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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

In the debate on monetary policy strategies on both sides of the Atlantic, it is now almost a commonplace to contrast the Fed and the ECB by pointing out the former’s flexibility and capacity to adjust rigidity, and the latter’s extreme caution, and obsession with low inflation. In looking...

Persistent link: https://www.econbiz.de/10005076846

Europe’s Quest for Monetary Stability: Central Banking Gone Astray

Bibow, Jorg - EconWPA - 2005

This paper provides an overview of central banking arrangements in those European countries that have adopted the euro. Issues addressed include the structure of the “Eurosystem” and its central banking functions, the kind of independence granted to the system and the role of monetary policy...

Persistent link: https://www.econbiz.de/10005126453

Refocusing the ECB on Output Stabilization and Growth through Inflation Targeting?

Bibow, Joreg - EconWPA - 2005

Challenging the conventional wisdom that structural problems are to blame for the euro area’s protracted domestic demand stagnation, this paper sets out to shed some fresh light on the role of the ECB in the ongoing EMU crisis. Contrary to the widely held interpretation of the ECB as an...

Persistent link: https://www.econbiz.de/10005412615

Removing Tariffs on Goods Originating from Least Developed Countries

Commission, Productivity - EconWPA - 2003

This paper was one input to the Australian Government’s decision to remove tariffs on imports from the least developed countries. The Commission’s analysis suggests that removing tariffs on imports from these countries could significantly boost imports from these countries, particularly of...

Persistent link: https://www.econbiz.de/10005119295

Money Demand in theEuroArea: Do National Differences Matter?

Dedola, Luca; Gaiotti, Eugenio; Silipo, Luca - EconWPA - 2004

This paper assesses the relevance of national information in estimating the demand for euro-area M3 from three perspectives. First, we check whether national money demands can legitimately be aggregated. Second, we compare time-series and panel methods to estimate aggregate long-run...

Persistent link: https://www.econbiz.de/10005412612

The growth of non-traditional employment: are jobs becoming more precarious?

Murtough, Greg; Waite, Matthew - EconWPA - 2001

Examines the limitations of statistics for the analysis of non- traditional employment. Particular attention is given to problems interpreting the measure of casual employees in data published by the Australian Bureau of Statistics (ABS). Much of the discussion about non- traditional employment...

Persistent link: https://www.econbiz.de/10005125775

Poverty, Dietary Imbalance and Sickness among Casual Labourer Households in Shillong (India)

Mishra, SK; Lyngskor, JW - EconWPA - 2005

labourers in Shillong, the capital city of Meghalaya, India. Casual labourers are those workers who work for a very short …

Persistent link: https://www.econbiz.de/10005556217

What is Left to Residual Claimants? The Empirics of Income Reported by Entrepreneurs and Workers

Poutvaara, Panu; Tuomala, Juha - EconWPA - 2004

Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that … workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average … switch from entrepreneurship to workers, while education does not explain, in a statistically significant level, switching …

Persistent link: https://www.econbiz.de/10005556770

Some Novel Implications of Replacemnt and Scrapping

Bitros, Georgios - EconWPA - 2005

The emphasis of capital theory in recent decades has moved away from the implications of useful life as an important … invariant with respect to the type of capital policy being applied, whereas at the macroeconomic level it is shown that we … cannot obtain consistent aggregates of capital stock and replacement investment. …

Persistent link: https://www.econbiz.de/10005126207

INDIAN VENTURE CAPITALISTS (VCs) INVESTMENT EVALUATION CRITERIA

Mishra, Asim - EconWPA - 2005

The Venture capital (VC) industry in India is of recent origin. However, the average investment value of each deal in … by government to promote venture capitalism in India provide an opportunity for an examination of venture capital … South East Asia in general, the author anticipated that the investment criteria employed by Venture Capital Firms (VCs) in …

Persistent link: https://www.econbiz.de/10005134795

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