Artikel
Monetary Policy and Business Cycle Asymmetry in Germany
Geldpolitik und Konjunkturasymmetrie in Deutschland In diesem Beitrag untersuchen wir, ob die Auswirkungen der Geldpolitik auf die industrielle Produktion in Deutschland im Verlauf eines von Rezession gekennzeichneten Zeitraums stärker sind als während eines Konjunkturaufschwungs. Wendet man zur Trennung von Rezession und Expansion ein Markovsches Zwei- Stufen-Schaltmodell sowie drei verschiedene Politikindikatoren an, stößt man auf starke Beweise dafür, daß asymmetrische Auswirkungen der Geldpolitik auf den Konjunkturzyklus vorhanden sind. Unsere Erkenntnisse beinhalten, daß bei den üblichen linearen Vorgehensweisen, wie zum Beispiel VAR-Modellen, wichtige zeitvariable Aspekte des Geldtransmissionsmechanismus außer acht gelassen werden
- Sprache
-
Englisch
- Erschienen in
-
Journal: Kredit und Kapital ; ISSN: 0023-4591 ; Volume: 33 ; Year: 2000 ; Issue: 2 ; Pages: 182-197
- Klassifikation
-
Wirtschaft
Business Fluctuations; Cycles
Monetary Policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kakes, Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Duncker & Humblot
- (wo)
-
Berlin
- (wann)
-
2000
- DOI
-
doi:10.3790/ccm.33.2.182
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Kakes, Jan
- Duncker & Humblot
Entstanden
- 2000
Ähnliche Objekte (12)
Asymmetry reversals and the business cycle
Essays on business cycle models, forecasting and monetary policy
Monetary policy and business cycle fluctuations of the Lebanese economy
European business cycle policy
Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy
Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy
Monetary policy over the life cycle
Monetary policy and the trade cycle
New Keynesian perspectives on monetary policy and the business cycle in closed economies and monetary unions
Dynamics and monetary policy in a fair wage model of the business cycle
Dynamics and monetary policy in a fair wage model of the business cycle
Ifo survey data in business cycle and monetary policy analysis : with 62 tables
Asymmetry reversals and the business cycle
Essays on business cycle models, forecasting and monetary policy
Monetary policy and business cycle fluctuations of the Lebanese economy
European business cycle policy
Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy
Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy
Monetary policy over the life cycle
Monetary policy and the trade cycle
New Keynesian perspectives on monetary policy and the business cycle in closed economies and monetary unions
Dynamics and monetary policy in a fair wage model of the business cycle
Dynamics and monetary policy in a fair wage model of the business cycle
Ifo survey data in business cycle and monetary policy analysis : with 62 tables
Asymmetry reversals and the business cycle
Essays on business cycle models, forecasting and monetary policy
Monetary policy and business cycle fluctuations of the Lebanese economy
European business cycle policy
Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy
Quadratic labor adjustment costs, business cycle dynamics and optimal monetary policy
Monetary policy over the life cycle
Monetary policy and the trade cycle
New Keynesian perspectives on monetary policy and the business cycle in closed economies and monetary unions
Dynamics and monetary policy in a fair wage model of the business cycle
Dynamics and monetary policy in a fair wage model of the business cycle