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Revitalizing the Jamaican Economy: Policies for Sustained Growth
Artana, Daniel; Zavala, Emilio Osambela; Thomas, Desmond; … - Inter-American Development Bank
Revitalizing the Jamaican Economy: Policies for Sustained Growth aims to improve our understanding of the constraints to social and economic development in Jamaica. It also proposes practical solutions to overcome some of those problems. This book is a collection of studies commissioned by the...
Persistent link: https://www.econbiz.de/10010895467
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Revitalizing the Jamaican Economy: Policies for Sustained Growth
Thomas, Desmond; Artana, Daniel; Zavala, Emilio Osambela; … - Inter-American Development Bank
Revitalizing the Jamaican Economy: Policies for Sustained Growth aims to improve our understanding of the constraints to social and economic development in Jamaica. It also proposes practical solutions to overcome some of those problems. This book is a collection of studies commissioned by the...
Persistent link: https://www.econbiz.de/10010943462
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Money as an indicator variable for monetary policy when money demand is forward looking
Kajanoja, Lauri - EconWPA - 2004
This paper studies the gain from using money as an indicator when monetary policy in made under data uncertainty. We … state of the economy. Money reveals some of the private sector’s information to the policymaker, especially if there is a … forward looking element in money demand. We show that observing money can considerably reduce the loss that is due to …
Persistent link: https://www.econbiz.de/10005126466
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The Philippine Central Bank's Monetary Policy Reaction Function from 1992 to 2003
Salas, John Michael Ian S. - EconWPA - 2004
addition, currency stability and expansionary money supply (M1) growth are other concerns of the BSP, though significantly so …
Persistent link: https://www.econbiz.de/10005561255
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The Expected Inflation Channel of Government Spending in the Postwar U.S.
Dupor, Bill; Li, Rong - Federal Reserve Bank of St. Louis - 2013
expected inflation, which in turn, reduces the real interest rate and leads to an increase in private consumption. This paper …
Persistent link: https://www.econbiz.de/10011027321
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Central Bank Purchases of Private Assets
Williamson, Stephen D. - Federal Reserve Bank of St. Louis - 2014
A model is constructed in which consumers and banks have incentives to fake the quality of collateral. Conventional monetary easing can exacerbate these problems, in that the mispresentation of collateral becomes more profitable, thus increasing haircuts and interest rate differentials. Central...
Persistent link: https://www.econbiz.de/10010938568
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Leitlinien für ein dauerhaftes Wachstum in der EU? Konzept und Wirkung der Grundzüge der Wirtschaftspolitik
Hein, Eckhard; Niechoj, Torsten - EconWPA - 2005
The Broad Economic Policy Guidelines contain the answers of the European Com-mission and the EU-governments to the growth and employment problems in the EU. These guidelines have been the EU-economic policy concept for ten years now, but this concept has not been able to generate sustained...
Persistent link: https://www.econbiz.de/10005561155
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The macroeconomics of social pacts
Acocella, Nicola; Bartolomeo, Giovanni Di; Tirelli, Patrizio - EconWPA - 2004
In this paper we analyze macroeconomic interactions among trade unions, the central bank and the fiscal policymaker. We explicitly model trade unionsconcern for public expenditure, paving the way for an analysis of the potential gains from cooperation between the fiscal policymaker and the trade...
Persistent link: https://www.econbiz.de/10005125759
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Macroeconomic co-ordination as an economic policy concept - opportunities and obstacles in the EMU
Hein, Eckhard; Truger, Achim - EconWPA - 2004
This paper traces the euro zone’s inadequate macroeconomic performance in recent years back to the predominance of a restrictive macroeconomic policy mix based on a ‘new monetarist’ approach to economic policy. An approach based on a (post-)Keynesian analysis is presented as a growth and...
Persistent link: https://www.econbiz.de/10005126124
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Guidelines for sustained growth in the EU? The concept and consequences of the Broad Economic Policy Guidelines
Hein, Eckhard; Niechoj, Torsten - EconWPA - 2005
The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a...
Persistent link: https://www.econbiz.de/10005126214