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Journal Article
Lessons from West German monetary policy

Economic Review , Volume 74 , Issue Apr , Pages 18-35

Journal Article
Controlling money in an open economy: the German case

Review , Volume 53 , Issue Apr , Pages 10-27

Conference Paper
Solutions for developed economies (general discussion)

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
The U.S. trade deficit: a perspective from selected bilateral trade models

New England Economic Review , Issue May , Pages 19-31

Discussion Paper
Does the BCG Vaccine Protect Against Coronavirus? Applying an Economist’s Toolkit to a Medical Question

As COVID-19 has spread across the globe, there is an intense search for treatments and vaccines, with numerous trials running in multiple countries. Several observers and prominent news outlets have noticed that countries still administering an old vaccine against tuberculosis—the Bacillus Calmette-Guérin (BCG) vaccine—have had fewer coronavirus cases and fewer deaths per capita in the early stages of the outbreak. But is that correlation really strong evidence that the BCG vaccine provides some defense against COVID-19? In this post, we look at the incidence of coronavirus cases along ...
Liberty Street Economics , Paper 20200511

Journal Article
Wage rigidity in West Germany: a comparison with the U.S. experience

Quarterly Review , Volume 11 , Issue Aut , Pages 11-21

Journal Article
Explaining international differences in the cost of capital

Quarterly Review , Volume 14 , Issue Sum

Disciplined discretion: the German and Swiss monetary targeting frameworks in operation

Many observers have held up the records of price stability in Germany and in Switzerland as examples of the benefits of a monetary targeting regime. These claims have been juxtaposed in recent years with econometric analyses of Bundesbank policy which have shown an absence of dependable relationship between money growth, inflation, and policy movements. We offer an analysis of actual Bundesbank and Swiss National Bank monetary policy as it operated which explains this puzzling gap between performance and presumed policy. We confirm that neither country is a monetary targeter according to a ...
Research Paper , Paper 9707

Money markets and common monetary policy in France, Germany and Italy

Research Paper , Paper 9212



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Schmid, Frank A. 6 items

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