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Monopolistic Competition and the Dependent Economy Model

Restout, Romain - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2008

account deficits and investment rises. Fourth, the strength of the relative price appreciation following sector productivity …

Persistent link: https://www.econbiz.de/10005094007

Monopolistic Competition and the Dependent Economy Model

Restout, Romain - Groupe d'Analyse et de Théorie Économique Lyon … - 2008

account deficits and investment rises. Fourth, the strength of the relative price appreciation following sector productivity …

Persistent link: https://www.econbiz.de/10005086298

The Balassa-Samuelson model in general equilibrium with markup variations

Restout, Romain - EconomiX, Université Paris Ouest-Nanterre la Défense … - 2009

-neutral and provides a strong magnification mechanism for shocks to productivity. The empirical evidence of these predictions are …

Persistent link: https://www.econbiz.de/10008460525

Monopolistic Competition and the Dependent Economy Model

Restout, Romain - 2011

account deficits and investment rises. Fourth, the strength of the relative price appreciation following sector productivity …

Persistent link: https://www.econbiz.de/10012714288

Are government spending shocks inflationary at the zero lower bound? New evidence from daily data

Choi, Sangyup; Shin, Junhyeok; Yoo, Seung Yong - 2022

Are government spending shocks inflationary at the zero lower bound (ZLB)? Despite the importance of the inflation … Keynesian models, which predict a larger fiscal multiplier following fiscal expansion at the ZLB - driven by rising inflation …

Persistent link: https://www.econbiz.de/10013295574

Economics of Intellectual Capital (5) : Monetary Injection as Anti-Stagflation Measures Free from Inflation

Ziesemann, Cyndia - 2023

. This suggestion indicates a potential in the IKM funding as a monetary injection for anti-stagflation free from inflation …

Persistent link: https://www.econbiz.de/10014354264

Postponing Global Adjustment: An Analysis of the Pending Adjustment of Global Imbalances

Truman, Edwin M. - Peter G. Peterson Institute for International Economics … - 2005

Halving the US current account deficit as a share of GDP is likely to impose a burden of $2,350 per capita on the United States, which explains why US policymakers want to postpone adjustment. The rest of the world relies on the economic stimulus of a widening US external deficit, which explains...

Persistent link: https://www.econbiz.de/10005585595

Fiscal Policy and Macroeconomic Imbalances

Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014

The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...

Persistent link: https://www.econbiz.de/10011277938

The Progressive Value Added Tax (Fiscal Policy) as a Tool of Inflation Targeting : Is a Higher Inflation Target Plausible?

Altamirano, Julio - 2017

power of income index and the Fisher Equation allows up to a 15% inflation target without the costs of inflation? It is a … most of the costs of inflation including the relative price distortion through the price tag (by disclosing the nominal … of inflation targeting that can combat the Global Financial Crisis. The impetus for its adoption across the developed …

Persistent link: https://www.econbiz.de/10012968860

A Diagnostic on the Greek Fiscal Crisis

Quah, Chee-Heong - 2011

This paper explores primarily the level of international competitiveness of Greece and the degree of fit between the conditions prescribed by the optimal currency areas (OCA) theory with the actual situation in Greece. Given that Greece now shares the same currency with Germany, the de facto...

Persistent link: https://www.econbiz.de/10013119087