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Financial globalization has made monetary policy formulation in emerging market economies increasingly complicated. This timely set of studies looks at the turmoil in global financial markets, which coupled with volatile inflation poses serious challenges for central banks in these countries....
Persistent link: https://www.econbiz.de/10011851216
Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...
Persistent link: https://www.econbiz.de/10011851797
consumption? Estimates of wealth effects from Italian households' behavior -- Demographic changes, reforms to the social security …
Persistent link: https://www.econbiz.de/10011851839
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the European Central Bank and the Stability and Growth Pact. Macroeconomic policy is often hotly...
Persistent link: https://www.econbiz.de/10014474007
The theme of this extensive book is the relationship between consumption and growth in the context of the long run … original framework for the analysis of consumption patterns as an element of growth in advanced market economies. The book … examines the role of demand with respect to the theory of structural change and the theory of consumption at both the micro and …
Persistent link: https://www.econbiz.de/10014474127
increasing government consumption and transfer payments on GDP. These results shed light on the contribution of fiscal policy to …
Persistent link: https://www.econbiz.de/10010522058
Ghana has experienced an extended period of robust growth since the early 2000s, supported by a favorable external environment and large investment inflows, particularly in the extractive industries. In 2011, as the start of oil production drove a surge in per capita income, Ghana graduated from...
Persistent link: https://www.econbiz.de/10012247460
This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality...
Persistent link: https://www.econbiz.de/10012426953
Persistent link: https://www.econbiz.de/10010523277
Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been associated with the study of money, financial markets and...
Persistent link: https://www.econbiz.de/10011850557