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Inflation, factor substitution and growth
Klump, Rainer - 2003
Recent empirical studies on the inflation-growth-relationship underline that inflation has negative growth effects already under relatively modest rates. Most contributions to monetary growth theory, however, have difficulties in explaining such a pattern. It is shown in this paper that this...
Persistent link: https://www.econbiz.de/10009635886
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the interaction between researchers and policy-makers in central banks
Bussière, Matthieu; Stracca, Livio - 2010
policy decisions are taken. Motivated by the recent interest in renewing macroeconomics after the global financial crisis, we … related to the interaction between research and policy-making. Thereafter, the paper first surveys the existing literature on … differences between research and policy work. Finally, it delves on the issue of model-based versus judgment-based approaches to …
Persistent link: https://www.econbiz.de/10009640280
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Public finances and long-term growth in Europe
De Ávila, Diego Romero; Strauch, Rolf - 2003
In Lisbon the European Council proclaimed a European growth strategy. It considers an average economic u0093growth rate of around 3 percent as a realistic prospect for the coming yearsu0094 and assigns public finances an important role in the process of achieving this goal. This paper addresses...
Persistent link: https://www.econbiz.de/10009635955
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The role of product market regulations in the process of structural change
Messina, Julián - 2003
The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, product market regulations raise...
Persistent link: https://www.econbiz.de/10009639850
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Joint Evaluation of Budget Support to Ghana (2005 - 2015 ) : Final Report ; Volume 1
Ladj, Georg (contributor); Smail, Tino (contributor);  … - PARTICIP GmbH Consultants für Entwicklung und Umwelt - 2017
The objective of this evaluation is to assess the extent to which budget support has contributed to achieving its expected results by helping the Government of Ghana (GoG) to strengthen the implementation of its national and sectoral strategies. The study covers all operations with disbursements...
Persistent link: https://www.econbiz.de/10011998841
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Indeterminacy and search theory
Giammarioli, Nicola - 2003
This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...
Persistent link: https://www.econbiz.de/10009635902
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Sustainability of the Estonian macroeconomic performance in the light of the EU membership
Olenko, Katrin - 2004
For the new member states of the EU, the question of choosing the optimal macroeconomic policy mix is rather …). This implies a considerable change in macroeconomic policy environment. Many of the countries have to change their … transition, the aim of the current paper is to evaluate the sustainability of the Estonian macroeconomic policy in the light of …
Persistent link: https://www.econbiz.de/10009636773
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Economic Survey of Turkey, 2004
Organisation for Economic Co-operation and Development … - 2004
implementing and completing the new policy framework. For Turkey to truly establish a new u0093economic regimeu0094 for growth … based on macroeconomic and structural policy renewal, it is of crucial importance that confidence in government policies …
Persistent link: https://www.econbiz.de/10009636801
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Étude économique de la Turquie, 2004
Organisation de Coopération et de Développement … - 2004
implementing and completing the new policy framework. For Turkey to truly establish a new u0093economic regimeu0094 for growth … based on macroeconomic and structural policy renewal, it is of crucial importance that confidence in government policies …
Persistent link: https://www.econbiz.de/10009636802
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Economic Survey of the Czech Republic, 2004
Organisation for Economic Co-operation and Development … - 2004
macroeconomic policy, and is not only necessary to cope with ageing and to bring down the tax burden but is also needed to fulfil …
Persistent link: https://www.econbiz.de/10009636803