Showing 1 - 10 of 648
This paper develops a set of leading indicators of industrial production growth and consumer price inflation for the … inflation. Our findings provide evidence on the factors determining real activity and inflation in a period of disinflation and …
Persistent link: https://www.econbiz.de/10010500195
-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation … combination of circumstances-i.e. capital inflows, structural reforms and the peculiar recent inflation history-can explain that …
Persistent link: https://www.econbiz.de/10010293509
The matching method for treatment evaluation does not balance selective unobserved differences between treated and non-treated. We derive a simple correction term if there is an instrument that shifts the treatment probability to zero in specific cases. Policies with eligibility restrictions,...
Persistent link: https://www.econbiz.de/10010273920
The paper studies the efficiency of Swedish labour market policies for young workers. Using age discontinuities which define which policy regime an individual is covered by we present quasi-experimental evidence on the relative efficiency of different policy regimes currently in use. Results...
Persistent link: https://www.econbiz.de/10010317947
The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of … the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and …
Persistent link: https://www.econbiz.de/10010288100
maintaining moderate inflation, the rate of investment; aggressive effort at domestic resource mobilisation; and structural change …
Persistent link: https://www.econbiz.de/10010293266
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and … fiscal deficits; the issues relating to external convertibility and exchange rate management; the role of the Reserve Bank of …
Persistent link: https://www.econbiz.de/10011807631
Recent economic reforms in Egypt have significantly improved its macroeconomic indicators and financial sector. Banks … position. These findings do not support the current process of financial consolidation and banking reforms observed in Egypt …, and provide weak evidence to support their constructive role in improved bank profitability and economic restructure …
Persistent link: https://www.econbiz.de/10013245488
large current account deficit or rise in inflation or interest rates, a rising inflow of external capital, accompanied by … the RBI's sterilizing these inflows and accumulating large reserves, even in the face of low inflation. We offer a …
Persistent link: https://www.econbiz.de/10010322699
options that have, in the past, helped lower debt burdens. Specifically, it examines orthodox options (enhancing growth …, fiscal consolidation, privatization, and wealth taxation) and heterodox options (inflation, financial repression, debt …
Persistent link: https://www.econbiz.de/10013373848