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Policy counterfactuals based on estimated structural VARs routinely suggest that bringing Alan Greenspan back in the 1970s’ United States would not have prevented the Great Inflation. We show that a standard policy counterfactual suggests that the Bundesbank–which is near-universally...
Persistent link: https://www.econbiz.de/10009640445
Bulgaria has for years been facing some of the highest credit growth rates and current account deficits in Central and South-Eastern Europe, raising concerns about possible risks for macroeconomic and financial sector stability. Since standard monetary policy instruments are not available within...
Persistent link: https://www.econbiz.de/10009686306
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The present report is the Final Report of the “Ex-post evaluation of EU assistance to Croatia provided during the … development of the necessary capacities for the achievement and continuous uptake of Croatia's commitments for its EU membership … improving current support to enlargement countries. The evaluation’s scope covers pre-accession assistance provided to Croatia …
Persistent link: https://www.econbiz.de/10012056125
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