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We develop a tractable open-economy new-Keynesian model with two sectors to analyze the short-term effects of aid-financed fiscal expansions. We distinguish between spending the aid, which is under the control of the fiscal authorities, and absorbing the aid-using the aid to finance a higher...
Persistent link: https://www.econbiz.de/10008470400
actively pursued in Africa. The benefits of monetary union come from a more credible monetary policy, while the costs derive …
Persistent link: https://www.econbiz.de/10008560420
We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure … relationship between clarity and market volatility prior to and during the early stage of the global financial crisis. As the …
Persistent link: https://www.econbiz.de/10010959473
Intuitively core inflation is understood as a measure of inflation where noisy price movements are avoided. This is … volatility and (the lack of) persistence implies that when one excludes volatile items relevant information is likely to be … discarded. Therefore, we propose a new type of core inflation measure, one that takes simultaneously into account both …
Persistent link: https://www.econbiz.de/10011144610
-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is described. The two sectors that compose the financial system …
Persistent link: https://www.econbiz.de/10011244263
This Detailed Assessment Report reviews antimoney laundering and combating the financing of terrorism (AML …
Persistent link: https://www.econbiz.de/10011244266
Terrorism (AML/CFT) for Bahrain. The assessment was based on the 2003 Financial Action Task Force (FATF) 40 Recommendations. The …
Persistent link: https://www.econbiz.de/10011244311
) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) is reviewed. Singapore’s AML …
Persistent link: https://www.econbiz.de/10011244339
The evaluation of the anti-money laundering (AML) and combating the financing of terrorism (CFT) regime of Australia …
Persistent link: https://www.econbiz.de/10011244347
This Detailed Assessment Report focuses on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) for …
Persistent link: https://www.econbiz.de/10011244378