Showing 1 - 10 of 2,191
The world has been struck by a mutating systemic financial crisis that is unprecedented in terms of financial losses and fiscal costs, geographic reach, and speed and synchronisation. The crisis from August 2007 to date can be divided into three main phases: the financial turmoil from August...
Persistent link: https://www.econbiz.de/10013101191
groups ; political business cycles ; growth ; unemployment ; inflation …
Persistent link: https://www.econbiz.de/10003873493
Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10012230450
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …
Persistent link: https://www.econbiz.de/10011807631
situation helps to explain the surge in the country's inflation and its very high growth in financial condition from late 2007 …
Persistent link: https://www.econbiz.de/10008826302
This study challenges the traditional way of examining the "inflation-output growth nexus". Research at the aggregate … level yields mostly ambiguous results, we perform a dis-aggregated analysis of output growth and inflation. For each sector … - industry, services and agriculture - we consider inflation and the value-added growth in a sample of 113 developing (low and …
Persistent link: https://www.econbiz.de/10011483192
economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic …
Persistent link: https://www.econbiz.de/10011541166
Inflation in advanced economies is low by historical standards but there is no threat of deflation. Slower economic … growth is caused by supply-side constraints rather than low inflation. Below-the-target inflation does not damage the … reputation of central banks. Thus, central banks should not try to bring inflation back to the targeted level of 2%. Rather, they …
Persistent link: https://www.econbiz.de/10012835734
The paper empirically examines the predictive factor of the inflation rate observed to be the vector force of … inflation rate to establish the degree of correlation effect as a basis to theoretically prescribe a policy instrument, a means … point change of inflation to the endogenous economy when all other factors remain constant …
Persistent link: https://www.econbiz.de/10012838139