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Ecuador : an economic and social agenda in the new millennium

Fretes Cibils, Vicente; Giugale, Marcelo M.; … - 2003

Persistent link: https://www.econbiz.de/10001764283

Colombia : the economic foundation of peace

Giugale, Marcelo M. (contributor); … - 2003

Persistent link: https://www.econbiz.de/10001707665

Sharing the burden: monetary and fiscal responses to a world liquidity trap

Cook, David; Devereux, Michael B. - Federal Reserve Bank of Dallas - 2011

With integrated trade and financial markets, a collapse in aggregate demand in a large country can cause "natural real interest rates" to fall below zero in all countries, giving rise to a global "liquidity trap." This paper explores the optimal policy response to this type of shock, when...

Persistent link: https://www.econbiz.de/10009292929

Fiscal deficits, debt, and monetary policy in a liquidity trap

Devereux, Michael B. - Federal Reserve Bank of Dallas - 2010

. This paper explores the role of government debt and deficits in an economy constrained by the zero bound on nominal …

Persistent link: https://www.econbiz.de/10008475891

Achievements and challenges of fiscal decentralization : lessons from Mexico

Giugale, Marcelo M. (contributor); … - 2000 - 1. print

Persistent link: https://www.econbiz.de/10001481189

Vehicle currency

Devereux, Michael B.; Shi, Shouyong - Federal Reserve Bank of Dallas - 2008

existence, the size of the vehicle currency economy, and the monetary policy followed by the vehicle currency's government. We …

Persistent link: https://www.econbiz.de/10005367962

Country portfolios in open economy macro models

Devereux, Michael B.; Sutherland, Alan - Federal Reserve Bank of Dallas - 2008

open economy macro models. The method is widely applicable, simple to implement, and gives analytical solutions for … simple two-asset endowment economy model, and then show how the results extend to the case of any number of assets and …

Persistent link: https://www.econbiz.de/10005498676