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This paper discusses the central banking, monetary, and banking laws for 17 countries in Europe, an area where many of the techniques that are now universally used in regulating or controlling the supply of money and credit were developed. The complete text of the basic central bank law of each...
Persistent link: https://www.econbiz.de/10014397640
sub-Saharan African countries on the relative importance of fiscal and monetary determinants of inflation. Based on the … dynamic response of inflation to different shocks, including nominal public debt, results show that a number of SSA countries … of inflation variability, as predicted by the fiscal theory of the price level …
Persistent link: https://www.econbiz.de/10014401393
adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union … credibility, and that a positive inflation target, as opposed to zero inflation, leads to higher and less volatile output. These … countries supports country-specific flexible inflation targeting …
Persistent link: https://www.econbiz.de/10014400852
and German economies are considered: an appreciation of their joint exchange rate against other currencies, an inflation …
Persistent link: https://www.econbiz.de/10014396463
This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated … yen. Inflation expectations have started to increase, and actual inflation recorded positive growth in June. The near …
Persistent link: https://www.econbiz.de/10011244552
bolstering the economy’s resilience to shocks and fostering productivity growth. Inflation is a priority and monetary policy … cannot fight inflation alone; concerted efforts on other fronts are also necessary. Near-term fiscal policy could better …
Persistent link: https://www.econbiz.de/10011245272
, indicating a stronger growth outlook for the second half of 2013. The near-term outlook is for moderate growth and inflation at …
Persistent link: https://www.econbiz.de/10011245332
The paper discusses the economic developments and policies in Sri Lanka in recent years. Substantial adjustments in energy prices and operational and financial reforms have helped to improve the performance of state owned enterprises (SOEs) and have reduced the burden on the budget and the...
Persistent link: https://www.econbiz.de/10011245489
monetary policy and exchange rate decisions more closely with its inflation. Maintaining central bank independence and …
Persistent link: https://www.econbiz.de/10011242578
stance given the upside risks to inflation. …
Persistent link: https://www.econbiz.de/10011243576