Showing 1 - 10 of 198,653
Fortschritte bei der Armutsbekämpfung sind in Bolivien seit Beginn der Reformen eher bescheiden geblieben, wenn man die erzielten Stabilisierungs- und Wachstumserfolge als Referenz zugrunde legt; sie sind sogar enttäuschend, wenn man sie an den Zielen der Armutsreduzierungsstrategie misst. Die...
Persistent link: https://www.econbiz.de/10011451767
Persistent link: https://www.econbiz.de/10001741469
Gender bias, or "neutrality" in the underlying concepts, and tools of economics, has led to "invisibility" of women … address the absence of attention to gender in up-stream macroeconomic analysis, and policy formulation, which are at the core … considering gender as a distinguishing factor in the design of economic adjustment measures, whose analysis suggests that the …
Persistent link: https://www.econbiz.de/10012555115
This paper investigates how capital structure dynamics depend on “systematic” adjustment costs proxied by market imperfections and macroeconomic conditions in a cross-country setting. We document substantial variations in firms' capital structure adjustments across countries as well as over...
Persistent link: https://www.econbiz.de/10013083069
This paper assesses the effects of fiscal consolidations associated with public debt reduction on medium-term output growth during periods of private debt deleveraging. The analysis covers 107 countries and 79 episodes of public debt reduction driven by discretionary fiscal adjustments during...
Persistent link: https://www.econbiz.de/10013071366
This paper develops a model merging the monetary approach to the balance of payments and a neoclassical growth model into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined. The empirical part of the paper presents estimates of the key...
Persistent link: https://www.econbiz.de/10012781337
Policy conditionality has been a frequently used tool in the context of the Euro zone crisis management. By linking the disbursement of loan installments to specific policy requirements the macro-economic adjustment programmes used conditionality as leverage to promote structural reforms.How...
Persistent link: https://www.econbiz.de/10012979018
We show how time-dependent macroeconomic response follows from microeconomic dynamics using linear response theory and … a time-correlation formalism. This theory provides a straightforward approach to time-dependent macroeconomic model …
Persistent link: https://www.econbiz.de/10003833658
In this paper, we estimate the speed of adjustment for firm level data. We introduce an extrinsic limitation to the model to test the impact on rate of adjustment. We find that extrinsic limitations have a significant impact on speed of adjustment
Persistent link: https://www.econbiz.de/10012956587
in terms of demand management and exchange rate (or tariff) policy as well as supply management are analyzed. The theory …
Persistent link: https://www.econbiz.de/10013312525