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Cluster policy as a development strategy: Case studies from the Middle East and North Africa
Benner, Maximilian - 2012
presents case studies from Saudi Arabia, Morocco, Tunisia, and Algeria. …
Persistent link: https://www.econbiz.de/10010294480
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Oil and the Eruption of the Algerian Civil War: A Context-sensitive Analysis of the Ambivalent Impact of Resource Abundance
Shabafrouz, Miriam - 2010
Algeria's intrastate war in the 1990s, during which militant Islamists and the state fought fiercely against each other … conditions directly linked to the resource sector with the general conflict-fueling conditions diagnosed in Algeria. It takes … but also enhances our understanding of the eruption of violence in Algeria. …
Persistent link: https://www.econbiz.de/10010275960
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Fuel for Conflict or Balm for Peace? Assessing the Effects of Hydrocarbons on Peace Efforts in Algeria
Shabafrouz, Miriam - 2010
This paper explores the use of hydrocarbon revenues in post-conflict Algeria. While the bloody years of the 1990s now …-building efforts in Algeria and identify ways of improving these measures. The resources, which are mainly controlled by the central …-building will only lead to sustainable results when embedded in full-fledged reforms of Algeria's entire economic and political …
Persistent link: https://www.econbiz.de/10010275990
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The Price Revolution in the 16th Century: Empirical Results from a Structural Vectorautoregression Model
Bernholz, Peter; Kugler, Peter - 2007
This paper provides empirical evidence in favor of the hypothesis that the secular price increase in the 16th century is mainly caused by money supply developments as the discovery of new mines in Latin America. First we review price developments for several European countries over the 16th...
Persistent link: https://www.econbiz.de/10011390624
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Různá pojetí endogenity peněz v postkeynesovské ekonomii: Reinterpretace do obecnější teorie
Lopušník, Ondřej - 2010
The theory of endogenous money supply forms one of the cornerstones of Post Keynesian economics. It has been developing rapidly during the last twenty years, but is still neglected as a theoretical background for practical central bank policy. This may be (among other reasons) due to the...
Persistent link: https://www.econbiz.de/10010322224
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Monetary Policy under a Fiscal Theory of Sovereign Default
Schabert, Andreas - 2009
This paper examines equilibrium determination under different monetary policy regimes when the government might default on its debt. We apply a cash-in-advance model where the government does not have access to non-distortionary taxation and does not account for initial outstanding debt when it...
Persistent link: https://www.econbiz.de/10010325802
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Federal Reserve Policy viewed through a Money Supply Loss
Chowdhury, Ibrahim; Schabert, Andreas - 2008
Federal Reserve nonborrowed reserve supply systematically responded to changes in inflation and in the output gap over the period 1969-2000. While the feedback from output gap is always negative, the response of money supply to changes in inflation varies considerably across time. Nonborrowed...
Persistent link: https://www.econbiz.de/10010325981
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Two exercises of inflation modelling and forecasting for Azerbaijan
Chubrik, Alexander; Hajiyeva, Gulnar; Woźniak, Przemysław - 2012
The paper proposes two econometric models of inflation for Azerbaijan: one based on monthly data and eclectic, another based on quarterly data and takes into account disequilibrium at the money market. Inflation regression based on monthly data showed that consumer prices dynamics is explained...
Persistent link: https://www.econbiz.de/10011430889
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Reserves, money supply and prices: The international adjustment mechanism in Sweden under the silver and gold standards, 1834 - 1913
Ögren, Anders - 2003
This paper explores how international capital movements affected the domestic money supply. This requires that the causality at work in the adjustment process be analyzed. For this purpose, series of central bank reserves, the monetary base, the money supply and the balance of payments were...
Persistent link: https://www.econbiz.de/10010281339
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Multiple paper monies in Sweden, 1789 - 1903: Substitution or complementarity?
Engdahl, Torbjörn; Ögren, Anders - 2007
Complementarity of money mean that two or more kinds of monies together fulfil the demand of the users better than they would without the existence of the other(-s). In this paper we study complementarity between paper monies in Sweden. We address four questions: 1) What was used as money on a...
Persistent link: https://www.econbiz.de/10010281353