Directory UMM :Data Elmu:jurnal:I:International Review of Economics And Finance:Vol9.Issue1.Jan2000:
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In Lindh and Malmberg (1998) age structure induced changes in the saving rate trigger an inflationary process unless the loan rate of interest is accommodating the changing
Estimates of Breakpoint and Trends in GDP Velocity of M2 a (Bai-Perron Sequential Test under a Global Null Hypothesis) A) Intercept only varies. B) Intercept and coefficient
Constant V* is estimated as the mean of M2 over the period from 1960:1 to 1988:4; Estimate A allows for a one-time shift in the intercept; Estimate B allows for a time trend and
has effects not through the rate of interest (variations in real rates of interest until recently have been too small to account for much of the variability in investment or
Some analysts who have evaluated the performance of policy rules in terms of stabilizing output and inflation fluctuations have argued that an optimal policy rule would not exhibit
Two papers, by Orphanides, Porter, Reifschneider, Tetlow, and Finan and by Drew and Hunt take up the interaction between monetary policy rules such as the Taylor rule and
While Singapore and Hong Kong opened up their stock markets early and have guaranteed almost free capital flows in and out, Korea and Taiwan have historically put many restrictions
recognizing the eects of events and transactions like the granting of stock options in the income statement. The information conveyed by data dis- closed in ®nancial statement