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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
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
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 provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The book presents both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses...
Persistent link: https://www.econbiz.de/10012034964
Persistent link: https://www.econbiz.de/10010523277