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This Selected Issues paper assesses the Central Bank of Armenia's (CBA) monetary policy framework. It discusses the CBA's track record with inflation targeting; describes the risk-based approach to price stability, offering insights on its potential benefits, while cautioning of likely pitfalls...
Persistent link: https://www.econbiz.de/10015058828
Since the 2014 FSAP, Denmark's financial safety net and crisis management frameworks, including bank resolution, have … improved significantly. In response to the FSAP and the transposition of the pertinent European Union (EU) rules, Denmark has …
Persistent link: https://www.econbiz.de/10015057931
This Selected Issues paper analyzes wage and inflation dynamics in Denmark. High profit margins contributed to growth … will likely pick up. Nominal wage growth in Denmark has so far been modest and outpaced by high inflation, putting real … forward and the eventual impact on inflation. The analysis suggests that wage formation in Denmark has historically been …
Persistent link: https://www.econbiz.de/10015059310
activity is set to soften in the first half of 2023, followed by a gradual recovery. Denmark's recovery from the pandemic was …
Persistent link: https://www.econbiz.de/10015059311
Persistent link: https://www.econbiz.de/10015060357
The strength of the economic recovery bodes well for the rebound in activity to persist, but uncertainty remains high due to the war in Ukraine and the pandemic, with risks tilted to the downside. With employment above pre-pandemic levels, however, labor market pressures have increased. High...
Persistent link: https://www.econbiz.de/10015060358
This paper discusses findings of the Report on Observance of Standards and codes for Denmark. Denmark has a high level …
Persistent link: https://www.econbiz.de/10011244322
years. In particular, it examines the experiences of Denmark, Ireland, the Netherlands, and Spain—four countries in which …
Persistent link: https://www.econbiz.de/10011244480
Denmark’s public expenditure as a share of GDP is the highest in the OECD. The main difference between Denmark and … the median OECD country is the larger amount of social protection expenditure. The public health expenditure of Denmark is …
Persistent link: https://www.econbiz.de/10011244534
This paper discusses findings and recommendations made in the Financial Sector Assessment Program Update for Denmark in …
Persistent link: https://www.econbiz.de/10011244667