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This book demonstrates that there is sufficient evidence on the Nigerian economy and society to inform many policy …
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"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
-- 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 …
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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
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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"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