Introduction

Marcel Wiedmann ()
Additional contact information
Marcel Wiedmann: McKinsey and Company

Chapter Chapter 1 in Money, Stock Prices and Central Banks, 2011, pp 1-7 from Springer

Abstract: Abstract Starting with the ‘Great Moderation’ in the mid-1980s, five phenomena have influenced and characterized economic conditions and financial markets, especially in developed markets: Low and constant inflation rates.1 Strong and persistent money growth and the unprecedented access companies, financial investment firms and ordinary people have to borrowing and foreign exchange.2 Massive increases in world trade, financial globalization and international capital flows.3 Large asset price swings and an increased number of financial crises.4 Reduced output volatility.5

Keywords: Gross Domestic Product; Stock Market; Monetary Policy; Central Bank; Asset Price (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-7908-2647-0_1

Ordering information: This item can be ordered from
http://www.springer.com/9783790826470

DOI: 10.1007/978-3-7908-2647-0_1

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().