Economia
De acordo com este artigo de del Negro, Eggertsson, Ferrero e Kyiotaki, o impacto foi grande e evitou uma nova Grande Depressão:
This paper extends the model in Kiyotaki and Moore (2008) to include nominal
wage and price frictions and explicitly incorporates the zero bound on the short-term
nominal interest rate. We subject this model to a shock which arguably captures the
2008 US financial crisis. Within this framework we ask: Once interest rate cuts are
no longer feasible due to the zero bound, what are the effects of non-standard open
market operations in which the government exchanges liquid government liabilities
for illiquid private assets? We find that the effect of this non-standard monetary
policy can be large at zero nominal interest rates. We show model simulations in
which these policy interventions prevented a repeat of the Great Depression in 2008-
2009.
- Keynes, Hayek, Wicksell - Uma Nova Síntese
Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection Tyler Beck Goodspeed Print publication date: 2012 Print ISBN-13: 9780199846658 Published to Oxford Scholarship Online: September 2012 DOI: 10.1093/acprof:oso/9780199846658.001.0001...
- Dívida Pública - Mapa Interativo
Our interactive graphic above shows the IMF's latest forecasts (updated in October 2012) for government gross debt as a percentage of GDP through to 2017. It also allows you to input your own long-term assumptions to project the likely path of debt...
- A Dinâmica Da Dívida Pública
There are two things that matter in government-debt dynamics: the difference between real interest rates and GDP growth (r-g), and the primary budget balance as a % of GDP (ie, before interest payments). In any given period the debt stock grows by the...
- A Dinâmica Da Dívida Pública
Debt dynamics- The maths behind the madness-The Economist online GOVERNMENT debt dynamics, once an esoteric subject of interest only to macroeconomists, are suddenly in vogue... Veja aqui a mapa interativa da dívida pública There are two things that...
- Dinâmica Em Um Modelo Novo-keynesiano Quando A Taxa Nominal De Juros é Zero
Interessante este artigo aqui: "Recent research has found that the dynamics of the New Keynesian model are very di ferent when the nominal interest rate is zero. Improvements in technology and reductions in the labor tax rate lower economic activity and...
Economia
Qual o Impacto das Políticas Não-Convencionais do Fed?
De acordo com este artigo de del Negro, Eggertsson, Ferrero e Kyiotaki, o impacto foi grande e evitou uma nova Grande Depressão:
This paper extends the model in Kiyotaki and Moore (2008) to include nominal
wage and price frictions and explicitly incorporates the zero bound on the short-term
nominal interest rate. We subject this model to a shock which arguably captures the
2008 US financial crisis. Within this framework we ask: Once interest rate cuts are
no longer feasible due to the zero bound, what are the effects of non-standard open
market operations in which the government exchanges liquid government liabilities
for illiquid private assets? We find that the effect of this non-standard monetary
policy can be large at zero nominal interest rates. We show model simulations in
which these policy interventions prevented a repeat of the Great Depression in 2008-
2009.
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- Keynes, Hayek, Wicksell - Uma Nova Síntese
Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection Tyler Beck Goodspeed Print publication date: 2012 Print ISBN-13: 9780199846658 Published to Oxford Scholarship Online: September 2012 DOI: 10.1093/acprof:oso/9780199846658.001.0001...
- Dívida Pública - Mapa Interativo
Our interactive graphic above shows the IMF's latest forecasts (updated in October 2012) for government gross debt as a percentage of GDP through to 2017. It also allows you to input your own long-term assumptions to project the likely path of debt...
- A Dinâmica Da Dívida Pública
There are two things that matter in government-debt dynamics: the difference between real interest rates and GDP growth (r-g), and the primary budget balance as a % of GDP (ie, before interest payments). In any given period the debt stock grows by the...
- A Dinâmica Da Dívida Pública
Debt dynamics- The maths behind the madness-The Economist online GOVERNMENT debt dynamics, once an esoteric subject of interest only to macroeconomists, are suddenly in vogue... Veja aqui a mapa interativa da dívida pública There are two things that...
- Dinâmica Em Um Modelo Novo-keynesiano Quando A Taxa Nominal De Juros é Zero
Interessante este artigo aqui: "Recent research has found that the dynamics of the New Keynesian model are very di ferent when the nominal interest rate is zero. Improvements in technology and reductions in the labor tax rate lower economic activity and...