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The Macroeconomic Challenges of Scaling Up Aid to Africa
Yang, Yongzheng - 2005
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
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Inflation dynamics and monetary policy transmission in Vietnam and emerging Asia
Bhattacharya, Rina - 2013
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
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Regional trade policy uncertainty
Poilly, Céline; Tripier, Fabien - 2023
Persistent link: https://www.econbiz.de/10014391579
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Jump-starting the euro area recovery : would a rise in core fiscal spending help the periphery?
Blanchard, Olivier; Erceg, Christopher J.; Lindé, Jesper - 2015
Persistent link: https://www.econbiz.de/10011332924
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A medium-scale DSGE model for the integrated policy framework
Adrian, Tobias; Gaspar, Vítor; Vitek, Francis - 2022
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
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Macroeconomic and financial policies for climate change mitigation : a review of the literature
Krogstrup, Signe; Oman, William - 2019
-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
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Time inconsistency and free-riding in a monetary union
Chari, Varadarajan V.; Kehoe, Patrick J. - 2002
"We analyze the setting of monetary and nonmonetary policies in monetary unions. We show that in these unions a time inconsistency problem in monetary policy leads to a novel type of free-rider problem in the setting of nonmonetary policies, such as labor market policy, fiscal policy, and bank...
Persistent link: https://www.econbiz.de/10001720602
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What ends recessions?
Romer, Christina - 1994
Persistent link: https://www.econbiz.de/10000890575
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Monetary-fiscal policy interactions and fiscal stimulus
Davig, Troy; Leeper, Eric M. - 2009
Persistent link: https://www.econbiz.de/10003861074
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Monetary science, fiscal alchemy
Leeper, Eric M. - 2010
"Monetary policy decisions tend to be based on systematic analysis of alternative policy choices and their associated macroeconomic impacts: this is science. Fiscal policy choices, in contrast, spring from unsystematic speculation, grounded more in politics than economics: this is alchemy. In...
Persistent link: https://www.econbiz.de/10008702131