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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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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/10005412745
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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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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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CLAVES DE LA INFLACION DE 2005
Marongiu, Federico - EconWPA - 2005
El tema de la inflación ha sido uno de los más debatidos en los últimos meses. Los incrementos de precios registrados en el primer trimestre de 2005 han avivado la discusión. Este trabajo muestra que el problema está lejos de estar fuera de control y que determinadas medidas de política...
Persistent link: https://www.econbiz.de/10005076625
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Macroeconomic Policies of the Economic and Monetary Union: Theorectical Underpinnings and Challenges
Arestis, Philip; Sawyer, Malcolm - EconWPA - 2003
Macroeconomic Policies of the Economic and Monetary Union: Theoretical Underpinnings and Challenges Philip Arestis and Malcolm Sawyer, The Levy Economics Institute and Leeds University Abstract This paper presents two issues: first, an effort to decipher the type of economic analysis and...
Persistent link: https://www.econbiz.de/10005076715
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Monetary Policy Strategies of the European Central Bank and the Federal Reserve Bank of the U.S.
Wray, L. Randall; Sardoni, C. - EconWPA - 2005
the U.S. and Euroland in recent years. Not surprisingly, both central banks share the same conviction that money is …
Persistent link: https://www.econbiz.de/10005076846