Search Results - "Tavlas, George"

On the Controversy over the Origins of the Chicago Plan for 100% Reserves: Sorry, Frederick Soddy, it was Knight and (Most Probably) Simons by TAVLAS, GEORGE S.

“…The idea of 100% reserve requirements against demand deposits received a renewed impetus in recent years. In 1933, a group of University of Chicago economists,…”
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Retrospectives: On the Evolution of the Rules versus Discretion Debate in Monetary Policy by Dellas, Harris, Tavlas, George S.

“…Episodes of macroeconomic upheaval associated with monetary policy failure have provided the stage for important debates on rules versus discretion. We discuss…”
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Drivers and spillover effects of inflation: The United States, the euro area, and the United Kingdom by Hall, Stephen G., Tavlas, George S., Wang, Yongli

“…We investigate the drivers of the recent inflation in three currency areas: the United States, the euro area, and the United Kingdom. To do so, we use a VAR…”
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The intellectual origins of the monetarist counter-revolution reconsidered: how Clark Warburton influenced Milton Friedman’s monetary thinking by Tavlas, George S

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Quantifying spillovers among regions by Gefang, Deborah, Hall, Stephen G., Tavlas, George S., Wang, Yongli

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In Old Chicago: Simons, Friedman, and the Development of Monetary-Policy Rules by TAVLAS, GEORGE S.

“…This paper examines the different policy rules proposed by Henry Simons, who, beginning in the mid-1930s, advocated a price-level stabilization rule, and by…”
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Inflation forecasting with rolling windows: An appraisal by Hall, Stephen G., Tavlas, George S., Wang, Yongli, Gefang, Deborah

“…We examine the performance of rolling windows procedures in forecasting inflation. We implement rolling windows augmented Dickey–Fuller (ADF) tests and then…”
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Forecasting inflation: The use of dynamic factor analysis and nonlinear combinations by Hall, Stephen G., Tavlas, George S., Wang, Yongli

“…This paper considers the problem of forecasting inflation in the United States, the euro area, and the United Kingdom in the presence of possible structural…”
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How Friedman and Schwartz Became Monetarists by LOTHIAN, JAMES R., TAVLAS, GEORGE S.

“…During the early-1940s, both Milton Friedman and Anna Schwartz downplayed the role of money in the economy. By the mid-1950s, they had not only become what…”
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Forecasting in turbulent times by Giannellis, Nikolaos, Hall, Stephen G., Kouretas, Georgios P., Tavlas, George S.

“…Since the beginning of this century, the global economy has been hit by a series of unforeseen shocks, including the Global Financial Crisis, the euro area's…”
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Advances in forecasting: An introduction in light of the debate on inflation forecasting by Banerjee, Anindya, Hall, Stephen G., Kouretas, Georgios P., Tavlas, George S.

“…The sharp rise in inflation during the past few years has engendered comparisons with the great inflation of the 1970s and early 1980s. Like that earlier…”
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The Greek financial crisis: Growing imbalances and sovereign spreads by Gibson, Heather D., Hall, Stephen G., Tavlas, George S.

“…We discuss the origins of the Greek financial crisis as manifested in the growing fiscal and current-account deficits since euro-area entry in 2001. We then…”
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An evaluation of the inflation forecasting performance of the European Central Bank, the Federal Reserve, and the Bank of England by Argiri, Eleni, Hall, Stephen G., Momtsia, Angeliki, Papadopoulou, Daphne Marina, Skotida, Ifigeneia, Tavlas, George S., Wang, Yongli

“…We provide an overview of the formulation of the forecasts of the European Central Bank, the Federal Reserve, and the Bank of England. We also provide…”
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Nonlinear forecast combinations: An example using euro-area real GDP growth by Gibson, Heather D., Hall, Stephen G., Tavlas, George S.

“…The forecasting literature shows that when a number of different forecasters produce forecasts of the same variable it is almost always possible to produce a…”
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The effectiveness of the ECB's asset purchase programs of 2009 to 2012 by Gibson, Heather D., Hall, Stephen G., Tavlas, George S.

“…We examine the impact of the ECB's Securities Market Program (SMP) and the ECB's two Covered Bond Purchase Programs (CBPPs) on sovereign bond spreads and…”
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An investigation into feedback and spatial relationships between banks’ share prices and sovereign bond spreads during the euro crisis by Gibson, Heather D., Hall, Stephen G., Petroulas, Pavlos, Tavlas, George S.

“…We examine (1) spillover effects between euro-area sovereigns and banking systems within national jurisdictions and (2) cross-country spillovers among ten…”
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Self-fulfilling dynamics: The interactions of sovereign spreads, sovereign ratings and bank ratings during the euro financial crisis by Gibson, Heather D., Hall, Stephen G., Tavlas, George S.

“…•We investigate the existence of feedback loops during the euro-area crisis.•We examine interactions among sovereign spreads, sovereign ratings and bank…”
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Financial risks, monetary policy in the QE era, and regulation by Kouretas, Georgios P., Papadopoulos, Athanasios P., Tavlas, George S.

“…At the beginning of the present century, the literature on financial integration focused on the benefits of increased integration. In particular, the…”
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Ten years after the start of the euro crisis: lessons for financial markets and macroeconomic policies by Banerjee, Anindya, Kouretas, Georgios P, Papadopoulos, Athanasios P, Tavlas, George S

“…Abstract The papers in this Special Issue take stock of the functioning of the euro area during its crisis, which encompassed mainly the years 2009–15. They…”
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Cross-country spillovers of national financial markets and the effectiveness of ECB policies during the euro-area crisis by Gibson, Heather D, Hall, Stephen G, GeFang, Deborah, Petroulas, Pavlos, Tavlas, George S

“…Abstract We investigate spillover effects between sovereign ratings and sovereign spreads for five euro-area countries—Greece, Ireland, Italy, Portugal, and…”
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