نتایج جستجو برای: analysis of monetary policies
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Maintaining price stability requires not only commitment to an appropriate monetary policy rule, but an appropriate fiscal policy rule as well. Ricardian equivalence does not imply that fiscal policy is irrelevant, except in the case of a certain class of policies (“Ricardian” policies). The role of fiscal developments in inflation determination under a non-Ricardian regime is illustrated throu...
extended distribution of digicash has commercial, socio-economic as well as political effects. from the economic viewpoint, the most crucial effect of digicash use extension takes place on money supply, monetary policies and central bank. because digicash is capable of being replaced by bank notes and the coins, it is possible that digicash gradually takes the place of the central bank money an...
Despite the consensus on the importance of nominal rigidities, there is no general agreement among monetary economists regarding the most appropriate and consistent pricing model that must be used to assess the effects of monetary policies in the economy. Due to the lack of empirical evidence with relation to the pricing behavior of Iranian firms, there is no general agreement on how to introd...
achieving an acceptable level of price growth is one of the main objectives of economic policies. with consideration to the importance of food, information on food price response to monetary policies is important. to achieve the object, scholars recently emphasize the use of models in which a wide range of economic data are included. these models are created by inclusion of one or more factors ...
We study experiments of an overlapping generations model where inflation is determined by the monetary policy and by the amount of average saving within each period. We use a new experimental setup that allows us to observe more details of the process of expectation forming and separate this process from the actual saving process. In contrast to experimental findings by Lim, Prescott, Sunder; M...
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