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Subordination of Shareholder Loans from a Legal and Economic Perspective
Gelter, Martin; Roth, Jürg - In: CESifo DICE Report 5 (2007) 2, pp. 40-47
Persistent link: https://www.econbiz.de/10005037331
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The Evaluation of European Social Fund Programmes in a New Framework of Multilevel Governance: The Italian Experience
Lion, Cristina; Martini, Paola; Volpi, Stefano - In: Regional Studies 38 (2004) 2, pp. 207-212
Lion C., Martini P. and Volpi S. (2004) The evaluation of European Social Fund programmes in a new framework of … experience in the evaluation of programmes co-financed by the European Social Fund (ESF) over the 2000-2006 period. The key focus … is to see if, and how, evaluation procedures in Italy have changed in the context of the recently created multilevel …
Persistent link: https://www.econbiz.de/10005638138
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Rough Guide to Impact Evaluation of Environmental and Development Programs
Pattanayak, Subhrendu K - eSocialSciences - 2009
This paper is a “rough guide†for evaluation of programs, projects and policies in the environment and development … arena. First, a general overview of the what, how, and why of program evaluation, with particular emphasis on the role of … of all terms) are provided. Second, a detailed review with examples of the four main methods for evaluation â …
Persistent link: https://www.econbiz.de/10005003752
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Modernization of Agriculture and Long-Term Growth
Yang, Dennis Tao; Zhu, Xiaodong - University of Toronto, Department of Economics - 2013
This paper develops a two-sector model that illuminates the role played by agricultural modernization in the transition from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative price of industrial products, but has a limited effect...
Persistent link: https://www.econbiz.de/10010850115
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Monetary Policy and the Relative Price of Durable Goods
Cantelmo, Alessandro; Melina, Giovanni - CESifo - 2015
In a VAR model of the US, the response of the relative price of durables to a monetary contraction is either flat or mildly positive. It significantly falls only if narrowly defined as the ratio between new house and nondurables prices. These findings survive three identification strategies and...
Persistent link: https://www.econbiz.de/10011272622
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Price-Level Convergence in the Eurozone
Hiernaux, Alfredo García; Burbano, David Esteban Guerrero - Facultad de Ciencias Económicas y Empresariales, … - 2015
This paper shows that price level trends in many of the EMU countries evolve with different patterns and that these patterns will not converge in the long-run. We propose that the hypothesis of price convergence should be evaluated and tested employing the relative prices. To this aim, we: (i)...
Persistent link: https://www.econbiz.de/10011276132
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Republic of Poland; Selected Issues
International Monetary Fund (IMF); International … - 2008
This paper provides three policy lessons to take full advantage of the opportunity afforded by EU funds. The main features of the global integrated monetary and fiscal (GIMF) model and how it was modified to account for income convergence are discussed. The impact of EU funds as exhibited in the...
Persistent link: https://www.econbiz.de/10011244276
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Indonesia; Selected Issues
International Monetary Fund (IMF); International … - 2008
This Selected Issues paper for Indonesia uses a small structural macroeconomics model of the Indonesian economy to analyze the inflation outlook and monetary policy challenges. The Bank of Indonesia (BI) introduced its Inflation Targeting Framework in July 2005 with the goal to reduce inflation...
Persistent link: https://www.econbiz.de/10011244290
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South Africa; Selected Issues
International Monetary Fund (IMF); International … - 2008
This Selected Issues paper discusses the policy response by a sample of central banks to the ongoing oil and food price shocks in South Africa, drawing some lessons, which can help put in context developments in the country. The paper discusses first- and second-round effects of “supply...
Persistent link: https://www.econbiz.de/10011244349
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Uruguay; Selected Issues
International Monetary Fund (IMF); International … - 2013
Uruguay’s inflation and inflation expectations exceed the inflation target, and the gap has been widening in recent years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias in addition to strengthening its communication....
Persistent link: https://www.econbiz.de/10011244441