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Monetary aggregates are the money circulating in an economy to satisfy its current monetary needs. There are two indicators for monetary aggregates collected by the OECD: "narrow money" (M1); a means of exchange and "broad money" (M3); a way to store value. Monetary aggregates are measured as a...
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expansionary fiscal policy to alleviate the impact of inflation. The objective of this policy note is to examine the main …
Persistent link: https://www.econbiz.de/10014278987
The support that governments provide to their industrial producers has been a growing source of concern. Much of that support is provided by governments through the financial system, either in the form of below‑market borrowings or below-market equity. To better understand the nature and scale...
Persistent link: https://www.econbiz.de/10012630502
Inflation measured by consumer price index (CPI) is defined as the change in the prices of a basket of goods and … services that are typically purchased by specific groups of households. Inflation is measured in terms of the annual growth … rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. Inflation measures …
Persistent link: https://www.econbiz.de/10013525334
Nominal gross domestic product (GDP) is GDP given in current prices, without adjustment for inflation. Current price …
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Europe's single currency was launched a bit more than a year ago for eleven of the fifteen countries of the Union. This study assesses economic developments and policies during the inaugural year of the new regime. It analyses the economic performance and prospects of the euro area as a whole,...
Persistent link: https://www.econbiz.de/10012442278
Money's destiny is to become digital. Throughout the ages physical money in the form of objects, coins and notes has increasingly been replaced by more abstract means of payment such as bills of exchange, cheques and credit cards. In the years to come that trend to virtual money will continue...
Persistent link: https://www.econbiz.de/10012443344