Titlebook: Challenges to the World Economy; Festschrift for Hors Rüdiger Pethig,Michael Rauscher Book 2003 Springer-Verlag Berlin Heidelberg 2003 Deve

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Financial Cycles, Real Cycles and Monetary Policyeduced dispersion of private consumption as well as capital expenditures about their respective trends. In addition, the standard deviation of inflation was, over time, substantially compressed. Moreover, and possibly as a consequence, the duration of expansions was considerably extended (. and .).

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978-3-642-62408-7Springer-Verlag Berlin Heidelberg 2003

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Germany’s Economic Illssity. Professor Siebert is distinguished also by the breadth of his interest in the public policy issues in Europe in general and in Germany in particular. His comments on German policy are widely read and his position as a member of the German Council of Economic Advisers has given him an important voice in policy circles.

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