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the government through its ability to fix the real cost of capital for the firm, expenditure and monetary policy …
Persistent link: https://www.econbiz.de/10012729021
Developing economies with high levels of open or hidden unemployment face structural transformation problems. Unlike in mature economies there are no structural aggregate demand problems, and sustained aggregate demand stimulus can lead to a profit squeeze in the modern sector and...
Persistent link: https://www.econbiz.de/10012262305
causality in the long-run for both the DCs and LDCs group. The results help us to assess the effectiveness of monetary policy in … reducing income inequality in both the DCs and LDCs group. As a policy implication, monetary policy is often aimed at …
Persistent link: https://www.econbiz.de/10012888688
causality in the long-run for both the DCs and LDCs group. The results help us to assess the effectiveness of monetary policy in … reducing income inequality in both the DCs and LDCs group. As a policy implication, monetary policy is often aimed at …
Persistent link: https://www.econbiz.de/10012889689
industries, and directly utilize natural resources. The question is what policy instruments are efficient to reduce income … inequality. The main objectives of monetary policy aim to maintain price stability, improve sector growth, and create employment …, and monetary policy always dominates fiscal policy for rising or falling income inequality during a certain period, which …
Persistent link: https://www.econbiz.de/10012944898
impulse responses to monetary policy shocks, and cumulatively they suggest that 'insignificant' results can be expected even …
Persistent link: https://www.econbiz.de/10012977749
The aim of this article is to examine how agriculture and non-agriculture growth and inflation affect income inequality. The multivariate panel data approach is used to examine the application of Kuznets hypothesis between income inequality and agriculture and non-agriculture sector growth and...
Persistent link: https://www.econbiz.de/10012860411
What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical …
Persistent link: https://www.econbiz.de/10012831612
cost of new policy measures. It is explained by the Ministry of Finance, jointly with other responsible public authorities …
Persistent link: https://www.econbiz.de/10014349477
Fiscal policy plays an important role in accomplishing crucial economic goals, especially production and employment … increase. Acknowledgement and application of fiscal policy require differentiated attitudes in different situations. This paper … discuss the fiscal policy model and its implications for fulfilling economic goals, especially in the current economic crisis …
Persistent link: https://www.econbiz.de/10014243993