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Monetary policy rules for managing aid surges in Africa

Adam, Christopher; Buffie, Edward; O'Connell, Stephen; … - 2008

We examine the properties of alternative monetary policy rules in response to large aid surges in low-income countries characterized by incomplete capital market integration and currency substitution. Using a dynamic stochastic general equilibrium model, we show that simple monetary rules that...

Persistent link: https://www.econbiz.de/10010273410

Regionalwährungen in Deutschland: Lokale Konkurrenz für den Euro?

Rösl, Gerhard - 2006

In a surprisingly growing number of regions in Germany private "regional currencies" are issued as a cash substitute for the euro. Currently, these regional currencies are conceived almost exclusively as Schwundgeld (depreciative currency), which loses value on a predetermined timescale. This...

Persistent link: https://www.econbiz.de/10010295832

The Demand for Currency Substitution

Seater, John J. - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-35, pp. 1-30

A transactions model of the demand for multiple media of exchange is developed. Some results are expected, and others are both new and surprising. There are both extensive and intensive margins to currency substitution, and inflation may affect the two margins differently, leading to subtle...

Persistent link: https://www.econbiz.de/10010298619

One Euro from the Atlantic to the Urals? : the European Monetary Union

Gros, Daniel - In: CESifo Forum 01 (2000) 2, pp. 26-31

Persistent link: https://www.econbiz.de/10011695620

Survey Results about Foreign Currency Holdings in Five Central and Eastern European Countries

Stix, Helmut - In: CESifo Forum 02 (2001) 3, pp. 41-48

Persistent link: https://www.econbiz.de/10011695664

Foreign Currency Demand since 2002 - Evidence from Five Central and Eastern European Countries

Stix, Helmut - In: CESifo Forum 05 (2004) 4, pp. 19-24

Persistent link: https://www.econbiz.de/10011695779

European Integration of Albania : Economic Aspects

Thiel, Elke - 2004

Albania has been partner of the Stability Pact for South Eastern Europe and the EU Stabilisation and Association …. Albania has faced the challenge, but in many cases reform measures are not yet properly implemented. Macroeconomic …Albanien ist Partner im Stabilitätspakt für Südosteuropa und im Stabilisierungs- und Assoziierungsprozess der EU. Die …

Persistent link: https://www.econbiz.de/10010296577

Does non-farm income diversivication in Northern Albania offer an escape from rural poverty?

Meyer, Wiebke; Möllers, Judith; Buchenrieder, Gertrud - 2008

The paper uses up-to-date household data from two Northern-Albanian regions. It summarises socio-economic facts on taking up remunerative non-farm employment and identifies the determinants of non-farm income diversification at the farm household level based on a binary logistic regression....

Persistent link: https://www.econbiz.de/10010299313

Competitiveness of milk and wine production and processing in Albania

Petrick, Martin; Schreiber, Catrin; Weingarten, Peter - 2004

This study provides an empirical assessment of the competitiveness of Albanian dairy and wine production, based on specifically collected survey data. For both product groups, the analysis is carried out on two levels: farm level production of raw material and processing and manufacturing of the...

Persistent link: https://www.econbiz.de/10010299364

Kächelein, Holger; Lami, Endrit; Imami, Drini - 2010

improvements. In Albania, production and supply of electricity (for the time span of our analyzes) was controlled by KESH … Albania, and it is publicly run. Throughout the transition, supply of electricity, due to various technical and economic …, production and import of electricity in Albania. Our hypothesis is that before elections, electricity consumption may increase …

Persistent link: https://www.econbiz.de/10010300840

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