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Uganda Oil Revenue Management : Closing Gaps in the Fiscal and Savings Frameworks to Maximize Benefits
World Bank Group - 2020
flowing. Section 4 delves into the institutional design and operational management of the petroleum revenue investment reserve …
Persistent link: https://www.econbiz.de/10012647203
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The U.K.'s rocky road to stability
Batini, Nicoletta (contributor); Nelson, Edward (contributor) - 2005
"This paper provides an overview, using extensive documentary material, of developments in U.K. macroeconomic policy in the last half-century. Rather than focusing on well-known recent changes in policy arrangements (such as the introduction of inflation targeting in 1992 or central bank...
Persistent link: https://www.econbiz.de/10003053139
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Monetary and fiscal theories of the price level: the irreconcilable differences
McCallum, Bennett T.; Nelson, Edward - Federal Reserve Bank of St. Louis - 2006
bonds and differ drastically from those of money supplies. We argue that the FTPL attained prominence precisely because it …
Persistent link: https://www.econbiz.de/10005360634
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Government debt, output, and asymmetric information
Haslag, Joseph H.; Betts, D.C. - Federal Reserve Bank of St. Louis - 1987
Recent explanation of monetary policy and its effect have centered upon a non-cooperative game involving the monetary authority and the private sector. Notably absent from the discussion of asymmetric information and its impact on decision making is fiscal policy. This note examines a simple...
Persistent link: https://www.econbiz.de/10005352761
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Do productivity growth, budget deficits, and monetary policy actions affect real interest rates? evidence from macroeconomic announcement data
Kliesen, Kevin L.; Schmid, Frank A. - Federal Reserve Bank of St. Louis - 2004
responds positively to surprises in labor productivity growth. However, we do not reject the hypothesis that the real long …
Persistent link: https://www.econbiz.de/10005352806
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Optimal monetary and fiscal policies in a search theoretic model of monetary exchange
Gomis-Porqueras, Pere; Peralta-Alva, Adrian - Federal Reserve Bank of St. Louis - 2008
show that subsidies in decentralized markets can be implemented to alleviate underproduction, while money is still …% of lifetime consumption. When lump sum monetary transfers are not available, a positive production subsidy may be …
Persistent link: https://www.econbiz.de/10005353004
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Death of a theory
Bullard, James - Federal Reserve Bank of St. Louis - 2012
"Death of a Theory," presented in St. Louis. January 13, 2012.
Persistent link: https://www.econbiz.de/10010727311
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Sneak preview: death of a theory
Bullard, James - Federal Reserve Bank of St. Louis - 2012
"SNEAK PREVIEW: Death of a Theory." Presented at the Korea-America Economic Association, Chicago, Illinois. January 7, 2012.
Persistent link: https://www.econbiz.de/10010727349
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The end of moderate inflation in three transition economies?
Brada, Josef C.; Kutan, Ali M. - Federal Reserve Bank of St. Louis - 1999
This paper examines the ending of moderate rates of inflation in three transition economies, the Czech Republic, Hungary and Poland at the end of 1998. We argue that the institutions for the conduct of monetary policy in these countries were relatively weak and that monetary policy was...
Persistent link: https://www.econbiz.de/10005707749
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Macroeconomic Policy in a Real Business Cycle Model with Money
Chen, Shiu-Sheng - EconWPA - 2002
to technology shocks, I include government consumption, government investment, tax rate and monetary policy as sources of …This paper examines the impact of macroeconomic policy shocks in a Real- Business-Cycle Model with money. In addition … random disturbances. Money is introduced in a shopping-time economy. In search of liquidity effect and persistent output …
Persistent link: https://www.econbiz.de/10005126437