Zobrazeno 1 - 7
of 7
pro vyhledávání: '"David D. VanHoose"'
Autor:
David D. VanHoose, Carl R. Gwin
Publikováno v:
The Manchester School. 80:263-278
This paper investigates the relationship between firm mark-ups and inflation. In sectors of the economy with industries characterized by flexible prices and sticky wages, mark-ups should respond positively to inflation. Industry mark-ups in sectors w
Autor:
John V. Duca, David D. VanHoose
Publikováno v:
Southern Economic Journal. 66:729-741
This paper shows how increased goods market competition affects the behavior of inflation in a multisector economy. By raising the price elasticity of demand, increased goods market competition theoretically lowers inflation and makes the aggregate p
Autor:
David D. VanHoose, Joseph P. Daniels
Publikováno v:
Journal of International Money and Finance. 14:275-287
Most nations have experienced ‘base drift’ of their money stocks and associated price-level non-trend-stationarities. Recent explanations for this fact have emphasized tensions among various possible objectives of central banks in closed-economy
Publikováno v:
The Quarterly Journal of Economics. 107:1451-1460
It is not uncommon for policy-makers, especially when they are trying to reduce inflation, to create incentives or restrictions that change individual decisions regarding nominal wage indexation. This raises a very interesting question for economists
Autor:
David D. VanHoose, Joseph P. Daniels
This paper considers a model of an open economy in which the degree of income-tax progressivity influences the interaction among openness, central bank independence, and the inflation rate. Our model suggests that an increase in the progressivity of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::eaef1acf9ee3f6306455d2be6dbf6389
http://www.busadm.mu.edu/mrq/workingpapers/wpaper0704.pdf
http://www.busadm.mu.edu/mrq/workingpapers/wpaper0704.pdf
Publikováno v:
Southern Economic Journal. 58:356
It is now well understood that discretionary policy-making frequently leads to socially sub-optimal outcomes. This point was first made by Kydland and Prescott [12] using an example of a monetary policy "game." They argued that, in the presence of ou
Autor:
David D. Vanhoose
Publikováno v:
Journal of Macroeconomics. 9:165-183
The purpose of this paper is to provide an evaluation of the implications of the adoption of a penalty rate discount window policy for bank behavior and for price and output stability. A basic model of the banking firm is used to show that adoption o