U S Monetary Policy And Econometric Modeling
DOWNLOAD
Download U S Monetary Policy And Econometric Modeling PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get U S Monetary Policy And Econometric Modeling book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
U S Monetary Policy And Econometric Modeling
DOWNLOAD
Author : Hali J. Edison
language : en
Publisher:
Release Date : 1998
U S Monetary Policy And Econometric Modeling written by Hali J. Edison and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Monetary policy categories.
Econometric Model Performance
DOWNLOAD
Author : Lawrence R. Klein
language : en
Publisher: University of Pennsylvania Press
Release Date : 2016-11-11
Econometric Model Performance written by Lawrence R. Klein and has been published by University of Pennsylvania Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-11 with Business & Economics categories.
Models of the American economy exist in government, research institutes, universities, and private corporations. Given the proliferation, it is wise to take stock because these models come from diverse sources and describe different conditions from alternative points of view. They could be saying different things about the economy. The high-level comparative studies in this volume, gathered from several issues of the International Economic Review, with a substantive introduction and the addition of more comparative material, evaluate the performance of eleven models of the American economy: the Wharton Mark Ill Model; Brookings Model; Hickman-Coen Annual Model; Liu-Hwa Monthly Model; Data Resources, Inc. (DRI) Model; Federal Reserve Bank of St. Louis Model; Michigan Quarterly Econometric (MOEM) Model; Wharton Annual and Industry Model; Anticipation Version of the Wharton Mark Ill Model/Fair Model; U.S. Department of Commerce (BEA) Model. Each of the proprietors or builders of these models describes his own system in his own words. These studies come closer than ever before to standardizing model operations for testing purposes. Some of the models are monthly, while others are annual. but the quarterly unit of time is the most frequent. Some are demand oriented, others are supply oriented, and focus on the input-output sectors of the economy. Some use only observed. objective data; others use subjective. anticipatory data. Both large and small models are included. In spite of the diversity, the contributors have cooperated to trace the differences between their models to root causes and to report jointly the results of their research. There are also some general papers that look at model performance from outside the CEME group.
Effects Of Monetary Policy On The United States Economy
DOWNLOAD
Author : Gordon Fisher
language : en
Publisher:
Release Date : 1972
Effects Of Monetary Policy On The United States Economy written by Gordon Fisher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
Explaining And Forecasting The Us Federal Funds Rate
DOWNLOAD
Author : M. Clements
language : en
Publisher: Springer
Release Date : 2003-12-10
Explaining And Forecasting The Us Federal Funds Rate written by M. Clements and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-12-10 with Political Science categories.
This book has been written as a practical guide for finance markets professionals to explain US monetary policy and to make forecasts of future interest rate levels. Aimed at market players, familiar with US policy instruments, Explaining and Forecasting the US Federal Funds Rates will provide a means of making independent interest rate forecasts as well as explaining current rate levels.
Current Issues In Monetary Policy In The United States And Japan
DOWNLOAD
Author : Elias C. Grivoyannis
language : en
Publisher: Praeger
Release Date : 1991-02-28
Current Issues In Monetary Policy In The United States And Japan written by Elias C. Grivoyannis and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-02-28 with Business & Economics categories.
This study investigates the econometric properties of the demand for money function as it affects monetary policy. Particular emphasis is placed throughout on the general properties of conventional and alternative demand for money specifications and on the predictability of that demand over time. The author tests proposed explanations for the recent abnormal behavior of U.S. money demand by using a new data set--the Japanese data base--for the first time, offering important new insights into the general properties of money demand functions.
American Monetary Policy Adjustment And Its Impacts
DOWNLOAD
Author : Liu Weiping
language : en
Publisher: Springer Nature
Release Date : 2024-01-16
American Monetary Policy Adjustment And Its Impacts written by Liu Weiping and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-16 with Business & Economics categories.
This book reviews the historical evolution of U.S. monetary policy, and then uses various methods such as mathematical models and econometric analysis to study the impact of U.S. monetary policy adjustments on the domestic economy and the spillover effects on the world economy. Finally, it summarizes the challenges faced by the Chinese economy in the post financial crisis era and proposes relevant countermeasures and suggestions for China to respond to U.S. monetary policy adjustments.
Comparative Performance Of U S Econometric Models
DOWNLOAD
Author : Lawrence Robert Klein
language : en
Publisher: Oxford University Press, USA
Release Date : 1991
Comparative Performance Of U S Econometric Models written by Lawrence Robert Klein and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.
Each year, a number of different economic groups in the USA use their own econometric models to forecast what will happen to the economy in the coming year. This volume consists of chapters by distinguished economists comparing the different models now being used.
Controlling The Growth Of Monetary Aggregates
DOWNLOAD
Author : Robert H. Rasche
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Controlling The Growth Of Monetary Aggregates written by Robert H. Rasche and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Karl Brunner Monetary affairs have preoccupied observers over the ages. In the middle of the 14th century, the chaos in the French currency system after many rounds of currency debasement attracted comments expressing helpless confusion. Goethe's Mephistopheles convinced the imperial court to inflate with paper money "for the benefit of the public" and to satisfy all the demands on the government's largesse. Our century is no exception. The massive technological improvement in creating money has contributed to hyperinflationary experiences never before recorded in history. These events occurred, however, in the political disarray following major wars. More important are the persistent pe ace time failures of our monetary institutions. A massive worldwide deflation, centered in the United States and Germany, imposed a tragic social and political fate on Western societies. Similarly, the sequence of a worldwide inflation followed by deflation observed over the past 15 years has fostered disruptive economic and political conditions. The monetary disarray experienced throughout history was crucially influenced by the prevailing monetary arrangements. These arrangements determine the level and movement of the nation's money stock over time. Under the circumstances, the political issue confronting us bears on the useful choice of monetary arrangements. This choice should involve institutions that prohibit both massive deflation and persistent inflation.
Central Banks And Financial Markets
DOWNLOAD
Author : Hasan Cömert
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013
Central Banks And Financial Markets written by Hasan Cömert and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Business & Economics categories.
ÔHasan CšmertÕs timely book reaches us during the prolonged conditions of the global great recession. By providing a thorough and detailed econometric analysis of the institutional and historical developments of the hegemonic leader of capitalism, Cšmert reveals that the simplistic monetary policy tools of the central banks of the so-called Òmodern great moderationÓ era are over, and we are now at cross-roads of a paradigmatic shift. CšmertÕs book suggests itself as one of the first leading examples of this shift.Õ Ð Erini Yeldan, Yasar University, Turkey ÔThis provocative book shows that the Federal Reserve has, in the last four decades, gradually lost influence over credit and financial markets. This argument, supported by institutional analysis and econometric tests, has two explosive implications: first, Federal Reserve policy did not cause the subprime crisis; second, central banks no longer have instruments for intervening in economies whose growth they are now expected to restore. Anyone concerned with the future of global capitalism should consider ComertÕs work as a matter of urgency.Õ Ð Gary Dymski, Leeds University Business School, UK and University of California, Riverside, US ÔPrior to the outbreak of the financial crisis in 2008, mainstream economists celebrated a ÒNew ConsensusÓ on monetary policy in which independent central banks were assumed able to bring about a ÒGreat ModerationÓ of low inflation and high economic growth by manipulating short-term interest rates. In this important and interesting book, Hasan Cšmert demonstrates convincingly, through institutional analysis and econometrics, that central banks lost control of the price and quantity of credit starting two decades before this celebration. He shows that central banks themselves, through their support of financial market deregulation and globalization, helped bring about both monetary policy impotence and the global crisis. ItÕs a must-read.Õ Ð James Crotty, University of Massachusetts, Amherst, US In the wake of the financial crisis of 2008, there has been increasing debate over the appropriate role of central banks in mitigating economic disaster. This timely volume combines detailed historical and econometric analyses to explore the profound changes that occurred within the US financial system from the 1980s to the present, and shows how these changes have affected the US economy. Hasan Cšmert demonstrates how dramatic shifts in the financial system undermined the ability of the US Federal Reserve to control the price and quantity of credit. He identifies several key factors that facilitated this loss of control, including deregulation, rapid financial innovations, increased financial integration and a number of policy decisions implemented within the Federal Reserve itself. Through a combination of several methods, including historical and institutional analyses, descriptive statistics, simulation and econometric techniques, the author provides a well-rounded and vitally important picture of the US financial system and offers insightful policy recommendations for the future. Students, professors and policymakers with an interest in economics, finance, banking and monetary policy will no doubt find this book a fascinating and invaluable resource.
Econometrics Macroeconomics And Economic Policy
DOWNLOAD
Author : Carl F. Christ
language : en
Publisher: Edward Elgar Publishing
Release Date : 1996
Econometrics Macroeconomics And Economic Policy written by Carl F. Christ and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.
This title presents 18 papers by Carl Christ focusing on econometric models, their evaluation and history, and the interactions between monetary and fiscal policy. Other areas addressed include monetary policy, monetary economics and the role of the economist in economic policy making.
