Showing 1 - 10 of 61,025
Azerbaijan over 2002-2013. The dealership model of Ho and Saunders is applied, supplemented by market structure and macroeconomic … environment variables, to assess the extent to which high spreads of banks in Azerbaijan can be related to bank-specific variables …
Persistent link: https://www.econbiz.de/10014411378
The first paper is on the oil boom in Azerbaijan, which presents a unique opportunity to speed up the development … macroeconomic stability and achieve fiscal sustainability is required. The second paper is on Azerbaijan's managed exchange rate …
Persistent link: https://www.econbiz.de/10014395127
Persistent link: https://www.econbiz.de/10009757903
This Selected Issues reviews economic development in Azerbaijan during 1995–99. The Azerbaijan authorities began to …
Persistent link: https://www.econbiz.de/10014398619
In economic discussions, currency board systems are frequently described as arrangements with self-binding character to the monetary authorities by their strict rules and establishments by law. Hard pegs and especially currency boards are often seen as remedies to overcome economic and financial...
Persistent link: https://www.econbiz.de/10003459430
We study fiscal policy in Denmark in the period 2004-2012 and compare the actual policy to counterfactual, rule-based alternatives. Given Denmark's fixed exchange rate towards the euro, it is the job of fiscal policymakers to stabilise fluctuations in output and inflation. However, we find that...
Persistent link: https://www.econbiz.de/10010371427
Persistent link: https://www.econbiz.de/10012583434
This study aims to analyse the discretionary fiscal policy of Azerbaijan, Kazakhstan, and Russia for the period 2003 … defines the discretionary fiscal position and the aggregate demand effect of fiscal policy. The SBBs in Azerbaijan and Russia … demonstrate that fiscal policies tend to be mainly procyclical in Kazakhstan and Russia. Azerbaijan conducted a counter …
Persistent link: https://www.econbiz.de/10011927258
We investigate non-oil sector effects of fiscal policy in Azerbaijan over a long time period in which a recent low oil …
Persistent link: https://www.econbiz.de/10011853814
Persistent link: https://www.econbiz.de/10003588745