Showing 1 - 10 of 592
Diese Arbeit widmet sich der Analyse korrupter Strukturen in Zentralbanken und deren Auswirkungen auf die Geldpolitik …
Persistent link: https://www.econbiz.de/10009484798
-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
Modern societies have failed to find affordable ways to fund needed infrastructure. Problems have multiplied from … ignoring the particular characteristics of infrastructure and assuming the adequacy of the conventional finance of recent times … parlous position of many governments and the current global crisis. Infrastructure affordability is a central theme in this …
Persistent link: https://www.econbiz.de/10009475286
"Economic Stabilization Shield" were discussed. At the end of the study, the economic and financial policies recommended to be …
Persistent link: https://www.econbiz.de/10012522062
in emerging countries. Motivated by the repeated stabilization programs implemented by emerging economies during the last … from AFP to AMP have strong stabilization effects at the cost of high output losses. Moreover, credibility in the … persistence of the regime change is key to assess the effectiveness of the stabilization program. …
Persistent link: https://www.econbiz.de/10009475388
This dissertation computes the optimal monetary and fiscal policy for small open and emerging economies in an estimated medium-scale model. The model departs from the conventional approach as it encompasses all the major nominal and real rigidities normally found in the literature in a single...
Persistent link: https://www.econbiz.de/10009475440
A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of property forms, legal tends, extent of inflation,...
Persistent link: https://www.econbiz.de/10009478992
Over the past few decades, many countries have experienced a marked decline in the volatility of output. However, there is still a significant difference between developed and developing countries in the level of output volatility. A proposed explanation for this phenomenon is the impact of...
Persistent link: https://www.econbiz.de/10009457744
, the monetary policy can no longer be used as an instrument for output stabilization; (ii) the "one size fits all" monetary … stabilizing instruments and specifies the institutional pre-conditions for successful stabilization. The paper then extrapolates …
Persistent link: https://www.econbiz.de/10009463689
, the monetary policy can no longer be used as an instrument for output stabilization; (ii) the "one size fits all" monetary … stabilizing instruments and specifies the institutional pre-conditions for successful stabilization. The paper then extrapolates …
Persistent link: https://www.econbiz.de/10009463920