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Macroeconomic volatilities and the labor market : first results from the euro experiment

Merkl, Christian; Schmitz, Tom - In: European journal of political economy 27 (2011) 1, pp. 44-60

Persistent link: https://www.econbiz.de/10009260158

The Role of Fiscal Policy in Rebalancing Developing Asia's Growth

Park, Donghyun - 2010

Rebalancing growth toward domestic demand has emerged as a key postcrisis challenge for sustaining developing Asia’s rapid growth in the medium and long term. The central objective of this paper is to explore the role of fiscal policy in the region’s rebalancing process. What matters most...

Persistent link: https://www.econbiz.de/10014189932

Unemployment accounts and employment incentives

Brown, Alessio J. G.; Orszag, Jonathan Michael; Snower, … - In: European journal of political economy 24 (2008) 3, pp. 587-604

Persistent link: https://www.econbiz.de/10003791044

A reappraisal of the inflation-unemployment tradeoff

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - In: European journal of political economy 21 (2005) 1, pp. 1-32

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

Persistent link: https://www.econbiz.de/10010313770

Fiscal Policy and Crowding Out in Developing Asia

Hur, Seok-Kyun - 2010

Fiscal stimulus programs have contributed substantially to developing Asia's faster and stronger than expected recovery from the global financial crisis. This may lead to political pressures for greater use of countercyclical fiscal policy in the postcrisis period. However, the countercyclical...

Persistent link: https://www.econbiz.de/10013136825

Financial Development and Economic Growth in Developing Asia

Estrada, Gemma Bolotaulo - 2011

Economic theory suggests that sound and efficient financial systems - banks, equity markets, and bond markets - which channel capital to its most productive uses are beneficial for economic growth. Sound and efficient financial systems are especially important for sustaining growth in developing...

Persistent link: https://www.econbiz.de/10013130769

Economic, social and political fragmentation : linking knowledge-biased growth, identity, populism and protectionism

Snower, Dennis J.; Bosworth, Steven - In: European journal of political economy 67 (2021), pp. 1-17

Persistent link: https://www.econbiz.de/10012542202