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Displaying results 1 to 8 of 8.

  1. The simple arithmetic of carbon pricing and stranded assets
    Author: Ploeg, Frederick van der; Rezai, Armon
    Published: [2017]
    Publisher:  Department of Economics, OxCarre (Oxford Centre for the Analysis of Resource Rich Economies), Oxford

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: OxCarre research paper ; 197
    Subjects: social cost of carbon; climate ethics; prudence; carbon budget; peak warming; end of carbon era; stranded assets; simple rules; energy efficiency
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  2. Simple rules for climate policy and integrated assessment
    Author: Ploeg, Frederick van der; Rezai, Armon
    Published: [2018]
    Publisher:  Department of Economics, OxCarre (Oxford Centre for the Analysis of Resource Rich Economies), Oxford

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: OxCarre research paper ; 213
    Subjects: simple rules; climate policy; ethics; economics; geophysics; politics; discounting with declining discount rates; positive feedback; free riding
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  3. Simple rules for climate policy and integrated assessment
    Author: Ploeg, Frederick van der; Rezai, Armon
    Published: [2018]
    Publisher:  WU Vienna, Institute for Ecological Economics, Vienna

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 361
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    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: Revised July 2018
    Series: Working paper series / Institute for Ecological Economics, Vienna University of Economics and Business ; 19 (2018)
    Subjects: simple rules; climate policy; ethics, economics, geophysics politics; discounting with declining discount rates; positive feedback; freeriding
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  4. The simple arithmetic of carbon pricing and stranded assets
    Author: Ploeg, Frederick van der; Rezai, Armon
    Published: [2018]
    Publisher:  WU Vienna, Institute for Ecological Economics, Vienna

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 361
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
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    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: Revised September 2017
    Series: Working paper series / Institute for Ecological Economics, Vienna University of Economics and Business ; 22 (2018)
    Subjects: social cost of carbon; climate ethics; prudence; carbon budget; peak warming; end of carbon era; stranded assets; simple rules; energy efficiency
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  5. Enhancing resilience with natural growth targeting
    Author: Orphanides, Athanasios
    Published: 26 February 2024
    Publisher:  Centre for Economic Policy Research, London

    Despite a number of helpful changes, including the adoption of an inflation target, the Fed’s monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased policy appropriately during the pandemic, it fell behind the... more

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    Verlag (Deutschlandweit zugänglich)
    Verlag (Deutschlandweit zugänglich)

    Location:
    Universität Potsdam, Universitätsbibliothek
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    Despite a number of helpful changes, including the adoption of an inflation target, the Fed’s monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased policy appropriately during the pandemic, it fell behind the curve during the post-pandemic recovery. During 2021, the Fed kept easing policy while the inflation outlook was deteriorating and the economy was growing considerably faster than the economy’s natural growth rate—the sum of the Fed’s 2% inflation goal and the growth rate of potential output. The resilience of the Fed’s monetary policy strategy could be enhanced, and such errors be avoided with guidance from a simple natural growth targeting rule that prescribes that the federal funds rate during each quarter be raised (cut) when projected nominal income growth exceeds (falls short) of the economy’s natural growth rate. An illustration with real-time data and forecasts since the early 1990s shows that Fed policy has not persistently deviated from this simple rule with the notable exception of the period coinciding with the Fed’s post-pandemic policy error.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18862
    Subjects: Federal Reserve; monetary policy strategy; discretion; simple rules; real-time data
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  6. Has machine learning rendered simple rules obsolete?
    Author: Fernández-Villaverde, Jesús
    Published: January 6, 2021
    Publisher:  Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, Philadelphia, PA

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Rechte
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: PIER working paper ; 21, 008
    Subjects: Artificial intelligence; machine learning; economics; simple rules
    Scope: 1 Online-Ressource (circa 19 Seiten)
  7. Enhancing resilience with natural growth targeting
    Author: Orphanides, Athanasios
    Published: [2024]
    Publisher:  Institute for Monetary and Financial Stability, Goethe University Frankfurt, Frankfurt am Main

    Despite a number of helpful changes, including the adoption of an inflation target, the Fed's monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased policy appropriately during the pandemic, it fell behind the... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 464
    Inter-library loan:
    No inter-library loan

     

    Despite a number of helpful changes, including the adoption of an inflation target, the Fed's monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased policy appropriately during the pandemic, it fell behind the curve during the post-pandemic recovery. During 2021, the Fed kept easing policy while the inflation outlook was deteriorating and the economy was growing considerably faster than the economy's natural growth rate-the sum of the Fed's 2% inflation goal and the growth rate of potential output. The resilience of the Fed's monetary policy strategy could be enhanced, and such errors be avoided with guidance from a simple natural growth targeting rule that prescribes that the federal funds rate during each quarter be raised (cut) when projected nominal income growth exceeds (falls short) of the economy's natural growth rate. An illustration with real-time data and forecasts since the early 1990s shows that Fed policy has not persistently deviated from this simple rule with the notable exception of the period coinciding with the Fed's post-pandemic policy error.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/284378
    Series: Working paper series / Institute for Monetary and Financial Stability ; no. 200 (2024)
    Subjects: Federal Reserve; monetary policy strategy; discretion; simple rules; real-time data
    Scope: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  8. Enhancing resilience with natural growth targeting
    Author: Orphanides, Athanasios
    Published: 26 February 2024
    Publisher:  Centre for Economic Policy Research, London

    Despite a number of helpful changes, including the adoption of an inflation target, the Fed’s monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased policy appropriately during the pandemic, it fell behind the... more

    Access:
    Verlag (Deutschlandweit zugänglich)
    Verlag (Deutschlandweit zugänglich)

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
    Inter-library loan:
    No inter-library loan

    Location:
    Bibliotheks-und Informationssystem der Carl von Ossietzky Universität Oldenburg (BIS)
    Inter-library loan:
    No inter-library loan

    Location:
    Universität Potsdam, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

     

    Despite a number of helpful changes, including the adoption of an inflation target, the Fed’s monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased policy appropriately during the pandemic, it fell behind the curve during the post-pandemic recovery. During 2021, the Fed kept easing policy while the inflation outlook was deteriorating and the economy was growing considerably faster than the economy’s natural growth rate—the sum of the Fed’s 2% inflation goal and the growth rate of potential output. The resilience of the Fed’s monetary policy strategy could be enhanced, and such errors be avoided with guidance from a simple natural growth targeting rule that prescribes that the federal funds rate during each quarter be raised (cut) when projected nominal income growth exceeds (falls short) of the economy’s natural growth rate. An illustration with real-time data and forecasts since the early 1990s shows that Fed policy has not persistently deviated from this simple rule with the notable exception of the period coinciding with the Fed’s post-pandemic policy error.

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18862
    Subjects: Federal Reserve; monetary policy strategy; discretion; simple rules; real-time data
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen