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Mobile Money, Perception about Cash, and Financial Inclusion: Learning from Uganda's Micro-Level Data
Simione, Felix - 2023
Will mobile money render cash less dominant over time in Africa? Can it promote financial inclusion? We shed light on … likely to perceive cash as risky and less likely to prefer carrying large amounts of cash. We also confirm that mobile money … that pioneered mobile money in the world. We use the Propensity Score Matching method to robustly compare mobile money …
Persistent link: https://www.econbiz.de/10015058921
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Inflation and Fiscal Deficits; The Irrelevance of Debt and Money Financing
Barrionuevo, José M. - International Monetary Fund (IMF) - 1992
cash in advance constraint. The results of numerical simulations suggest that an increase in the growth of debt to finance …
Persistent link: https://www.econbiz.de/10005263970
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Lessons for Monetary Policy; What Should the Consensus Be?
Issing, Otmar - International Monetary Fund (IMF) - 2011
This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was much acclaimed prior to the financial crisis and since then has not lost much of its endorsement, is critically reviewed. Ignoring the relation between monetary policy and asset...
Persistent link: https://www.econbiz.de/10009019599
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The ECB’s Monetary Analysis Revisited
Berger, Helge - 2008
-- III. Survey of the Theoretical Debate -- IV. The Importance of Money for Inflation Forecasts -- V. Disaggregated Monetary …
Persistent link: https://www.econbiz.de/10012682180
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The Information Content of Money in Forecasting Euro Area Inflation
Stavrev, Emil - 2008
This paper contributes to the debate on the role of money in monetary policy by analyzing the information content of … money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … structural and empirical models in a consistent framework using Bayesian and other estimation techniques. We find that money …
Persistent link: https://www.econbiz.de/10012677626
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Social spending in Korea : can it foster sustainable and inclusive growth?
Elekdaǧ, Selim Ali - 2012
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10009659803
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Inflation and income inequality : is food inflation different?
Walsh, James P.; Yu, Jiangyan - 2012
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether...
Persistent link: https://www.econbiz.de/10009618580
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Innocent bystanders? : monetary policy and inequality in the U.S.
Coibion, Olivier; Gorodnichenko, Yuriy; Küng, Lorenz; … - 2012
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures....
Persistent link: https://www.econbiz.de/10009621686
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Inflation, Inequality, and Social Conflict.
Crowe, Christopher W - 2006
Persistent link: https://www.econbiz.de/10012691103
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Rising Income Inequality
Papageorgiou, Chris - 2008
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting...
Persistent link: https://www.econbiz.de/10012677461