Narrow search
Showing 1 - 10 of 405
Cover Image
Productivity and Product Markets in Korea: Evidence from Advanced Economies
Swiston, Andrew - 2022
This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea's labor … productivity and total factor productivity levels are below the median of other advanced economies. We identify sizable industry …-level productivity gaps in Korea with respect to the global frontier, especially in market-oriented services. Using the OECD's Product …
Persistent link: https://www.econbiz.de/10015060021
Cover Image
Utilization-Adjusted Output Gap : Is the Russian Economy Overheating?
Oomes, Nienke - 2006
Intro -- Contents -- I. INTRODUCTION -- II. THE NONACCELERATING INFLATION RATE OF FACTOR UTILIZATION -- III. FACTOR UTILIZATION IN RUSSIA -- A. Capacity Utilization -- B. Labor Utilization -- C. Estimating the Natural Rate -- IV. OUTPUT GAP ESTIMATES -- A. Trend Fitting and Statistical Filtering...
Persistent link: https://www.econbiz.de/10012691060
Cover Image
Small Island States in the Pacific : the Tyranny of Distance
Becker, Chris - 2012
Cover -- Contents -- Abstract -- I. Introduction -- II. Defining Small States by population -- III. Lacking Economies of Scale -- A. Fixed costs spread over narrow base -- B. Scope for regional cooperation -- IV. Income per capita -- V. Scope for Import substitution through agriculture -- VI....
Persistent link: https://www.econbiz.de/10009622524
Cover Image
Optimal liquidity and economic stability
Linghui Han; Lee, Il Houng - 2012
Monetary aggregates are now much less used as policy instruments as identifying the right measure has become difficult and interest rate transmission has worked well in an increasingly complex financial system. In this process, little attention was paid to the potential spillover of excess...
Persistent link: https://www.econbiz.de/10009615556
Cover Image
The ECB’s Monetary Analysis Revisited
Berger, Helge - 2008
Contents -- I. Introduction -- II. A Brief Guide Monetary Analysis in the ECB's Strategy and Its Evolution Since 1998 -- III. Survey of the Theoretical Debate -- IV. The Importance of Money for Inflation Forecasts -- V. Disaggregated Monetary Analysis -- VI. How Time Path Dependent Should the...
Persistent link: https://www.econbiz.de/10012682180
Cover Image
Inflation in Pakistan : Money or Wheat?
Khan, Mohsin S - 2006
Persistent link: https://www.econbiz.de/10012691177
Cover Image
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...
Persistent link: https://www.econbiz.de/10012677626
Cover Image
A Note of Caution on the Relation Between Money Growth and Inflation
Berger, Helge - 2023
We assess the bivariate relation between money growth and inflation in the euro area and the United States using hybrid time-varying parameter Bayesian VAR models. Model selection based on marginal likelihoods suggests that the relation is statistically unstable across time in both regions. The...
Persistent link: https://www.econbiz.de/10015059375
Cover Image
Forecasting Inflation in Sudan
Moriyama, Kenji - 2009
This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during the sample period. The Granger causality test suggests...
Persistent link: https://www.econbiz.de/10012677800
Cover Image
Fueling or Following Growth? Causal Effects of Capital Inflows on Recipient Economies
End, Nicolas - 2024
Identifying the causal impact of capital inflows on growth and development has been a perennial challenge. This paper proposes a new way to investigate the effect of capital flows on recipient emerging and developing economies, using shift-share instruments and correcting for indirect flows. It...
Persistent link: https://www.econbiz.de/10015058746