Time-varying risk aversion and unexpected inflation

Article Abstract:

Time-varying risk aversion in response to consumption growth and unexpected inflation is studied. The pricing implications for term structure of interest rates and cross-section of stock returns are explored. It is shown that induced time-variation in risk aversion is not proxy for inflation uncertainty.

Interest Rates, Venture Analysis, Risk assessment

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Optimal monetary policy in an economy with inflation persistence

Article Abstract:

A model study of optimal monetary policy where inflation is persistent is carried out. It was showed that extensions of model resulted in a cost-push supply shocks being added to the Philips curve.

Models, Monetary policy

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U.S. domestic money, inflation and output

Article Abstract:

Implications of money supply in United States on inflationary and output trends are analyzed.

Money Supply, Economic aspects, Production (Economics)

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