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Nigeria : Strengthening Monetary and Liquidity Management

World Bank - 2013

liquidity in the financial system, partly caused by spending of oil receipts. In the face of persistent excess liquidity in the …; however, these had a limited impact on monetary aggregates. A structural excess liquidity is a common feature in oil exporting … monetary policy and liquidity management and discusses role of selective financial markets in improving liquidity management in …

Persistent link: https://www.econbiz.de/10012560066

Russia Economic Report, No. 46, December 2021 : Amidst Strong Economic Recovery, Risks Stemming from COVID-19 and Inflation Build

World Bank - 2021

Russia saw strong growth in 2021, with momentum weakening late in the year. Growth will slow as Russia battles COVID-19 and elevated inflation. Globally, environmental sustainability is becoming central to the economic agenda. The challenge for Russia is to fundamentally transform its economic...

Persistent link: https://www.econbiz.de/10013255376

Policy mix, public debt management, and fiscal rules : lessons from the 2002 Brazilian crisis

Herrera, Santiago - 2005

"Despite significant progress in economic reform throughout the 1990s and an exemplary development of the policymaking framework in the second part of the decade, Brazil suffered a major public debt and currency crisis in 2002. Though the political origin of the uncertainty cannot be ignored,...

Persistent link: https://www.econbiz.de/10010522687

Bulgaria : Country Needs and STI Policy Mix Assessment

World Bank - 2020

Bulgaria has achieved impressive economic performance over the last two decades. Nevertheless, recent growth of gross domestic product (GDP) and productivity has slowed since the global financial crisis, and the country faces medium- to long-term labor shortages and skills mismatches driven by...

Persistent link: https://www.econbiz.de/10012647640

Does inflation targeting matter for output growth? : evidence from industrial and emerging economies

Varella Mollick, Andre - 2008

"This paper examines the effects of inflation targeting on industrial and emerging economies' output growth over the "globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find systematic positive and significant effects of...

Persistent link: https://www.econbiz.de/10010520968

Is there room for foreign exchange interventions under an inflation targeting framework? : Evidence from Mexico and Turkey

Domaç, Ilker - 2004

Persistent link: https://www.econbiz.de/10010523046

On policy interactions among nations : when do cooperation and commitment matter ?

Kempf, Hubert; Thadden, Leopold Von - HAL - 2008

This paper offers a framework to study commitment and cooperation issues in games with multiple policymakers. To reconcile some puzzles in the recent literature on the nature of policy interactions among nations, we prove that games characterized by different commitment and cooperation schemes...

Persistent link: https://www.econbiz.de/10010738606

Financial Repression, Tax Evasion and Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs

Villieu, Patrick; Minea, Alexandru - HAL - 2006

In this paper, we study maximizing long-run economic growth trade-off in monetary and fiscal policies in an endogenous growth model with transaction costs. We show that both monetary and fiscal policies are subject to threshold effects, a result that gives account of a number of recent empirical...

Persistent link: https://www.econbiz.de/10008793684

Does Inflation Targeting Matter ? An Experimental Investigation

Cornand, Camille; M'Baye, Cheick Kader - HAL - 2013

We use laboratory experiments with human subjects to test the relevance of di-fferent inflation targeting regimes. In particular and within the standard New Keynesian model, we evaluate to what extent communication of the inflation target is relevant to the success of inflation targeting. We...

Persistent link: https://www.econbiz.de/10010899555

(Post) Keynesian alternative to inflation targeting*

Asensio, Angel - HAL - 2008

While the mainstream policies can not be surpassed in the enchanted ‘optimizable'world, (Post) Keynesians have to resign themselves to manage without magic wand inthe uncertain real world. The paper discusses the monetary rules proposed in the recentPost Keynesian literature. It argues that...

Persistent link: https://www.econbiz.de/10008792683

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