Titlebook: Quantitative Economic Policy; Essays in Honour of Reinhard Neck,Christian Richter,Peter Mooslechner Book 2008 Springer-Verlag Berlin Heide

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On the Transmission Mechanism of Monetary Policythe nominal money stock or the short-term nominal interest rate impact on real variables such as aggregate output and employment. Specific channels of monetary transmission operate through the effects that monetary policy has on interest rates, exchange rates, equity and real estate prices, bank len

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Preamble

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Monetary Policy in a Small Open Economy with High Unemploymentries have high structural unemployment rates. One question that has not been addressed in the monetary policy literature is the implications of inflation-targeting in the context where the unemployment rate is in the double-digit range.. The consensus view in macroeconomics within which many inflati

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Domestic and International Determinants of the Bank of England’s Liquidity Ratios during the Classicm, it is clear that the ratio of gold to notes was constantly monitored, leading to apprehension when it was falling rapidly and/or approaching the legal minimum and to a relaxed attitude when it was increasing.

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