Resultados da pesquisa - "Monetarism"

Business cycles and equilibrium / Por Black, Fischer

Sumário: “...Banking and interest rates in a world without money; active and passive monetary policy in a neoclassical model; rational economic behaviour and the balance of payments; uniqueness of the price level in monetary growth models with rational expectations; purchasing power parity in an equilibrium model; ups and downs in human capital and business; how passive monetary policy might work; what a non-monetarist thinks; global monetarism in a world of national currencies; the ABCs of business cycles; a gold standard with double feedback and near zero reserves; the trouble with econometric models; general equilibrium and business cycles; noise....”

Interest rates, the markets, and the new financial world Por Kaufman, Henry

Sumário: “...Part 2 Financial markets: financial markets yesterday and today - interest-rate differences, the institutional credit structure, volatility and monetarism, the budget deficit; dangers in the rapid growth of debt - rapid debt growth, danger signals, forces that encourage credit expansion, policy proposals; the integrity of credit - credit without a guardian, the proper role of financial institutions, the role of government; a disregard for capital - manifestations of the desregard for capital, social claims, defenders of capital; ferment in financial institutions - regulation deregulation, financial innovation, financial institutions are unique, managing risk; international financial problems - laissez faire, official intervention, international cooperation, fixed versus floating exchange rates; banking in changing world credit markets - banking growth, growth of euromarkets, banking linkages and innovations, the freeing of markets; the equity market over the long term - growth of the equity market, the emerging global equity market, the growth of proxy instruments, the expanding role of the institutional investor, a more demanding role for securities dealers, new challenges for investment decision makers; fallen financial dogmas and beliefs - high real interest rates encourage substantial increases in savings, high real interest rates discourage economic recovery, financial deregulation lowers the general level of interest rates, credit quality is constant in our financial system, the growth of debt is closely linked to growth in nominal gross national product, a nation's large trade deficit weakens its currency in foreign exchange markets, fiscal policy can be a flexible anticyclical tool and, combined with monetary, can prolong economic expansion and limit economic and financial excesses. ...”