Flattened inflation-output tradeoff and enhanced anti-inflation policy: outcome of globalization?
The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New-Keynesian framework. The main proposition of the paper is twofold. Labor, goods, and capital mobility flatten the tradeoff between inflation and activity. If policy makers are guided by...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2007
|
| Series: | Working paper series / National Bureau of Economic Research
13280 |
| Online Access: | Volltext |
| Summary: | The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New-Keynesian framework. The main proposition of the paper is twofold. Labor, goods, and capital mobility flatten the tradeoff between inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization forces also lead monetary policy to be more aggressive with regard to inflation fluctuations but, at the same time, more benign with respect to the output-gap fluctuations. |
| Item Description: | Literaturverz. S. 20 - 21 |
| Physical Description: | 26 S. 22 cm |
Staff View
MARC
| LEADER | 00000nam a2200000zcb4500 | ||
|---|---|---|---|
| 001 | BV023593183 | ||
| 003 | DE-604 | ||
| 005 | 20080327000000.0 | ||
| 007 | t | ||
| 008 | 070907s2007 xxu |||| 00||| eng d | ||
| 035 | |a (OCoLC)255735983 | ||
| 035 | |a (DE-599)GBV539520470 | ||
| 040 | |a DE-604 |b ger | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-521 | ||
| 050 | 0 | |a HB1 | |
| 100 | 1 | |a Razin, Asaf |d 1941- |e Verfasser |0 (DE-588)124527051 |4 aut | |
| 245 | 1 | 0 | |a Flattened inflation-output tradeoff and enhanced anti-inflation policy |b outcome of globalization? |c Assaf Razin ; Alon Binyamini |
| 264 | 1 | |a Cambridge, Mass. |b National Bureau of Economic Research |c 2007 | |
| 300 | |a 26 S. |c 22 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 13280 | |
| 500 | |a Literaturverz. S. 20 - 21 | ||
| 520 | 8 | |a The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New-Keynesian framework. The main proposition of the paper is twofold. Labor, goods, and capital mobility flatten the tradeoff between inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization forces also lead monetary policy to be more aggressive with regard to inflation fluctuations but, at the same time, more benign with respect to the output-gap fluctuations. | |
| 700 | 1 | |a Binyamini, Alon |e Verfasser |0 (DE-588)133564894 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
| 810 | 2 | |a National Bureau of Economic Research <Cambridge, Mass.> |t NBER working paper series |v 13280 |w (DE-604)BV002801238 |9 13280 | |
| 856 | 4 | 1 | |u http://papers.nber.org/papers/w13280.pdf |z kostenfrei |3 Volltext |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-016908513 | ||
Record in the Search Index
| _version_ | 1804138252476612608 |
|---|---|
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Razin, Asaf 1941- Binyamini, Alon |
| author_GND | (DE-588)124527051 (DE-588)133564894 |
| author_facet | Razin, Asaf 1941- Binyamini, Alon |
| author_role | aut aut |
| author_sort | Razin, Asaf 1941- |
| author_variant | a r ar a b ab |
| building | Verbundindex |
| bvnumber | BV023593183 |
| callnumber-first | H - Social Science |
| callnumber-label | HB1 |
| callnumber-raw | HB1 |
| callnumber-search | HB1 |
| callnumber-sort | HB 11 |
| callnumber-subject | HB - Economic Theory and Demography |
| ctrlnum | (OCoLC)255735983 (DE-599)GBV539520470 |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01832nam a2200349zcb4500</leader><controlfield tag="001">BV023593183</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20080327000000.0</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">070907s2007 xxu |||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)255735983</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBV539520470</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-521</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HB1</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Razin, Asaf</subfield><subfield code="d">1941-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)124527051</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Flattened inflation-output tradeoff and enhanced anti-inflation policy</subfield><subfield code="b">outcome of globalization?</subfield><subfield code="c">Assaf Razin ; Alon Binyamini</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge, Mass.</subfield><subfield code="b">National Bureau of Economic Research</subfield><subfield code="c">2007</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">26 S.</subfield><subfield code="c">22 cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">Working paper series / National Bureau of Economic Research</subfield><subfield code="v">13280</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Literaturverz. S. 20 - 21</subfield></datafield><datafield tag="520" ind1="8" ind2=" "><subfield code="a">The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New-Keynesian framework. The main proposition of the paper is twofold. Labor, goods, and capital mobility flatten the tradeoff between inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization forces also lead monetary policy to be more aggressive with regard to inflation fluctuations but, at the same time, more benign with respect to the output-gap fluctuations.</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Binyamini, Alon</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)133564894</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield></datafield><datafield tag="810" ind1="2" ind2=" "><subfield code="a">National Bureau of Economic Research <Cambridge, Mass.></subfield><subfield code="t">NBER working paper series</subfield><subfield code="v">13280</subfield><subfield code="w">(DE-604)BV002801238</subfield><subfield code="9">13280</subfield></datafield><datafield tag="856" ind1="4" ind2="1"><subfield code="u">http://papers.nber.org/papers/w13280.pdf</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-016908513</subfield></datafield></record></collection> |
| id | DE-604.BV023593183 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T22:41:31Z |
| indexdate | 2024-07-09T21:25:14Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016908513 |
| oclc_num | 255735983 |
| open_access_boolean | 1 |
| owner | DE-521 |
| owner_facet | DE-521 |
| physical | 26 S. 22 cm |
| publishDate | 2007 |
| publishDateSearch | 2007 |
| publishDateSort | 2007 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series2 | Working paper series / National Bureau of Economic Research |
| spelling | Razin, Asaf 1941- Verfasser (DE-588)124527051 aut Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? Assaf Razin ; Alon Binyamini Cambridge, Mass. National Bureau of Economic Research 2007 26 S. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 13280 Literaturverz. S. 20 - 21 The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New-Keynesian framework. The main proposition of the paper is twofold. Labor, goods, and capital mobility flatten the tradeoff between inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization forces also lead monetary policy to be more aggressive with regard to inflation fluctuations but, at the same time, more benign with respect to the output-gap fluctuations. Binyamini, Alon Verfasser (DE-588)133564894 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 13280 (DE-604)BV002801238 13280 http://papers.nber.org/papers/w13280.pdf kostenfrei Volltext |
| spellingShingle | Razin, Asaf 1941- Binyamini, Alon Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? |
| title | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? |
| title_auth | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? |
| title_exact_search | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? |
| title_exact_search_txtP | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? |
| title_full | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? Assaf Razin ; Alon Binyamini |
| title_fullStr | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? Assaf Razin ; Alon Binyamini |
| title_full_unstemmed | Flattened inflation-output tradeoff and enhanced anti-inflation policy outcome of globalization? Assaf Razin ; Alon Binyamini |
| title_short | Flattened inflation-output tradeoff and enhanced anti-inflation policy |
| title_sort | flattened inflation output tradeoff and enhanced anti inflation policy outcome of globalization |
| title_sub | outcome of globalization? |
| url | http://papers.nber.org/papers/w13280.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT razinasaf flattenedinflationoutputtradeoffandenhancedantiinflationpolicyoutcomeofglobalization AT binyaminialon flattenedinflationoutputtradeoffandenhancedantiinflationpolicyoutcomeofglobalization |