On 19-20, April 2001 economists and researchers from the ECB and the FED discussed the interaction between monetary policy and exchange rates at a workshop that was jointly organized by Columbia University, the Technical University, Vienna, and the Oesterreichische Nationalbank. Its aim was to provi
Monetary policy, exchange rate dynamics and the labour market
โ Scribed by Elias Karakitsos
- Publisher
- Elsevier Science
- Year
- 1986
- Tongue
- English
- Weight
- 303 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0165-1889
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## Abstract The passโthrough of exchange rate changes into domestic inflation appears to have declined in many countries since the 1980s. We develop a theoretical model that attributes the change in the rate of passโthrough to increased emphasis on inflation stabilization by many central banks. Thi
## Abstract This paper aims at contributing to the understanding of how the ECB conducts monetary policy as seen from a money market perspective. More specifically it covers two different issues. First, it looks at the โlearning periodโ for banks since the Eurosystem started implementing the single
This paper examines the effects of both anticipated and unanticipated monetary disturbances in a small open economy by taking into consideration adjustments in the banks' portfolio of earning assets. It primarily focuses on the adjustment of credit market interest rates as well as on that of the exc
## Abstract One of the most important components of health care systems is human resources for health (HRH)โthe people that deliver the services. One key challenge facing policy makers is to ensure that health care systems have sufficient HRH capacity to deliver services that improve or maintain po
## Abstract I show how to implement in a simple manner the comparison of alternative monetary policy rules in a twoโcountry model of the new generation. These rules are: Full Price Stability, Taylor, Fixed and Managed Exchange Rates. I find, first, that the exchange rate dynamic is nonโstationary u