public indebtedness. Monetary policy is conducted within a framework that combines inflation targeting with exchange … un cadre associant le ciblage de l’inflation à un taux de change flexible. Une loi de responsabilité budgétaire, adoptée …

. High consumer price inflation and a wide current account deficit are sources of vulnerability. Even though below … unsustainable growth and externally viable but low growth. Monetary policy needs to bring inflation and inflation expectations …. Le niveau élevé de l’inflation des prix à la consommation et l’ampleur du déficit de la balance courante sont des points …

2011 and consumer price inflation rose to over 10%. The external deficit, which is far too large for comfort, is a source … of vulnerability. So is high inflation, even if it partly reflects transient factors. These imbalances signal … levers. Monetary policy has recently tried to reduce the volatility of capital flows but inflation has been high and volatile …

example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. -- Exchange rates ; Productivity …

example, can make the effect of a traded-goods productivity improvement on the real exchange rate negative or positive, as … on the relationship between productivity and the real exchange rate. …

productivity gaps, except in the United States where it essentially resulted from a large increase in the unemployment gap. As … more weight on alternative indicators of inflation pressure such as wage settlements, trends in unit labour costs and a … wide range of indicators of inflation expectations. The recent fall in margins observed in some countries may, for instance …

This paper assesses the OECD’s projections for GDP growth and inflation during the global financial crisis and recovery … the slowdown and later the weak pace of the recovery – errors made by many other forecasters. At the same time, inflation …<BR>Ce document évalue les projections de l'OCDE relatives à la croissance du PIB et à l'inflation durant la crise financière mondiale …

resilient to external shocks. Enhancing the credibility of the inflation target would provide the monetary authorities with more …. Améliorer la crédibilité de l’objectif d’inflation donnerait aux autorités monétaires plus de latitude pour réagir aux chocs …

corporate taxes on productivity and investment. Applying a differences-in-differences estimation strategy which exploits … effect on productivity at the firm level. The effect is negative across firms of different size and age classes except for …. This may partly explain the negative productivity effects of corporate taxes if new capital goods embody technological …