16.5 Μεγάλη Ομαλοποίηση και Συντονισμός Κεντρικών Τραπεζών

Βιβλιογραφία

Bernanke B.S. (2004) The Great Moderation, Remarks at the meetings of the Eastern Economic Association, Washington, DC.

Constancio V. (2014) The ECB and macro-prudential policy –from research to implementation, speech at the Third Conference of the Macro-Prudential Research Network, Frankfurt, 23 June.

Davis S.J., Kahn J.A. (2008) Interpreting the Great Moderation: Changes in the Volatility of Economic Activity at the Macro and Micro Levels, Journal of Economic Perspectives, American Economic Association, vol. 22(4), pages 155-80.

Groshen E., Potter S. (2003) Has Structural Change Contributed to a Jobless Recovery? Current Issues in Economics and Finance 9 (August), Federal Reserve Bank of New York.

Justiniano A., Primiceri G. (2006) The Time-Varying Volatility of Macroeconomic Fluctuations, NBER Working Paper No. 12022.

Obstfeld M., Rogoff K. (2002) Global Implications of Self-Oriented National Monetary Rules, The Quarterly Journal of Economics, Oxford University Press, vol. 117(2), pages 503-535.

Stock J.H. (2002) Has the Business Cycle Changed and Why? in Gertler M. and Rogoff K. (eds.), NBER Macroeconomics Annual, Cambridge, MA: MIT Press, 159-218.

Taylor J.B. (2013) International monetary coordination and the great deviation, Paper prepared for the Session on International Policy Coordination, American Economic Association Annual Meetings, San Diego, California, January.

 

Further Reading List

Coibion O., Gorodnichenko Y. (2011) Monetary Policy, Trend Imation and the Great Moderation: An Alternative Interpretation, American Economic Review 101, 341-370.

Lugauer S. (2012) Demographic Change and the Great Moderation in an Overlapping Generations Model with Matching Frictions, Macroeconomic Dynamics, 16 (5), 706-731.