Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/22003 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorWohltmann, Hans-Werneren
dc.contributor.authorWinkler, Roland C.en
dc.date.accessioned2009-01-29T14:13:21Z-
dc.date.available2009-01-29T14:13:21Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/22003-
dc.description.abstractThe paper analyzes the impacts of anticipated and unanticipated monetary policies on two large open economies that are dependent upon raw materials imports from a small third country. The analysis is based on asymmetric behavior on the supply side of both economies and an endogenous commodity pricing equation of Phillips' curve type. It is shown that an increase in the growth rate of domestic money supply is not neutral in the long run but induces contractionary output effects in both economies. The paper also discusses the impacts of monetary policy rules that either reduce the inflationary or contractionary output effects of commodity price shocks.en
dc.language.isoengen
dc.publisher|aKiel University, Department of Economics |cKielen
dc.relation.ispartofseries|aEconomics Working Paper |x2005-17en
dc.subject.jelE63en
dc.subject.jelF42en
dc.subject.jelQ43en
dc.subject.ddc330en
dc.subject.keywordMonetary Policyen
dc.subject.keywordOil Price Shocksen
dc.subject.keywordInternational Policy Coordinationen
dc.subject.stwGeldpolitiken
dc.subject.stwOffene Volkswirtschaften
dc.subject.stwZwei-Länder-Modellen
dc.subject.stwMineralölpreisschocken
dc.subject.stwInternationale wirtschaftspolitische Koordinationen
dc.subject.stwTheorieen
dc.subject.stwDynamisches Modellen
dc.subject.stwTheorieen
dc.titleMonetary Policy Dynamics in Large Oil-Dependent Economies-
dc.typeWorking Paperen
dc.identifier.ppn504653784en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cauewp:3834en

Datei(en):
Datei
Größe
797.54 kB





Publikationen in EconStor sind urheberrechtlich geschützt.