This paper provides a summary of the OECD's new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more weight...

Chapter 1. Introduction -- Chapter 2. Trends in Growth since the GFC -- Chapter 3. Credit, Employment and the Current Account -- Chapter 4. Capital Formation and Foreign Investment -- Chapter 5. Inflation and Monetary Developments -- Chapter 6. Policy and Analyses Chapter -- 7. Reflexive, not...

Convergence to the Centre -- Financial Markets: Banks Capital Markets -- Firm Size, Productivity, EU-Funds and Corruption -- Labour Markets: Structural Characteristics and the Impact of Two Crises -- Transport and Mobility -- Monetary, Macroprudential, and Fiscal Policy -- Green Economy: Energy,...

Part 1. Introduction -- Chapter 1. Introduction and Background: A historical perspective of the role of financial institutions in Africa’s development -- Part 2. Country Monetary Policy Issues -- Chapter 2. Monetary Policy and Price Stability in Ghana's Fourth Republic: Have the Dues Been...

In the wake of the 2016 U.S. presidential election, investors and the electorate alike are seeking clarity on a wide range of macro policy issues that will impact the economy and markets in the years ahead. The primary goal of this book is to provide an objective source for investors to learn...

Macroeconomics is the application of economic theory to the study of the economy’s growth, cycle and price-level determination. Macroeconomics takes account of stylized facts observed in the real world and builds theoretical frameworks to explain such facts. Economic growth is a stylized fact...

1. Introduction -- Part 1: Income inequality and GDP Growth and inflation regime -- 2. Income inequality and GDP growth nexus in South Africa: Does the 4.5 percent consumer price inflation threshold and other channels play a role? -- 3. Does the inflation rate below 4.5 percent matter for the...

Preface -- Acknowledgements -- Part I: The Monetary System and the Business of Banking -- Overview of the Monetary System -- Introduction to the Business of Banking -- Introduction to the Business of Banking -- Introduction to the Business of Banking -- Part II: Asset-Liability Management --...

Money and Equilibrium in the Long Run: Long Run Growth – The Basic Framework -- Money and Long Run Growth -- Interaction Between Monetary and Fiscal Policy: Active and Passive Monetary Regimes -- Monetary Policy in the Short Run: New Keynesian Macroeconomics -- Optimal Monetary Policy --...

1. Why Another Book about Money? -- 2. Imagine a World Without Money -- 3. A Brief History of Money -- 4. Saving, Lending, Borrowing, and the Banking Sector -- 5. Central Banks, Monetary Policy, and the Economy -- 6. The Financial Crisis of 2007-2009 and the Great Recession -- 7. Economic Growth...