Showing 1 - 10 of 16
The debate on growth versus the environment is usually summarized as optimists believing in limitless growth versus … pessimists seeing environmental and resource limits to growth. This opposition defines the main strategies: namely, striving for … green growth versus some anti-growth approach. In this paper I argue that we should not feel obliged to choose between these …
Persistent link: https://www.econbiz.de/10011410860
The design of the euro area Quantitative Easing (QE) programme raises the question of whether insuficient liquidity in the bond markets will reduce the impact of the programme and lead to market volatility. While estimates suggests that scarcity of around €102 billion may arise over the life...
Persistent link: https://www.econbiz.de/10011430932
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the ECOWAS (WAEMU … on the threshold level of inflation. This paper contributes to the policy debate on the inflation-growth nexus by … strongly negative, suggesting adverse effects of high inflation on growth. This finding is consistent with the theoretical …
Persistent link: https://www.econbiz.de/10015209779
(GDP) growth rate, current account balance, fiscal account balance, lending (interest) rate, and exchange rate. Using the …, current account, and GDP growth were positively affected. Specifically, a one standard deviation shock in interest rate led to … current account and 1.6 percent in GDP growth in the first year. It is recommended that the authorities in the Zone pursue …
Persistent link: https://www.econbiz.de/10015209810
making growth projections. The paper recommends policy actions that may reduce uncertainty, boost investment, and pare …
Persistent link: https://www.econbiz.de/10013362889
This study provides country-specific empirical evidence on the optimal inflation-growth threshold in the WAMZ over the … effects of high inflation on growth. This finding is consistent with the theoretical proposition. It is remarkable to note …
Persistent link: https://www.econbiz.de/10014560171
While previous studies have explored the relationship between inflation and economic growth, the existing literature on … threshold effect of inflation on economic growth in the West African Monetary Zone (WAMZ) predominantly assumes a linear … that affects economic growth in WAMZ countries over the period 2001-2019. The paper applies a Panel Smooth Transition …
Persistent link: https://www.econbiz.de/10014560179
GDP growth rate data from 1980 to 2022 is used to evaluate real convergence among member states. The findings of the study …
Persistent link: https://www.econbiz.de/10015045941
This study presents novel empirical evidence on the optimal disaggregated public debt-growth threshold in the WAMZ over … the period 1996-2022. Determining the public debt-growth threshold in a disaggregated form is crucial for macroeconomic … capita income. Furthermore, they show that domestic debt appears to have less negative dampening effects on economic growth …
Persistent link: https://www.econbiz.de/10015045975
Economic policy in the EU faces a trilemma of solving three challenges simultaneously - growth, distribution, and the …
Persistent link: https://www.econbiz.de/10011410859