation is always and everywhere a monetary phenomenon
    Richmond vs. Houston in 1864
    Erschienen: February, 2000
    Verlag:  Claremont Graduate University, Claremont, CA

    On April 1, 1864 the Confederate Currency Reform Act reduced the money supply in the Eastern Confederacy by one third. The delayed implementation of the reform west of the Mississippi provides a counterfactual view of what may have happened in the... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (1999,31)
    keine Fernleihe

     

    On April 1, 1864 the Confederate Currency Reform Act reduced the money supply in the Eastern Confederacy by one third. The delayed implementation of the reform west of the Mississippi provides a counterfactual view of what may have happened in the east had the reform not been enacted. This episode is a natural experiment illustrating the relative importance for prices of war news vs. the quantity of money in circulation. Our analysis of the major eastern and western gold markets, Richmond and Houston, strongly suggests that money matters more than war news in the post-reform period.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94669
    Schriftenreihe: Claremont Colleges working papers in economics ; [1999, 31]
    Schlagworte: Inflation; Geldmenge; Geldgeschichte; USA; USA (Südstaaten)
    Umfang: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  6. Suppressing asset price inflation
    the confederate experience, 1861-1865
    Erschienen: 2000
    Verlag:  Claremont Graduate University, Claremont, CA

    Confederate Treasury notes were convertible into government bonds at par. This provided an imbedded option value for the currency. Confederate interest-rate policy encouraged, and ultimately coerced, holders of Treasury notes to exchange these notes... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (2000,29)
    keine Fernleihe

     

    Confederate Treasury notes were convertible into government bonds at par. This provided an imbedded option value for the currency. Confederate interest-rate policy encouraged, and ultimately coerced, holders of Treasury notes to exchange these notes for bonds by imposing deadlines on their convertibility. In this paper we identify a long-run equilibrium relationship between the gold value of the bonds and the gold value of Confederate currency. We also show that the three funding acts aimed at precipitating the conversion of currency into bonds were effective in temporarily dampening inflationary pressures.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94594
    Schriftenreihe: Claremont Colleges working papers in economics ; [2000, 29]
    Schlagworte: Inflation; Wertpapier; Geldpolitik; Geschichte; USA
    Umfang: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  7. Fraud and financial markets
    the 1997 collapse of the junior mining stocks
    Erschienen: [1999]
    Verlag:  Claremont Graduate University, Claremont, CA

    The Vancouver Composite Index fell by over 25% in less than six weeks during spring 1997 as the junior mining sector collapsed. We argue that this market collapse was triggered by the failure of Bre-X Minerals when that company s Indonesian claims,... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (1999,28)
    keine Fernleihe

     

    The Vancouver Composite Index fell by over 25% in less than six weeks during spring 1997 as the junior mining sector collapsed. We argue that this market collapse was triggered by the failure of Bre-X Minerals when that company s Indonesian claims, previously believed to contain the world s largest gold deposit, were shown to be pure fraud. Our event study, based on market returns for the Vancouver Composite Index and for a portfolio of 59 gold stocks, shows the effects of the Bre-X scandal to be both sizeable and significant. There is also some evidence that smaller exploration companies were hardest hit.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94646
    Schriftenreihe: Claremont Colleges working papers in economics ; [1999, 28]
    Schlagworte: Aktienindex; Goldbergbau; Wirtschaftskriminalität; Gold; Preis; Kanada
    Umfang: 1 Online-Ressource (circa 24 Seiten)
  8. Nonlinear effects of inflation on growth
    comment
    Erschienen: August 2000
    Verlag:  Claremont Graduate University, Claremont, CA

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (2000,23)
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94647
    Umfang: 1 Online-Ressource (circa 9 Seiten)
  9. Exporting hyperinflation
    the long arm of Chiang Kai-shek
    Erschienen: June 2001
    Verlag:  Claremont Graduate University, Claremont, CA

    As mainland China's inflationary spiral accelerated in 1947-1949 there was a massive outflow of funds to the island of Taiwan. The exporting of China's hyperinflation was facilitated by the fixed, overvalued, exchange rate between the mainland... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (2001,18)
    keine Fernleihe

     

    As mainland China's inflationary spiral accelerated in 1947-1949 there was a massive outflow of funds to the island of Taiwan. The exporting of China's hyperinflation was facilitated by the fixed, overvalued, exchange rate between the mainland Chinese currency and the Taiwanese currency that was adopted in August 1948. Empirical tests offer support for the importance of the 1948 monetary policy reform and suggest a substantial impact of capital inflows and excess money growth in mainland China on inflationary pressures in Taiwan. We find no independent role for Taiwanese money growth in the inflation process.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94620
    Schriftenreihe: Claremont Colleges working paper ; 2001, 18
    Schlagworte: Hyperinflation; Inflationskonvergenz; Geldpolitik; China; Taiwan
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  10. Ending inflation in the People's Republic of China
    from Chairman Mao to the 21st century
    Erschienen: 2000
    Verlag:  Claremont Graduate University, Claremont, CA

    In the post-1978 reform period the People s Republic of China experienced its most serious open inflationary problems since 1949-1950. This paper compares the 1949-1950 case to more recent Chinese attempts at inflation control and considers the role... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 65 (2000,8)
    keine Fernleihe

     

    In the post-1978 reform period the People s Republic of China experienced its most serious open inflationary problems since 1949-1950. This paper compares the 1949-1950 case to more recent Chinese attempts at inflation control and considers the role played by budget deficits, indexation and direct intervention in commodity markets. While inflationary problems subsided by the mid-1990s, continuing deficit-spending pressures and weaknesses in China s banking system still pose a very real danger. The financial reforms undertaken in the late 1990s include initiatives directed at the bad debts accumulated in China s banks by loss-making state enterprises.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/94624
    Schriftenreihe: Claremont Colleges working papers in economics ; [2000, 08]
    Umfang: 1 Online-Ressource (circa 24 Seiten)
  11. Armageddon and the stock market
    US, Canadian and Mexican market responses to the 1962 Cuban Missile Crisis
    Erschienen: [2022]
    Verlag:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, Canberra

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VSP 1716
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: CAMA working paper ; 2022, 32 (April 2022)
    Schlagworte: Cuban Missile Crisis; Stock markets; Canada; Mexico; United States
    Umfang: 1 Online-Ressource (circa 59 Seiten)
  12. Quantifying the impact of the November 2014 Shanghai-Hong Kong Stock Connect
    Erschienen: 2018
    Verlag:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, [Canberra]

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 662
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: CAMA working paper ; 2018, 9 (January 2018)
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  13. Quantifying the impact of the November 2014 Shanghai-Hong Kong Stock Connect
    Erschienen: January 2018
    Verlag:  LCERPA, [Waterloo, ON]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Volltext (kostenfrei)
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: LCERPA working paper ; no. 2018-4
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  14. Suppressing asset price inflation
    the Confederate experience, 1861 - 1865
    Erschienen: 2002
    Verlag:  NBER, Cambridge, Mass.

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (9230)
    uneingeschränkte Fernleihe, Kopie und Ausleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: NBER working paper series ; 9230
    Schlagworte: Inflation; Wertpapier; Geldpolitik; Geschichte; USA; Inflation (Finance)
    Umfang: 20, [13] S, graph. Darst
    Bemerkung(en):

    Internetausg.: papers.nber.org/papers/w9230.pdf - lizenzpflichtig

    Literaturverz. S. 18 - 20

  15. Irving Fisher and price-level targeting in Austria
    was silver the answer?

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (17123)
    uneingeschränkte Fernleihe, Kopie und Ausleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: NBER working paper series ; 17123
    Schlagworte: Preisniveau; Inflationssteuerung; Geldpolitik; Kaufkraft; Goldstandard; Geldgeschichte; Österreich
    Weitere Schlagworte: Fisher, Irving (1867-1947)
    Umfang: 27 S., graph. Darst.
    Bemerkung(en):

    Parallel als Online-Ausg. erschienen

  16. Enter the dragon
    interactions between Chinese, US and Asia-Pacific equity markets, 1995 - 2010
    Erschienen: 2011
    Verlag:  Hong Kong Inst. for Monetary Research, Hong Kong

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: HKIMR working paper ; 2011,23
    Schlagworte: Börsenkurs; Ansteckungseffekt; Kapitaleinkommen; Finanzkrise; USA; China; Asiatisch-pazifischer Raum
    Umfang: Online-Ressource (32 S., 2.49 Mb), graph. Darst.
  17. Enter the dragon
    interactions between Chinese, US and Asia-Pacific equity markets, 1995 - 2010
    Erschienen: 2011
    Verlag:  Centre for Applied Macroeconomic Analysis, the Australian National Univ., Canberra

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Keine Speicherung
    keine Fernleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: CAMA working paper series ; 2011,35
    Schlagworte: Börsenkurs; Ansteckungseffekt; Kapitaleinkommen; Finanzkrise; USA; China; Asiatisch-pazifischer Raum
    Umfang: Online-Ressource (35 S., 2.20 Mb), graph. Darst.
  18. Volatility in an era of reduced uncertainty
    lessons from pax Britannica
    Erschienen: 2005
    Verlag:  National Bureau of Economic Research, Cambridge, Mass.

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1 (11319)
    uneingeschränkte Fernleihe, Kopie und Ausleihe
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: NBER working paper series ; 11319
    Schlagworte: Volatilität; Finanzmarkt; Öffentliche Anleihe; Börsenkurs; Geschichte; Großbritannien; Economic history; Economic history; Economic history
    Umfang: 28 S, graph. Darst
    Bemerkung(en):

    Internetausg.: papers.nber.org/papers/w11319.pdf - lizenzpflichtig