Matches in SemOpenAlex for { <https://semopenalex.org/work/W2044802703> ?p ?o ?g. }
Showing items 1 to 82 of
82
with 100 items per page.
- W2044802703 endingPage "374" @default.
- W2044802703 startingPage "348" @default.
- W2044802703 abstract "Abstract. Empirical evidence indicates that, in countries with low inflation rates, a permanent decrease in inflation rate either has no impact on capital stock and output (superneutrality) or causes them to fall moderately. Existing budget arithmetic models of monetary policy cannot deliver superneutrality. In this paper, we conduct a budget arithmetic analysis of monetary policy using a money demand specification – money in the utility function – that is new to this literature. We find that one simple assumption about utility from money delivers superneutrality, while a more general assumption delivers departures from superneutrality in the direction consistent with the evidence. JEL classification: E60, E13 Arithmétique de la politique monétaire: arrimage de la théorie avec les faits. Les résultats empiriques montrent que, dans les pays à faible taux d’inflation, une chute permanente du taux d’inflation soit n’a aucun impact sur le stock de capital et la production (superneutralité) soit entraîne une chute modérée dans l’un et l’autre. Les modèles arithmétiques des budgets existants de la politique monétaire ne peuvent pas engendrer la superneutralité. Dans ce mémoire, on fait une analyse arithmétique de la politique monétaire en utilisant une spécification de la demande de monnaie qui est inédite. Il appert qu’un simple postulat à propos de l’utilité de la monnaie engendre la superneutralité, alors qu’un postulat plus général engendre certains écarts par rapport à la superneutralité dans des directions qui sont compatibles avec les faits observés." @default.
- W2044802703 created "2016-06-24" @default.
- W2044802703 creator A5018559754 @default.
- W2044802703 creator A5053945034 @default.
- W2044802703 date "2006-02-01" @default.
- W2044802703 modified "2023-09-27" @default.
- W2044802703 title "Monetary policy arithmetic: reconciling theory with evidence" @default.
- W2044802703 cites W1560579268 @default.
- W2044802703 cites W1984015673 @default.
- W2044802703 cites W2005444198 @default.
- W2044802703 cites W2010504386 @default.
- W2044802703 cites W2016944773 @default.
- W2044802703 cites W2019622221 @default.
- W2044802703 cites W2021829505 @default.
- W2044802703 cites W2026876995 @default.
- W2044802703 cites W2035722845 @default.
- W2044802703 cites W2041576384 @default.
- W2044802703 cites W2047560619 @default.
- W2044802703 cites W2053587369 @default.
- W2044802703 cites W2060843527 @default.
- W2044802703 cites W2095209231 @default.
- W2044802703 cites W2098948689 @default.
- W2044802703 cites W2109162812 @default.
- W2044802703 cites W2124907241 @default.
- W2044802703 cites W2229279647 @default.
- W2044802703 cites W2274734476 @default.
- W2044802703 cites W3021805686 @default.
- W2044802703 cites W3121637488 @default.
- W2044802703 cites W3123720468 @default.
- W2044802703 cites W3125430462 @default.
- W2044802703 doi "https://doi.org/10.1111/j.0008-4085.2005.00350.x" @default.
- W2044802703 hasPublicationYear "2006" @default.
- W2044802703 type Work @default.
- W2044802703 sameAs 2044802703 @default.
- W2044802703 citedByCount "9" @default.
- W2044802703 countsByYear W20448027032012 @default.
- W2044802703 countsByYear W20448027032015 @default.
- W2044802703 countsByYear W20448027032016 @default.
- W2044802703 crossrefType "journal-article" @default.
- W2044802703 hasAuthorship W2044802703A5018559754 @default.
- W2044802703 hasAuthorship W2044802703A5053945034 @default.
- W2044802703 hasConcept C121332964 @default.
- W2044802703 hasConcept C138885662 @default.
- W2044802703 hasConcept C15708023 @default.
- W2044802703 hasConcept C162324750 @default.
- W2044802703 hasConcept C166957645 @default.
- W2044802703 hasConcept C200941418 @default.
- W2044802703 hasConcept C204036174 @default.
- W2044802703 hasConcept C205649164 @default.
- W2044802703 hasConcept C33332235 @default.
- W2044802703 hasConcept C549774020 @default.
- W2044802703 hasConceptScore W2044802703C121332964 @default.
- W2044802703 hasConceptScore W2044802703C138885662 @default.
- W2044802703 hasConceptScore W2044802703C15708023 @default.
- W2044802703 hasConceptScore W2044802703C162324750 @default.
- W2044802703 hasConceptScore W2044802703C166957645 @default.
- W2044802703 hasConceptScore W2044802703C200941418 @default.
- W2044802703 hasConceptScore W2044802703C204036174 @default.
- W2044802703 hasConceptScore W2044802703C205649164 @default.
- W2044802703 hasConceptScore W2044802703C33332235 @default.
- W2044802703 hasConceptScore W2044802703C549774020 @default.
- W2044802703 hasIssue "1" @default.
- W2044802703 hasLocation W20448027031 @default.
- W2044802703 hasOpenAccess W2044802703 @default.
- W2044802703 hasPrimaryLocation W20448027031 @default.
- W2044802703 hasRelatedWork W1496934704 @default.
- W2044802703 hasRelatedWork W1603661045 @default.
- W2044802703 hasRelatedWork W1923779332 @default.
- W2044802703 hasRelatedWork W1989377585 @default.
- W2044802703 hasRelatedWork W2009437432 @default.
- W2044802703 hasRelatedWork W2025082029 @default.
- W2044802703 hasRelatedWork W2054625495 @default.
- W2044802703 hasRelatedWork W2515346722 @default.
- W2044802703 hasRelatedWork W2899084033 @default.
- W2044802703 hasRelatedWork W2908167800 @default.
- W2044802703 hasVolume "39" @default.
- W2044802703 isParatext "false" @default.
- W2044802703 isRetracted "false" @default.
- W2044802703 magId "2044802703" @default.
- W2044802703 workType "article" @default.