..., the literature has largely ignored “output performance” measurements under conditions of extremely low interest (“zero interest”). © Emerald Group Publishing Limited 2013 United States of America Monetary policy National economy Central banks Quantitative easing Variance decomposition Velocity...

... partners (fundamental equilibrium exchange rate approach using the unit labour costs). Findings The authors found evidence that the real exchange rate has been persistently overvalued since the early 1990s. The evolution of this situation, which is harmful for the national economy, does not evidence...

... Emerald Group Publishing Limited 2007 Germany National economy Monetary policy Modelling seasonality in macroeconomic time series is a matter that still remains controversial. Traditionally, seasonal fluctuations have been considered a nuisance that obscure the more important components...