Narrow search
Showing 1 - 10 of 1,284
Cover Image
A Modern History of Exchange Rate Arrangements: Chartbook, 1946-2001
Reinhart, Carmen - Volkswirtschaftliche Fakultät, … - 2002
This is the chartbook of individual country exchange rate histories and their experience with parallel markets, 1946-2001 that accompanies "The Modern History of Exchange Rate Arrangements: A Reinterpretation." We develop a novel system of reclassifying historical exchange rate regimes. One key...
Persistent link: https://www.econbiz.de/10005789352
Cover Image
An institutional analysis of some monetary issues in developing economies
Strachman, Eduardo; Vasconcelos, Marcos Roberto - Volkswirtschaftliche Fakultät, … - 2001
The paper shows the difficulties that the increasing international mobility of capitals set to the execution of monetary policy in the development countries. In modern capitalist economies, more than ever, money should be viewed as an institution. Therefore, it is first necessary to understand...
Persistent link: https://www.econbiz.de/10005014734
Cover Image
Acceleration, Stagnation and Crisis: the Role of Policies and Institutions
Jerzmanowski, Michal - Volkswirtschaftliche Fakultät, … - 2011
results confirm the importance of institutions for growth but also show that macro-policies; inflation, trade openness, size …
Persistent link: https://www.econbiz.de/10008871185
Cover Image
Diversification in Africa in a macroeconomic perspective
Galy, Michel - Volkswirtschaftliche Fakultät, … - 1995
This paper contrasts the poor performance of African economies over the past 30 years with the remarkable development of East Asian newly industrialized countries. It provides evidence that the lack of diversification, stemming from the adoption of inward-looking strategies, interventionist...
Persistent link: https://www.econbiz.de/10011184600
Cover Image
The economy of Spain in the eurozone before and after the crisis of 2008
Neal, Larry; Garcia-Iglesias, Concepcion - Volkswirtschaftliche Fakultät, … - 2012
In common with the other periphery countries that joined the euro-zone in 1998-2000, Spain enjoyed ten years of economic prosperity, essentially debt-financed. The financial crisis of 2008 has revealed deep structural problems in the euro-zone, but also among Spain’s fiscally autonomous...
Persistent link: https://www.econbiz.de/10009651401
Cover Image
Poland. The EMU entry strategy vs. the monetary issues
Kowalski, Tadeusz; Kowalski, Pawel; Wihlborg, Clas - Volkswirtschaftliche Fakultät, … - 2007
The aim of this overview article is to examine and assess monetary issues crucial for the Economic and Monetary Union (EMU) entry strategy. The optimum currency area (OCA) criteria are not used in assessing Polish suitability for the EMU, as they were not decisive in the process of the EMU...
Persistent link: https://www.econbiz.de/10011109218
Cover Image
Optimal Monetary Policy in the Presence of an Informal Sector and Firm-Level Credit Constraints
Ahmed, Waqas; Khan, Sajawal; Rehman, Muhammad - Volkswirtschaftliche Fakultät, … - 2013
We analyze, in this paper, the optimality of pro-cyclical monetary policy in the presence of informal sector. Our findings suggest that monetary tightening only in case of severe shock with high leverage ratio and that conventional monetary policy favors both the formal and informal sectors...
Persistent link: https://www.econbiz.de/10011107971
Cover Image
Middle East and North Africa Countries' Vulnerability to Commodity Price Increases
Loening, Josef L. - Volkswirtschaftliche Fakultät, … - 2011
, overall inflation tends to be higher. …
Persistent link: https://www.econbiz.de/10009294950
Cover Image
Propagation Mechanisms in Inflation: Governance as key
Goyal, Ashima - Volkswirtschaftliche Fakultät, … - 2012
Resurgence in Indian inflation since 2007 was associated with sharp food and oil price inflation. Propagation … rather than persistent second round price effects that caused inflation. Output remained below potential. In such a structure … generally exceeded the fall in output. A large negative demand impulse over 2010-12 constrained growth more than inflation. The …
Persistent link: https://www.econbiz.de/10011111900
Cover Image
Exchange rate in a resource based economy in the short term: the case of Russia
Popov, Vladimir - Volkswirtschaftliche Fakultät, … - 2005
What should be the appropriate macroeconomic policy to minimize the volatility of output in a resource-based economy, i.e. in an economy that is highly dependent on export of resources with very volatile world prices? This paper examines the sources of volatility of output in Russia as compared...
Persistent link: https://www.econbiz.de/10008804697