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Economic Policy Options for a Prosperous Nigeria
Collier, Paul (ed.); Soludo, Chukwuma C. (ed.);  … - 2008
This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy …
Persistent link: https://www.econbiz.de/10012054168
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Wirtschaftliche Krisen bewältigen : Neue Erkenntnisse aus den jüngsten Krisen
Horn, Gustav A. - 2016 - 1. Aufl. 2016
-- Arbeitsmarktpolitik -- Ein abgestimmtes Konzept zur Krisenbekämpfung -- Folgen für die Wirtschaftspolitik. …. Im Ergebnis zeigt sich, wie wichtig die Geldpolitik ist, um Panik und Unsicherheit rasch bekämpfen zu können. Sie kommt … aber schnell an ihre Grenzen, wenn sie nicht von einer aktiven Fiskalpolitik und einer Arbeitsmarktpolitik flankiert wird …
Persistent link: https://www.econbiz.de/10014017736
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Investing in the Trump Era : How Economic Policies Impact Financial Markets
Sargen, Nicholas P. - 2018
range of macro policy issues that will impact the economy and markets in the years ahead. The primary goal of this book is …
Persistent link: https://www.econbiz.de/10012396773
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Macroeconomic Theory : Fluctuations, Inflation and Growth in Closed and Open Economies
Barbosa, Fernando de Holanda - 2018
Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price … increase of per-capita income. A market economy shows periods of expanding and contracting economic activity. This phenomenon … economy …
Persistent link: https://www.econbiz.de/10012396898
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Addressing household indebtedness : monetary, fiscal or macroprudential policy?
Alpanda, Sami; Zubairy, Sarah - 2014
In this paper, we build a dynamic stochastic general-equilibrium model with housing and household debt, and compare the effectiveness of monetary policy, housing-related fiscal policy, and macroprudential regulations in reducing household indebtedness. The model features long-term fixed-rate...
Persistent link: https://www.econbiz.de/10010457935
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Fiscal and monetary stabilization policy at the zero lower bound : consequences of limited foresight
Woodford, Michael; Xie, Yinxi - 2021 - Last updated: October 18, 2021
This paper reconsiders the degree to which macroeconomic stabilization is possible when the zero lower bound is a relevant constraint on the effectiveness of conventional monetary policy, under an assumption of bounded rationality. In particular, we reconsider the potential role of...
Persistent link: https://www.econbiz.de/10012650211
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Uncertain fiscal consolidations
Bi, Huixin; Leeper, Eric M.; Leith, Campbell B. - 2013
The paper explores the macroeconomic consequences of fiscal consolidations whose timing and composition - either tax- or spending-based - are uncertain. We find that the composition of the fiscal consolidation, its duration, the monetary policy stance, the level of government debt, and...
Persistent link: https://www.econbiz.de/10009781108
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(Optimal) monetary policy with and without debt
Chafwehé, Boris; Oikonomou, Rigas; Priftis, Romanos; … - 2021 - Last updated: January 26, 2021
We propose a framework of optimal monetary policy where debt sustainability may, or may not, be a relevant constraint for the central bank. We show analytically that in each environment the optimal interest rate path consists of a Taylor rule augmented with forward guidance terms. These terms...
Persistent link: https://www.econbiz.de/10012420260
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The macroeconomic implications of coholding
Boutros, Michael; Mijakovic, Andrej - 2024 - Last updated: May 15, 2024
In the United States, 30% of households are coholders who simultaneously borrow on credit cards and hold liquid assets. This generates a rich distribution of gross wealth positions that underpins the distribution of net wealth often used to calibrate macroeconomic models. We show that, beyond...
Persistent link: https://www.econbiz.de/10014562895
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What people believe about monetary finance and what we can('t) do about it : evidence from a large-scale, multi-country survey experiment
Hommes, Cars H.; Pinter, Julien; Salle, Isabelle - 2023 - Last updated: July 14, 2023
We conduct an experiment within a large-scale household survey on public finance in France, the Netherlands and Italy. We elicit prior beliefs via open-ended questions and introduce a measure of macroeconomic policy literacy. An educational blog post from a central bank (CB) that opposes...
Persistent link: https://www.econbiz.de/10014293355