Showing 1 - 10 of 1,421
This paper surveys decision-making roles of governing bodies of central banks that have formally adopted inflation … internal policy decision-making processes. Internal governance practices differ considerably with regard to the roles and inter …
Persistent link: https://www.econbiz.de/10014404225
Persistent link: https://www.econbiz.de/10012796661
Persistent link: https://www.econbiz.de/10012487242
estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …
Persistent link: https://www.econbiz.de/10011705352
share of the benefits. Using optimal control theory, this paper estimates that the optimal royalty tax in Mali is about 3 ….5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared … between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the …
Persistent link: https://www.econbiz.de/10014402997
Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key …
Persistent link: https://www.econbiz.de/10014401221
This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as the body that changes monetary instruments to achieve a specified target, we discuss the possible determinants of a board''s size. The empirical relevance of these factors is...
Persistent link: https://www.econbiz.de/10014400166
puzzle of the role played by the nuclear and the extended family in the decision to move …
Persistent link: https://www.econbiz.de/10014401361
This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis to better understand convergence and the investment-growth nexus. Second, it looks...
Persistent link: https://www.econbiz.de/10011447085
Since 1998, the staff of the International Monetary Fund has published a classification of countries'' de facto … exchange rate arrangements. Experience in operating this classification system has highlighted a need for changes. The present … consistency and objectivity of classifications across countries, expedite the classification process, conserve resources, and …
Persistent link: https://www.econbiz.de/10014403174