Jordan (2007): The Swiss National Bank's Monetary Policy Concept: An Example of a "Principles-Based" Policy Framework, Economic Study No. 3, Swiss National Bank.Baltensperger, E., P. M. Hildebrand, and T. J. Jordan (2007): "The Swiss National Banks monetary policy concept- an example...
We will enhance the national technology transfer system, move faster to plan and build a number of proof-of-concept and pilot-scale testing platforms, refine the policies for the initial application of newly-developed equipment, materials, and software, and increase government procurement of independe...
through the issuance of money and the power to tax, respectively. They back each other up: monetary policy can avoid the government’s technical default; the power to tax ultimately backs the value of money. They operate through intertwined balance sheets – those of...
The recent COVID-19 pandemic provided the first widespread bear market since the trading of cryptocurrencies began. In this article we examine the safe haven benefits of cryptocurrencies during the COVID-19 bear market, from the perspective of international equity index investors. The concept of an...
Here also I ponder the current use of Ramsey optimality in monetary economics.doi:10.2139/ssrn.985331Pedro Garcia DuarteSsrn Electronic Journalb. Visiting Frank P. Ramsey: The Public Finance Concept of Optimal Monetary Policy. Working paper available at http://ssrn.com/abstract=985331....
In the American economy, the concept of private property embraces not only the ownership of productive resources but also certain rights, including the right to determine the price of a product or to make a free contract with___[参考译文]在美国经济中,私有财产的概念不仅包含对生产资源的所有权,...
There has been considerable controversy in the United Kingdom about the most appropriate method of conducting monetary policy. This controversy has focused on the concept of the monetary base and its present and potential usefulness as a... DH Howard - 《Journal of Monetary Economics》 被引量: ...
1) The concept of ___ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today. A) present value B) future value C) interest D) deflation Answer: A Ques Status: Previous Edition AACSB: Application of Knowledge©2022 ...
The objective of this analysis is to investigate the impact of monetary policy events implemented during the COVID-19 pandemic on banking sector stocks. We examine two key research questions surrounding financial markets and the COVID-19 pandemic. Firstly, did the announcement of major monetary supp...
David Hume is often credited for having developed the idea of monetary neutrality—i.e., the idea that money affects nominal prices but not real prices. In its strictest sense, the concept of money neutrality excludes the identification of any distributive effects caused by monetary policy. Money...