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Vor gut zwei Jahren hat die Türkei ein Stabilisierungsprogramm aufgelegt, das vor allem eine Senkung der sehr hohen Inflation zum Ziel hatte; vom Internationalen Währungsfonds (IWF) wurde es durch ein Beistandsabkommen finanziell unterstützt. Wegen erheblicher Probleme bei der Umsetzung des...
Persistent link: https://www.econbiz.de/10011601331
We study the joint dynamics of macroeconomic variables, bond yields, and the exchange rate in an empirical two-country New-Keynesian model complemented with a no-arbitrage term structure model. With Canadian and US data, we are able to study the impact of macroeconomic shocks from both countries...
Persistent link: https://www.econbiz.de/10010279943
In this paper the view of humankind and nature upon which the thinking of Malthus is founded will be reflected on and contrasted with the opposed understanding of his contemporary Wordsworth. We show that the economic considerations of both are based decidedly on the premise of these views, and...
Persistent link: https://www.econbiz.de/10011422113
This book considers the relationship between Hayek and Mill, taking issues with Hayek's criticism of Mill and providing a broader perspective of the liberal tradition. Featuring contributions from the likes of Ross Emmett, Leon Montes and Robert Garnett, these chapters ask whether Hayek had an...
Persistent link: https://www.econbiz.de/10011902028
Using Adam Smith's notion of an 'invisible hand', this extraordinary contribution identifies dogmatic versus pragmatic views of free markets. Published posthumously, with new contributions by Rod O'Donnell, Daniel B. Klein and Christopher Torr, this book outlines Mittermaier's main thesis and...
Persistent link: https://www.econbiz.de/10014321720
Ákos Navratil (1875-1952) is an outstanding theoretical economist from the first half of the 20th century. A selection of his works was published as volume 8 in the series Classics in Hungarian Economics (Old truths and new theories in economics by Ákos Navratil, (int., ed. by M. Hild)). The...
Persistent link: https://www.econbiz.de/10010494387
This study examines the effect of non-farm labour participation on poverty reduction in rural Mauritania. Farm … in the reduction of poverty in the rural areas of Mauritania. We apply probit, propensity score matching and inverse …
Persistent link: https://www.econbiz.de/10012620990
Over the last five years, Africa's MSGBC geological basin situated in five African countries: Mauritania, Senegal … (IOCs). The Grand Tortue Ahmeyim (GTA) gas field development project, overlapping Mauritania and Senegal's offshore waters … also for the domestic energy markets of Mauritania and Senegal. Due to the Covid-19 pandemic, the commissioning of the …
Persistent link: https://www.econbiz.de/10012663572
the development trajectories of Mauritania, Kenya and Mozambique. It argues that successful aid deployment requires …
Persistent link: https://www.econbiz.de/10010284667
A windfall of natural resource revenue (or foreign aid) faces government with choices of how to manage public debt, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary. We show that the permanent income hypothesis prescription...
Persistent link: https://www.econbiz.de/10010276227