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The effectiveness of Ethiopia's monetary policy and implications : an examination of responses to key variables and implications

Nelson, Majid; Sennoga, Edward; Mpuga, Paul - 2024

Persistent link: https://www.econbiz.de/10015064603

Great recession, slow recovery and muted fiscal policies in the US

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recession and the subsequent recovery in the US. The Great Recession was mainly caused by a large demand shock and by the ZLB on the interest rate policy. In contrast with previous findings, the...

Persistent link: https://www.econbiz.de/10011434680

In search of the Euro area fiscal stance

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

the assumption of non-separability between public and private consumption, obtain a large public consumption multiplier, a … small fraction of non-Ricardian households and, consequently, a relatively small multiplier for public transfers. We provide …

Persistent link: https://www.econbiz.de/10011529025

Overborrowing and balance of payments imbalances in a monetary union

Sy, Mouhamadou Mounirou - 2015

Persistent link: https://www.econbiz.de/10011540537

Quantification of inflation expectations from business tendency survey data in Uganda

Egesa, Kenneth Alpha - 2016

Persistent link: https://www.econbiz.de/10011540953

Prudential policy with distorted beliefs

Dávila, Eduardo; Walther, Ansgar - 2021

This paper studies leverage regulation and monetary policy when equity investors and/or creditors have distorted beliefs relative to a planner. We characterize how the optimal leverage regulation responds to arbitrary changes in investors' and creditors' beliefs and relate our results to...