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1. Time-varying Nairu and real interest rates in the Euro Area

   Author: Logeay, Camille; Tober, Silke

   Published: 2003

   Publisher:  Deutsches Institut für Wirtschaftsforschung (DIW), Berlin

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   Source:	Union catalogues
   Language:	English
   Media type:	Book
   Format:	Online
   Other identifier:	hdl: 10419/18087 urn: urn:nbn:de:101:1-201802154807
   RVK Categories:	QB 910
   Series:	DIW Discussion Papers ; 351
   Subjects:	Arbeitslosigkeit; Phillips-Kurve; Geldpolitik; Realzins; Schätzung; :z Geschichte 1980-1995
   Other subjects:	(stw)1980-1995; (stw)Natürliche Arbeitslosenquote; (stw)Phillips-Kurve; (stw)Geldpolitik; (stw)Realzins; (stw)Eurozone; (stw)Schätzung; (stw)EU-Staaten; jel:E32; jel:C32; jel:E52; Nairu; Monetary Policy; Kalman Filter; Phillips curve; Superneutrality; Natürliche Arbeitslosigkeit (STW); Phillips-Kurve (STW); Geldpolitik (STW); Realzins (STW); Europäische Wirtschafts- und Währungsunion (STW); Schätzung (STW); EU-Staaten (STW); Online-Publikation; Arbeitspapier; Arbeitspapier; Graue Literatur
   Scope:	Online-Ressource

2. Superneutrality of money under open market operations

   Author: Homburg, Stefan

   Published: 2015

   Publisher:  Leibniz Univ., [Wirtschaftswiss. Fak.], Hannover

   Monetary policy is superneutral in an overlapping generations model. Previous authors have argued that superneutrality does not hold in such a setting. However, the standard results rely on the counter-factual premise of helicopter money and are... more

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   Hannover: Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek

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   Kiel: ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

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   ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel

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   DS 8 (541)

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   Monetary policy is superneutral in an overlapping generations model. Previous authors have argued that superneutrality does not hold in such a setting. However, the standard results rely on the counter-factual premise of helicopter money and are overturned if money creation through open market operations is taken into account. This result suggests that a more realistic representation of monetary policy may generally be helpful.

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   Source:	Union catalogues
   Language:	English
   Media type:	Book
   Format:	Online
   Other identifier:	hdl: 10419/117719
   Edition:	This version: 15 January 2015
   Series:	Hannover economic papers ; 541
   Subjects:	Superneutrality; open market operations; seigniorage; monetary policy; overlapping generations
   Scope:	Online-Ressource (13 S., 110 KB), graph. Darst.