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US–Euro Area Monetary Policy Interdependence: New Evidence from Taylor Rule-based VECMs
monetary policy interdependence European Central Bank the Federal Reserve vector error correction model
2011/8/21
(1227) Ansgar Belke and Yuhua Cui This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve (Fed) for the period 1999–2006. Two models are...
Measuring the Time Inconsistency of US Monetary Policy
alternative explanation inflation monetary policy asymmetric preferences implicit target
2011/8/21
This paper offers an alternative explanation for the great inflation of the 1970s by measuring a novel source of monetary policy time inconsistency. In the presence of asymmetric preferences, the mone...
Will the US Economy Recover in 2010? A Minimal Spanning Tree Study
US economic sectors macroeconomic cycle financial crisis
2010/10/21
Based on the temporal distributions of clustered segments in the time series of the ten Dow Jones US (DJUS) economic sector indices, we calculated their cross correlations over the period February 20...
World Bank Approves Additional Grant of US$180 Million for the Southern African Power Market Project
Additional Grant US$180 Million the Southern African Power Market
2009/7/6
The World Bank’s Board of Executive Directors yesterday approved an additional Grant in the amount of US$180.62 million for the Democratic Republic of the Congo (DRC) component of the Southern African...
Influenza A(H1N1): World Bank to ‘Fast-Track’ US $ 500 Million to Help Countries Better Prepare for Pandemic Flu
H1N1 World Bank US $ 500 Million Countries Pandemic Flu
2009/6/16
The World Bank today approved ‘fast-track’ status for US $500 million dollars to help countries finance emergency operations to prevent and control outbreaks of Influenza A(H1N1).The Bank’s decision t...
DOES THE STOCK MARKET AFFECT INCOME DISTRIBUTION? SOME EMPIRICAL EVIDENCE FOR THE US
common trends model economic growth stock market income distribution
2014/6/26
What is the relation between the stock market and income distribution? There are many potential links between the two, some of which associated with the relations of each of these with the rate of eco...