International Monetary Issues
نویسندگان
چکیده
منابع مشابه
International monetary equilibrium with default
We present an integrated framework for the study of the international financial economy with trade, fiat money, monetary and fiscal policy, endogenous default and regulation. Money is introduced via a cash-in-advance requirement and real trade is endogenous. The standard international finance pricing results obtain. Market incompleteness and positive default in equilibrium allow for the study o...
متن کاملInternational Issues ■
These are interesting times for graduate business schools. We have to cope with many short-term challenges: graduates have difficulties in landing jobs and demand more from the career management services, professors keep counting on higher salaries, fund raising has become more competitive while funds seem to be less available, and students are more demanding in terms of the content that we off...
متن کاملMonetary Policy Issues for the Eurosystem
The paper discusses the choice between ination targeting and monetary targeting as a strategy for the Eurosystem, the actual strategy that the Eurosystem has recently announced, the framework for policy decisions appropriate for achieving the Eurosystems goals, the role of exchange rate management in the EMU, and the Eurosystems accountability and transparency. The choice between ination ta...
متن کاملMonetary Policy Without Reserve Requirements: Analytical Issues
Reserve requirements have traditionally been viewed as a key instrument of monetary policy. Indeed, textbook discussions of monetary policy typically center on the role of reserve requirements in determining the size of the money multiplier and the magnitude of bank credit expansion. In recent years, however, there has been a significant decline in the use of reserve requirements in the United ...
متن کاملInternational Great Inflation and Common Monetary Policy∗
The Great Inflation of the 1970s was an international phenomenon. We study whether monetary authorities in the G7 countries were changing their responses to inflation in a similar manner during and following the Great Inflation era. Our results suggest that the common to the G7 countries inflation pattern during the Great Inflation period is associated with a common pattern in the monetary poli...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Canadian Journal of Economics and Political Science
سال: 1938
ISSN: 0315-4890
DOI: 10.2307/136763