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Is Inflation Domestic or Global? Evidence from Emerging Markets
Bems, Rudolfs - 2018
remarkably low and stable. Was this related to a global disinflation environment triggered by China's integration into world …
Persistent link: https://www.econbiz.de/10012906877
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Income and Democracy : Lipset's Law Revisited
Hoeffler, Anke - 2013
We revisit Lipset's law, which posits a positive and significant relationship between income and democracy. Using … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …
Persistent link: https://www.econbiz.de/10013086006
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Now or Later? The Political Economy of Public Investment in Democracies
Gupta, Sanjeev - 2015
This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...
Persistent link: https://www.econbiz.de/10013015609
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Environmental Tax Reform : Principles from Theory and Practice to Date
Heine, Dirk - 2014
energy/environmental tax systems in Germany, Sweden, Turkey, and Vietnam suggests that there is substantial scope for policy …
Persistent link: https://www.econbiz.de/10013065151
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Real Effective Exchange Rate and Trade Balance Adjustment : The Case of Turkey
Iossifov, Plamen K. - 2019
the role of exchange rates in supporting growth and restoring external balance. In this paper, we use Turkey---a large and …
Persistent link: https://www.econbiz.de/10012865830
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Economic Policy Uncertainty in Turkey
Jirasavetakul, La-Bhus Fah - 2019
policy uncertainty (EPU) index for Turkey and assess how it affects Turkish firms. To disentangle the issues of endogeneity …
Persistent link: https://www.econbiz.de/10012895106
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Probabilistic Sustainability of Public Debt : A Vector Autoregression Approach for Brazil, Mexico, and Turkey
Samake, Issouf - 2015
, Mexico, and Turkey. For each country, we estimate a vector autoregression (VAR) that includes fiscal and macroeconomic …
Persistent link: https://www.econbiz.de/10012750434
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Would 'Cold Turkey' Work in Turkey?
Celasun, Oya; Gelos, R.; Prati, Alessandro - 2021
Persistently high inflation rates have led many to believe that inflation in Turkey has become "inertial," posing an … persistence in Turkey is lower than in Brazil and Uruguay prior to their successful stabilization programs. More significantly …
Persistent link: https://www.econbiz.de/10013212316
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Debt Reduction, Fiscal Adjustment, and Growth in Credit-Constrained Economies
Baldacci, Emanuele - 2013
This paper assesses the effects of fiscal consolidations associated with public debt reduction on medium-term output growth during periods of private debt deleveraging. The analysis covers 107 countries and 79 episodes of public debt reduction driven by discretionary fiscal adjustments during...
Persistent link: https://www.econbiz.de/10013071366
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The International Monetary System : Where are We and Where Do We Need to Go?
Patra, Michael - 2013
The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital flows have promoted greater volatility in financial markets, leading to recurrent financial...
Persistent link: https://www.econbiz.de/10013071929