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USA - Expansive Geld- und Finanzpolitik ebnet den Weg für kräftigen Aufschwung
Meurers, Martin - In: ifo Schnelldienst 56 (2003) 23, pp. 35-44
Nach kurzer Abschwungphase als Folge der weltweiten Rezession im IT-Bereich und der Verunsicherung durch die Anschläge vom 11. September kam es im Jahr 2002 bereits wieder zu einer spürbaren Erholung der US-Wirtschaft. Das Bruttoinlandsprodukt legte mit 2,4% wieder deutlich zu. Getragen war...
Persistent link: https://www.econbiz.de/10011692097
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Euroland: New conditions for economic policy
Döpke, Jörg; Gern, Klaus-Jürgen; Gottschalk, Jan; … - 1998
The cyclical situation at the beginning of the European Monetary Union (EMU) is favorable: The upswing in Euroland has firmed, unemployment is going down, and inflation is low. However, economic growth outside the new currency area has weakened significantly during 1998, and fears are mounting...
Persistent link: https://www.econbiz.de/10010295088
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Market constellations and macroeconomic policy-making: institutional impacts on economic performance
Heise, Arne - 2005
Post Keynesian theory as opposed to Walrasian theory does not provide the foundations for a unique general equilibrium but claims the existence of multiple equilibrium positions. In this article, such a multiple of equilibrium positions is explained by different market constellations which are...
Persistent link: https://www.econbiz.de/10010298499
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Deflation - was sagt die aktuelle Preismessung?
Weeber, Joachim - In: Wirtschaftsdienst 82 (2002) 12, pp. 725-730
Persistent link: https://www.econbiz.de/10010302390
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Adjustment of global imbalances: Illustrative scenarios for Hungary
Hornok, Cecília; Jakab, Zoltán M.; Tóth, Máté Barnabás - 2007
In this study we examine the impact on Hungary of a possible correction of global imbalances. We distinguished four different channels of the global adjustment process, which are widely referred to in the literature (fiscal tightening in the U.S.; housing price correction in the US; an increase...
Persistent link: https://www.econbiz.de/10010322406
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On the scientific status of economic policy: A tale of alternative paradigms
Fagiolo, Giorgio; Roventini, Andrea - 2008
In the last years, a number of contributions has argued that monetary - and, more generally, economic - policy is finally becoming more of a science. According to these authors, policy rules implemented by central banks are nowadays well supported by a theoretical framework (the New Neoclassical...
Persistent link: https://www.econbiz.de/10010328656
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Avanços, recuos, acertos e erros: Uma análise da resposta da política econômica brasileira à crise financeira internacional
de Araujo, Victor Leonardo; Gentil, Denise Lobato - 2011
This paper aims to show that the fiscal and monetary counter-cyclical actions implemented by Brazilian government after the financial crisis were frugal: the monetary policy was late and slowly slackened and the fiscal policy sustain a primary surplus budget, in the opposite direction of much...
Persistent link: https://www.econbiz.de/10010330546
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Planejamento estratégico do desenvolvimento e as políticas macroeconômicas
Sicsú, João - 2008
This paper aims to outline the basis for a development strategy for Brazil. Therefore, it starts from some basic premises. First, there will be no development without social mobilization. Second, development is a planning result, in which the Government plays a key role. Besides, a development...
Persistent link: https://www.econbiz.de/10010330899
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Geldpolitik der EZB: Stabilität ohne "sichere" Staatsanleihen?
Tober, Silke - 2016
Die stark expansive Geldpolitik der Europäischen Zentralbank zeigt positive Wirkungen. Die Zinsen sind weiter gesunken … Weltwirtschaft verstärkt würden. Die Geldpolitik benötigt daher dringend Unterstützung durch die Fiskalpolitik.Der Euroraum hat zudem … ein zentrales Problem, das nicht nur die Effektivität der Geldpolitik beeinträchtigt, sondern auch die Fiskalpolitik …
Persistent link: https://www.econbiz.de/10011564987