Showing 1 - 10 of 59
profiles in Thailand over 1990-2008 ; review of methodologies low carbon scenario The conclusion will address the rationale for …
Persistent link: https://www.econbiz.de/10010821436
suppliers and customers. Our communication will focus on knowledge, labour markets and work in the context of Thailand. Thailand … viability of these scenarios in Thailand. We start with a short analysis of the state of science, technology and education in … Thailand (section 1). The conclusion is that formal knowledge is lagging behind and that improvements will take time. The …
Persistent link: https://www.econbiz.de/10008791196
developed countries for its impact on employment, wages and the welfare state, is not an issue at stake in Thailand for the … revolution and knowledge will impact Thailand in the near future because they are shaping a new international division of labour … as the “taylorist” division of labour”. Thailand has benefited for decades from the “taylorist” division of labour to …
Persistent link: https://www.econbiz.de/10008792410
In the aftermath of the sovereign debt criss, open-market interventions prevailed within the central bank's policy answers known under the label unconventional monetary policy measures. During interwar period, France was an isolated case, among the leading countries, by everlastingly rejecting...
Persistent link: https://www.econbiz.de/10010933149
We are interested in the occurrence of expectation-driven fluctuations of a rational bubble and the (de-)stabilizing role of monetary policy. Our explanation of fluctuations is based on credit market imperfections. For this purpose, we consider an overlapping generations exchange economy where...
Persistent link: https://www.econbiz.de/10010933831
We explore the existence of endogenous fluctuations with a rational bubble and the stabilizing role of fiscal and monetary policies. Consumers' credit constraints, the role of collateral and a portfolio choice are the key ingredients of our analysis. We consider an overlapping generations model...
Persistent link: https://www.econbiz.de/10010933884
The fiscal theory of the price level says that the price level can be made determinate if the government uses fiscal policies such that government liabilities explode unless the price in the first period is at the "right" level. The policy implications are disturbing, as they call for rather...
Persistent link: https://www.econbiz.de/10010929080
In this paper, we compare, first, the impact of a windfall and a boom sectors on the economy of an oil exporting country and their welfare implications ; in a second step, we analyze how monetary policy should be conducted to insulate the economy from the main impact of these shocks, namely the...
Persistent link: https://www.econbiz.de/10009401094
A robust prediction across a wide range of open-economy macroeconomic models is that an unanticipated increase in public spending in a given country appreciates it currency in real terms. This result, however, contradicts the findings of a number of recent empirical studies, which instead...
Persistent link: https://www.econbiz.de/10009401096
Eurozone is going though the worst ever crises since the adoption of the common currency in 1999. In the aftermath of financial crises of 2007, many EU government due to their own fragile banking system and imbalance economic structures persued a debt-spending financing which resulted into a...
Persistent link: https://www.econbiz.de/10009368002