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-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
Market reaction to a change in official interest rates will depend on the extent to which the change is anticipated, and on how it is interpreted as a signal of future policy. In this paper, a technique is developed to separate the anticipated and unanticipated components of such changes and is...
Persistent link: https://www.econbiz.de/10014400820
This 2002 Article IV Consultation highlights that Germany’s economy is poised for a fragile recovery, after having …
Persistent link: https://www.econbiz.de/10014406353
, Germany, Japan, the United Kingdom, and the United States for implementing monetary policy in the short run. The analysis …
Persistent link: https://www.econbiz.de/10014396489
considerable headwinds. Several conditions are now in place in Germany for a domestic demand-led recovery. Employment creation has … been robust and unemployment at 5.3 percent is at a postreunification low. Executive Directors have commended Germany … environment. Directors have underscored Germany’s pivotal role in reducing euro area and global imbalances …
Persistent link: https://www.econbiz.de/10014395532
Germany. Germany's focus on actual, rather than cyclically adjusted, fiscal goals and outcomes carries the risk of rendering …
Persistent link: https://www.econbiz.de/10014402356
This 2002 Article IV Consultation highlights that the real GDP of the Netherlands is projected to rise by 1 percent in 2002, implying a return of growth to about 3 percent at an annual rate in the second half, and to rise by 3 percent in 2003. The pickup reflects an improvement in the worldwide...
Persistent link: https://www.econbiz.de/10014407354
intractable structural problem. Germany's record on product market liberalization is favorable and the reform momentum should be … kept up. The quality of Germany's statistics is more than adequate for the purpose of effective surveillance …
Persistent link: https://www.econbiz.de/10014407408
The staff report for the 2004 Article IV Consultation on Germany highlights economic developments and policies …. Profitability in nonfinancial firms has picked up, and corporate balance sheets are being repaired. On the policy front, Germany has …
Persistent link: https://www.econbiz.de/10014406464