Results for *

Displaying results 1 to 4 of 4.

  1. Inflation and asset returns
    Published: 17 March 2023
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)
    Verlag (lizenzpflichtig)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18003
    Subjects: Inflationserwartung; Fisher-Effekt; Zinsstruktur; Kapitalmarktrendite; Finanzmarkt; Neoklassische Synthese; Inflationstheorie; inflation; risk premia; bond return predictability; stagflation; monetarypolicy
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  2. The ECB's new inflation target from a short- and long-term perspective
    Published: [2023]
    Publisher:  University of Antwerp, Faculty of Business and Economics, Antwerp

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 605
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10067/1956740151162165141
    Series: Array ; 2023, 006 (March 2023)
    Subjects: European Central Bank; inflation expectations; stagflation; policy mix
    Scope: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  3. Inflation surprises in a New Keynesian economy with a true consumption function
    Published: [2023]
    Publisher:  Università di Trento, Dipartimento di economia e management, [Trento]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 740
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: DEM working papers ; n. 2023, 01
    Subjects: Cost-push inflation; real income effect; stagflation; New Keynesian models for monetary policy
    Scope: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  4. The role of informality in moderating the impact of adverse macroeconomic shocks
    Published: July 2023
    Publisher:  CESifo, Munich, Germany

    This paper provides a simple demonstration of an empirical observation pointed out by the existing literature that the presence of informality in the production sector of an economy moderates the impact of economic shocks affecting it. We show that... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
    No inter-library loan

     

    This paper provides a simple demonstration of an empirical observation pointed out by the existing literature that the presence of informality in the production sector of an economy moderates the impact of economic shocks affecting it. We show that in the presence of informality, adverse demand shocks have a lower impact on aggregate output and adverse supply shocks have a lower impact on prices as well as output. Both would imply that countries without having substantial informal sector, largely more affluent nations, would be exposed more to higher prices following such shocks. This is consistent with contemporary evidence of stagflation in developed countries. Being the residual sector, the informal sector inevitably moves in the opposite direction to the formal sector during a bad shock episode, cushioning its aggregate effect. We then show that the argument goes through if the firms have to finance their working capital requirements by borrowing from the market.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279337
    Series: CESifo working papers ; 10586 (2023)
    Subjects: informal sector; macroeconomic shocks; stagflation
    Scope: 1 Online-Ressource (circa 13 Seiten), Illustrationen