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Fiscal Policy Implications for Labor Market Outcomes in Middle-Income Countries
Lemus, Antonio - 2015
Many governments have initiated public employment programs or expanded the existing ones in response to high unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment. This paper explores the question of whether public...
Persistent link: https://www.econbiz.de/10013036636
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How Loose, How Tight? A Measure of Monetary and Fiscal Stance for the Euro Area
Batini, Nicoletta - 2020
This paper builds a model-based dynamic monetary and fiscal conditions index (DMFCI) and uses it to examine the evolution of the joint stance of monetary and fiscal policies in the euro area (EA) and in its three largest member countries over the period 2007-2018. The index is based on the...
Persistent link: https://www.econbiz.de/10012828229
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Wirtschaftliche Krisen bewältigen : Neue Erkenntnisse aus den jüngsten Krisen
Horn, Gustav A. - 2016 - 1. Aufl. 2016
. Im Ergebnis zeigt sich, wie wichtig die Geldpolitik ist, um Panik und Unsicherheit rasch bekämpfen zu können. Sie kommt …
Persistent link: https://www.econbiz.de/10014017736
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Das Public Kapital : How Much Would Higher German Public Investment Help Germany and the Euro Area?
Elekdag, Selim Ali - 2015
Given the backdrop of pressing infrastructure needs, this paper argues that higher German public investment would not only stimulate domestic demand in the near term and reduce the current account surplus, but would also raise output over the longer-run as well as generate beneficial regional...
Persistent link: https://www.econbiz.de/10013028678
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Inflation and Unemployment in a Monetary Union
Carlberg, Michael (contributor) - 2008
This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German government is low unemployment in Germany. And the...
Persistent link: https://www.econbiz.de/10013520991
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Monetary Policy and the German Unemployment Problem in Macroeconomic Models : Theory and Evidence
Gottschalk, Jan (contributor) - 2005
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and...
Persistent link: https://www.econbiz.de/10014014221
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Structural Reforms and Productivity Growth in Emerging Market and Developing Economies
Dabla-Norris, Era - 2016
This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity...
Persistent link: https://www.econbiz.de/10012996099
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Monetary and Wage Policies in the Euro Area
Carlberg, Michael (contributor) - 2007
Studies the interactions between monetary and wage policies in the euro area. This book discusses the process of policy competition and the structure of policy cooperation. It also features numerical simulations of policy competition and numerical solutions to policy cooperation
Persistent link: https://www.econbiz.de/10013520641
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Central Bank Independence, Regulations, and Monetary Policy : From Germany and Greece to China and the United States
Ray Chaudhuri, Ranajoy - 2018
, Greece, Russia, India, China, Japan, Brazil, and South Africa focus on the history, administrative structure, and … -- 5. Germany and the European Central Bank -- 6. Greece -- 7. The Russian Federation -- 8. India -- 9. China -- 10. Japan …
Persistent link: https://www.econbiz.de/10012396941
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Cash in East Asia
Rövekamp, Frank (ed.); Bälz, Moritz (ed.);  … - 2017
, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … cashless payments for daily exchanges, while countries like Japan still largely rely on cash for a wide range of transactions … Korea -- Domestic Liquidity Conditions and Monetary Policy Policy and Singapore -- Fully Reserve-backed Money: A Solution to …
Persistent link: https://www.econbiz.de/10012397270