Showing 1 - 10 of 381
This Selected Issues paper assesses the youth unemployment problem in advanced European economies, especially the euro area. Youth unemployment rates increased sharply in the euro area after the crisis. Much of these increases can be explained by output dynamics and the greater sensitivity of...
Persistent link: https://www.econbiz.de/10012678337
EXECUTIVE SUMMARYEuroclear Bank is a securities settlement system that contributes to the safety and efficiency of global markets for government bonds and other international securities but also concentrates systemic risk. It is one of the largest securities settlement systems worldwide with a...
Persistent link: https://www.econbiz.de/10012677395
to revisit the ECB's balance sheet policy. With inflation running above target, the monetary accommodation provided by …'s balance sheet policy. With inflation running above target, the monetary accommodation provided by the ECB's bond holding is no …
Persistent link: https://www.econbiz.de/10015059226
inflation has fallen sharply recently after reaching record high levels, core inflation is proving more persistent. As tight … financial conditions restrain demand and supply shocks dissipate further, inflation is set to decline further but is expected to … inflation and hurt growth. On the upside, the economy could again prove more resilient than expected, especially amid a still …
Persistent link: https://www.econbiz.de/10015059227
This paper on Republic of Croatia focuses on representative rate for the Euro. The Council of the European Union decided on July 12, 2022 that the Republic of Croatia had fulfilled the necessary conditions for adoption of the euro with effect from January 1, 2023, and that the conversion rate...
Persistent link: https://www.econbiz.de/10015059705
This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) in Rwanda. Program performance was broadly satisfactory. All end-June quantitative assessment criteria were met. Structural benchmarks were partially met as the pace of implementation of structural...
Persistent link: https://www.econbiz.de/10011244254
This paper discusses key findings of the Sixth and Final Review Under the Stand-By Arrangement for Paraguay. The program remains broadly on track. All performance criteria for end-March 2008 were met, and those for end-June 2008 are expected to have been observed. With one exception, all...
Persistent link: https://www.econbiz.de/10011244416
This paper discusses key findings of the Sixth Review for Uganda Under the Policy Support Instrument. Structural rigidities continue to pose challenges to macroeconomic management in Uganda. Persistent weaknesses in project implementation coupled with rigidities in domestic financial markets...
Persistent link: https://www.econbiz.de/10011244497
This paper presents a simple structural model of inflation adapted for Nigeria based on the methodology of Berg, Karam …
Persistent link: https://www.econbiz.de/10011244544
developments should be monitored closely and monetary policy tightened further should inflation pressures increase. The …
Persistent link: https://www.econbiz.de/10011244639