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This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that need to be considered when preparing a long term macroeconomic projection for a country involving the assumption of a significant increase in aid. Such scaling-up scenarios are...
Persistent link: https://www.econbiz.de/10014404188
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …
Persistent link: https://www.econbiz.de/10012667557
-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy …
Persistent link: https://www.econbiz.de/10012103638
Persistent link: https://www.econbiz.de/10011317778
The empirical effectiveness of economic policies that operate theoretically through similar channels differs substantially. We document this fact by comparing an easy-to-grasp expectations-based policy, unconventional fiscal policy, with a policy whose implications are harder to understand by...
Persistent link: https://www.econbiz.de/10012057290
general equilibrium (DSGE) model of the world economy, featuring a range of nominal and real rigidities, extensive … varying degrees depending on the structural characteristics of the economy. The framework is applied empirically to four small …
Persistent link: https://www.econbiz.de/10013170322
Persistent link: https://www.econbiz.de/10014306115
framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor …
Persistent link: https://www.econbiz.de/10014396485
Persistent link: https://www.econbiz.de/10003761412
Persistent link: https://www.econbiz.de/10013422903