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Weakness in investment growth : causes, implications and policy responses
Kose, M. Ayhan; Ohnsorge, Franziska; Ye, Lei; Islamaj, Ergys - 2017
Persistent link: https://www.econbiz.de/10011748194
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Weakness in investment growth : causes, implications and policy responses
Kose, M. Ayhan; Ohnsorge, Franziska; Ye, Lei; Islamaj, Ergys - 2017
Investment growth in emerging market and developing economies has slowed sharply since 2010. This paper presents a comprehensive analysis of the causes and implications of this slowdown and presents a menu of policy responses to improve investment growth. It reports four main results. First, the...
Persistent link: https://www.econbiz.de/10011635504
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Monetary stimulus amid the infrastructure investment spree : evidence from China's loan-level data
Chen, Kaiji; Gao, Haoyu; Higgins, Patrick; Waggoner, … - 2020
We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit … (SOEs) over non-SOEs in credit access. Infrastructure investment driven by nonmonetary factors, however, enhanced the … monetary transmission to bank credit allocated to local government financing vehicles in infrastructure and at the same time …
Persistent link: https://www.econbiz.de/10012265180
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Macroeconomic policy advice and the Article IV consultations : a development perspective
Islam, Iyanatul; Ahmed, Ishraq; Roy, Rathin; Ramos, … - 2012
Persistent link: https://www.econbiz.de/10012209712
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Does the design of a fiscal rule matter for welfare?
London, Stuart; Smith, Constance E. - 2017
Persistent link: https://www.econbiz.de/10011590243
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Macroeconomic policy advice and the Article IV consultations : comparative overview of European Union member states
Weisbrot, Mark; Jorgensen, Helene - 2013
Persistent link: https://www.econbiz.de/10012209736
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Achieving two policy targets with one policy instrument: heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound
Lima, Gilberto Tadeu; Setterfield, Mark; Silveira, … - 2023
Persistent link: https://www.econbiz.de/10013548002
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Achieving two policy targets with one policy instrument : heterogeneous expectations, countercyclical fiscal policy, and macroeconomic stabilization at the effective lower bound
Lima, Gilberto Tadeu; Setterfield, Mark; Silveira, … - 2023
We explore the short-term macrodynamics of stabilization policy at the effective lower bound (ELB) of the nominal … well-specified policy rule is particularly effective for purposes of macroeconomic stabilization. This is because fiscal …
Persistent link: https://www.econbiz.de/10014327480
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Macroeconomic stimulus packages and income inequality in developing countries : lessons from the 2007-9 Great Recession for the Covid-19 crisis in South Africa
Habiyaremye, Alexis; Jacobs, Peter; Molewa, Olebogeng; … - 2021
Persistent link: https://www.econbiz.de/10012533154
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When is monetary policy all we need?
Eser, Fabian; Leith, Campbell B.; Wren-Lewis, Simon - 2009
Persistent link: https://www.econbiz.de/10003839033