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The economic crisis arising in 2008 has severely limited the options of economic policy in Hungary. The absence of fiscal expansion, and deficiencies in the coordination of fiscal and monetary policy have had a negative impact on the effectiveness of measures in economic policy to boost economic...
Persistent link: https://www.econbiz.de/10010826233
diesem unsicheren Rahmen agiert ebenfalls die Europäische Zentralbank (EZB), die vor allem kurzfristig die Reaktion auf die …. Der vorliegende Beitrag argumentiert, dass vor dem Hintergrund der unkonventionellen Geldpolitik bisher nicht von einem …
Persistent link: https://www.econbiz.de/10010984517
This paper examines the performance of monetary policy under the new framework established in 1997 up to the end of the Labour government in May 2010. Performance was relatively good in the years before the crisis, but much weaker from 2008. The new framework largely neglected open economy...
Persistent link: https://www.econbiz.de/10010877120
On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the papers in this publication discuss from different...
Persistent link: https://www.econbiz.de/10011070915
, Europäische Zentralbank, haben der Euro und die gemeinsame europäische Geldpolitik in den letzten zehn Jahren eine Entwicklung … Geldpolitik der Europäischen Zentralbank auseinander. Es sei die Frage zu stellen, ob die EZB nicht im Windschatten der Fed über … Quaisser die Tagung "Zehn Jahre Euro - Bewährung in der Finanzkrise" statt. Einige der dort vorgestellten Referate sind hier …
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inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from …
Persistent link: https://www.econbiz.de/10010862620
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823