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This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
-looking monetary policy decisions. The bias is higher for countries whose monetary policy was more independent of Germany …
Persistent link: https://www.econbiz.de/10014400699
In this study, the stability of Germany’s financial sector after the global crisis is discussed. The stability issues …
Persistent link: https://www.econbiz.de/10014398997
Germany’s economic growth and recovery from the global crisis are explained in this study. Tax, education, and … innovation policies are specific measures supported by the authorities. External and financial shocks received by Germany and … other outward spillovers are outlined. Germany has a high current account and international assets. From a long …
Persistent link: https://www.econbiz.de/10014399041
institutions is insurance and pension companies. Germany has taken steps to enhance accounting and auditing practices and to align …
Persistent link: https://www.econbiz.de/10014406545
recovery are balanced but the range of forecasts for 2007 is unusually wide. The priority for Germany is to transmit its …
Persistent link: https://www.econbiz.de/10014404567
Insurance regulation and supervision is of a high standard, and most of the enhancements suggested have been put in place. Further enhancements will be required, in the context of the forthcoming introduction of Solvency II requirements, in such areas as the frequency of onsite inspections, the...
Persistent link: https://www.econbiz.de/10014398275
Germany has a comprehensive legislative and institutional framework for the effective supervision of the securities …
Persistent link: https://www.econbiz.de/10014398300
The design of the German banking supervision framework is structurally sound, with a robust legislative and operational framework that largely complies with the Basel Core Principles for effective banking supervision (BCP). Various improvements to the German supervisory framework have been...
Persistent link: https://www.econbiz.de/10014398308
This paper discusses an arrangement under the Flexible Credit Line (FCL) for Colombia. Colombia is well placed to confront challenges posed by the ongoing global downturn. Access under an FCL arrangement of SDR 6.966 billion, which the authorities intend to treat as precautionary, would support...
Persistent link: https://www.econbiz.de/10011244574