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Despite the significant academic interest in the economic cohesion, the various aspects of convergence and the ways they can be measured still remain theoretically unclear. These are issues of extreme political significance, especially for countries aspiring for EU and euro area membership. The...
Persistent link: https://www.econbiz.de/10012650896
monetary policy variables impact inflation, output, money supply, and the financial sector in India. Our results for the period … that monetary policy is more efficient in explaining the variations in inflation rather than stimulating output indicating …
Persistent link: https://www.econbiz.de/10012306865
sluggishly to inflation. Third, we calibrate the model to the U.S. economy and find that the output response to inflation shock …
Persistent link: https://www.econbiz.de/10013475561
terms of impacts on growth, inflation, income and wealth distribution and structural change. The analysis includes a …
Persistent link: https://www.econbiz.de/10014480773
Persistent link: https://www.econbiz.de/10014533332