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Browsing ADEMU Working Papers Series by Subject "Inflation"

Browsing ADEMU Working Papers Series by Subject "Inflation"

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  • Hedlund, Aaron (2018-04)
    Can inflating away nominal mortgage liabilities effectively combat recessions? I address this question using a model of illiquid housing, endogenous credit supply, and equilibrium default. I show that, in an ordinary ...
  • Ellison, Martin; Scott, Andrew (2017-09)
    We construct a new monthly dataset for UK government debt over the period 1694 to 2017 based on price and quantity data for each individual bond issued. This enables us to examine long run fiscal sustainability using the ...
  • Thiele, Alexander (2017-12)
    The paper first takes a brief look at the economic and judicial justification for the independent status of central banks in general and will thereby also illustrate the different manifestations of independence that need ...

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