Similar Search Results

Did the U.S. Really Grow Out of Its World War II Debt?

Acalin, Julien - 2024

economic growth. This paper examines the roles of three other factors: primary budget surpluses, surprise inflation, and pegged … inflation and the pre-Accord peg. In this counterfactual, debt/GDP declines only to 74% in 1974, not 23% as in actual history …

Persistent link: https://www.econbiz.de/10015058792

Does Inflation Slow Long-Run Growth in India?

Mohaddes, Kamiar; Raissi, Mehdi - International Monetary Fund (IMF) - 2014

This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …

Persistent link: https://www.econbiz.de/10011142122

Interest Rate Liberalization in China

Fund, International Monetary - 2009

What might interest rate liberalization do to intermediation and the cost of capital in China? China's most binding interest rate control is a ceiling on the deposit rate, although lending rates are also regulated. Through case studies and model-based simulations, we find that liberalization...

Persistent link: https://www.econbiz.de/10012677833

Requirements for Using Interest Rates as an Operating Target for Monetary Policy

Durré, Alain - 2009

for establishing the other building blocks of an inflation targeting framework. It argues that strengthening the … effectiveness of the current monetary policy framework will facilitate the adoption of inflation targeting over time …

Persistent link: https://www.econbiz.de/10012677487

Global Aging and Declining World Interest Rates

Hoffmaister, Alexander W. - 2008

How will the world-wide decline in real interest rates associated with global aging affect small open economies (SOEs) with aging populations? Lower interest rates will result in higher capital-labor ratios and increased wages; higher wages, in turn, will be passed on to pension benefits,...

Persistent link: https://www.econbiz.de/10012677583

Interest Rate Elasticity of Residential Housing Prices

Iossifov, Plamen - 2008

We examine the interest rate elasticity of housing prices, advancingthe empirical literature in two directions. First, we take a commonly used cross-country panel dataset and evaluate the housing price equation using a consistent estimator in the presence of endogenous explanatory variables and...

Persistent link: https://www.econbiz.de/10012677673

Government Debt and Long-Term Interest Rates.

Kinoshita, Noriaki - 2006

Intro -- Contents -- I. INTRODUCTION -- II. AN OVERVIEW OF THE LITERATURE -- III. THEORETICAL ANALYSIS -- IV. EMPIRICAL EVIDENCE -- V. CONCLUSION -- References -- DERIVATION OF DYNAMIC EQUILIBRIUM CONDITIONS -- DATA SOURCES AND DEFINITIONS.

Persistent link: https://www.econbiz.de/10012690989

Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries : The Case of Thailand

Tchakarov, Ivan - 2006

Intro -- Contents -- I. INTRODUCTION -- II. INTEREST RATES AND BUSINESS CYCLES -- III. THE GLOBAL ECONOMY MODEL WITH THE FINANCIAL ACCELERATOR -- IV. THE EFFECTS OF A 1 PERCENT U.S. INTEREST RATE HIKE -- V. A REPEAT OF THE GLOBAL BOND MARKET ROUT OF 1994? -- VI. WHAT ROLE FOR MONETARY POLICY? --...

Persistent link: https://www.econbiz.de/10012691077

Interest Rate Determination in Lebanon.

Mangal Goswami - 2006

Persistent link: https://www.econbiz.de/10012691097

Fiscal Policy and Interest Rates--How Sustainable Is the "New Economy"?.

Hauner, David - 2006

Intro -- Contents -- I. INTRODUCTION -- II. LOW GLOBAL INTEREST RATES: POSSIBLE EXPLANATIONS -- III. A MODEL OF INTEREST RATE DETERMINATION -- IV. EMPIRICAL EVIDENCE -- A. Data and Methodology -- B. Empirical Results -- C. A New Economy of Interest Rates? -- V. CONCLUSIONS AND POLICY...

Persistent link: https://www.econbiz.de/10012691110

1
2
3
4
5
6
7
8
9
10
Next
Last