An Assessment over Alternative Monetary Policy Strategies

Alternative Conditions to Time Inconsistency Equilibrium of an International Monetary Policy

Monetary policy rule is an approach to avoid time inconsistency problem as regarded by new classical economist to choose a time plan for policy making in order to maximize households’ well-being. The foundation of time inconsistency problem is not coincidence of expectations as an ex-ante variable, which is expected variable, with actual variable as an ex-post variable. Expectations in Finn K...

Economic Impact Assessment of Alternative Climate Policy Strategies

This paper investigates the world economic implications of climate change policy strategies, especially the evaluation of impacts by an implementation of Clean Development Mechanisms, Joint Implementation and Emissions trading with a world integrated assessment model. Of special interest in this context are the welfare spill over and competitiveness effects that result from diverse climate poli...

The Interaction between Reflective Thinking and Grade Dropping: An Alternative Assessment Policy

The present study aimed to investigate the interaction among grade dropping and reflective thinking abilities of the participants and to also check if action research enhances learners’ reflective thinking. A cyclic action research was run for 8 sessions. Kember et al.’s (2010) reflective thinking questionnaire and three in-term quizzes were administered. Students also made questions based on t...

alternative conditions to time inconsistency equilibrium of an international monetary policy

â  monetary policy rule is an approach to avoid time inconsistency problem as regarded by new classical economist to choose a time plan for policy making in order to maximize households’ well-being. the foundation of time inconsistency problem is not coincidence of expectations as an ex-ante variable, which is expected variable, with actual variable as an ex-post variable. expectations in fin...

Monetary Policy : An Institutionalist Approach