Money as a Global Phenomenon
An Empirical Analysis of Global Excess Liquidity and its Impact on the Global Economy, National Economies and Central Banks, Quantitative Ökonomie 167, Quantitative Ökonomie, Bd. 167
Erschienen am
15.09.2011, Auflage: 1/2011
Bibliografische Daten
ISBN/EAN: 9783844100761
Sprache: Englisch
Umfang: 308 S., 4 farbige Illustr.
Format (T/L/B): 2 x 21 x 14.8 cm
Einband: kartoniertes Buch
Beschreibung
Inhaltsangabe1. Introduction 2. Theoretical Aspects 2.1 International Monetary Spillover Effects 2.2 Asymmetric Central Bank Behavior and Inflation Bias 3. Literature Review of Empirical Studies 4. Hypotheses for Empirical Examination 5. Data and Variables 6. A Global Money Factor 6.1 Factor Analysis 6.2 Granger Causality Tests 6.3 Structural Breaks 7. International Transmission in Structural Models 7.1 Open Economy VARs 7.2 A Global SFAVAR 7.3 Inflation Bias of Monetary Policy 8. Summary of Empirical Results 9. Policy Implications 10. Conclusions
Autorenportrait
Andreas Rees is the Chief German Economist at UniCredit in Munich. He works in the macro research department, focusing on a wide range of business-cycle and economic-policy related topics. Previously, he analyzed bond and FX markets and developed quantitative models for forecasting purposes at HypoVereinsbank. The author holds a Master's degree in economics from the University of Trier.