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This paper uses three waves of panel surveys at the household level to study growth and poverty in Albania over the … question asks whether growth in Albania during the period 20022004 has been pro-poor. I find that there is some evidence for a … poverty line. I also find that infrastructure has not been an important determinant for income mobility, and neither has …
Persistent link: https://www.econbiz.de/10009474985
tremendous increase in poverty and income inequality in Central and Eastern Europe (CEE). Much of the literature argues that the …’s economic empowerment: the labour market, education and poverty. Large and complex data sets on peoples’ attitudes and … greater in transition than in OECD countries.On the other hand, once the feminisation of poverty is concerned data on …
Persistent link: https://www.econbiz.de/10009449678
There is now a consensus that economic growth is a dominant determinant of poverty. That is, poverty reduction requires … raises mean income and reduces the proportion of the population living below any absolute poverty line. It is generally … believed that growth that is distribution neutral has a greater impact on poverty reduction than growth that generates …
Persistent link: https://www.econbiz.de/10009481914
Arbeitsstunden und Löhnen in dieser Zeit erklären. Abschließend wird die Rolle der Geldpolitik während Aktienmarktbooms diskutiert …
Persistent link: https://www.econbiz.de/10009467149
untersuchen wir die Rolle der Geldpolitik während der Weltwirtschaftskrise in den USA. Die besondere Rolle der Geldpolitik gilt … Effekte der systematischen Komponente der Geldpolitik an. Wir finden heraus, dass der Anteil der Geldpolitik insgesamt zwar …
Persistent link: https://www.econbiz.de/10009467170
-Board-Systeme das Zeitinkonsistenzproblem der Geldpolitik lösen, da aufgrund ihrer gesetzlichen Verankerung eine überraschende … Zeitinkonsistenz­problem der Geldpolitik dominant ist, und dies obwohl asymmetrische Schocks nicht stabilisiert werden können. Eine …
Persistent link: https://www.econbiz.de/10009476166
Information asymmetries seem to play an important role in monetary economics. We consider three forms of information transmission which can be used to alleviate these information asymmetries. First, if information is verifiable or the publication of information is in the central bank's interest,...
Persistent link: https://www.econbiz.de/10009476206
realwirtschaftlich wirksamen, langfristig jedoch neutralen Geldpolitik inzwischen nahezu selbstverständlich akzeptiert zu sein …
Persistent link: https://www.econbiz.de/10009451189
In recent years the New Keynesian Model with price stickiness of the Calvo type has become the most widely used theoretical framework for addressing various normative issues such as how optimal monetary and fiscal policy should be conducted. However, the New Keynesian Model has been criticized...
Persistent link: https://www.econbiz.de/10009482289