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Persistent link: https://www.econbiz.de/10005013195
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The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They...
Persistent link: https://www.econbiz.de/10011244857
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account …
Persistent link: https://www.econbiz.de/10011245903
The proximity of the European Union, the prospect of membership, and actual entry by the New Member States (NMS) increased economic and financial integration in the region, leading to fast economic growth based on sizeable capital inflows. EU membership helped in developing sound macroeconomic...
Persistent link: https://www.econbiz.de/10005825949
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
The main contribution of this paper is to jointly estimate the effects of financial development and inflation on growth …. We aim to exploit both the cross-section and the time-series dimension of the data on inflation, growth and some banking …, that the long-run costs of inflation are not explained by policies of financial repression, and second, that if inflation …
Persistent link: https://www.econbiz.de/10005590692
The main contribution of this paper is to jointly estimate the effects of financial development and inflation on growth …. We aim to exploit both the cross-section and the time-series dimension of the data on inflation, growth and some banking …, that the long-run costs of inflation are not explained by policies of financial repression, and second, that if inflation …
Persistent link: https://www.econbiz.de/10005474554
A mix of solid economic policies, wage moderation, and an early orientation toward Eastern Europe explain Austria’s strong economic performance. The economy has grown strong in 2007 and through the first quarter of 2008. Employment growth remains strong, but the trend of a declining...
Persistent link: https://www.econbiz.de/10011243685
Beschleunigung der Inflation gerechnet. Als Hauptprobleme der Wirtschaft wurden weiterhin Budgetdefizite und Arbeitslosigkeit …
Persistent link: https://www.econbiz.de/10005056285