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Netherlands and in Ireland, a consensual strategy of wage restraint for improving the competitiveness of the economy and …
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The notion of new economy was coined in the United States when there was increasing evidence that, as a result of the … on its elevated since the economy peaked. In other large industrial countries, by contrast, productivity growth has …, the behavior of inflation is consistent with a new economy in all large industrial countries. The moderate inflation can …
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We provide a theoretical foundation for the claim that prolonged periods of easy monetary conditions increase bank risk taking. The net effect of a monetary policy change on bank monitoring (an inverse measure of risk taking) depends on the balance of three forces: interest rate pass-through,...
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deciding on their policy interventions, Monetary policy measures are key to support the supply of credit to the economy, but … broad economy via the financial system, they unavoidably affect each other's effectiveness, Taking these factors into …
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