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Is Increased Money Supply a Solution to Boost Zimbabwe Economic Growth Path?
Bonga, Wellington Garikai - 2015
Efficient business transactions requires both liquid cash and electronic transfers. In developing nations, due to technological challenges and level of awareness of the citizens hard currency is most preferred. The demand for currency, however should not be misinterpreted to mean acceptability...
Persistent link: https://www.econbiz.de/10013011098
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Publish and perish : creative destruction and macroeconomic theory
Chatelain, Jean-Bernard; Ralf, Kirsten - 2017
theory appears not to be a cumulative science so far. When attempts are done to settle controversies by "nature" (testing the … or non-identified when testing them. Two examples are provided, one in growth theory and testing convergence, one in … business cycles theory and testing inflation persistence. …
Persistent link: https://www.econbiz.de/10011597938
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An Onset of Cyclical Growth. Macroeconomic Forecast for 2016-2018
Averkiev, Vladimir - 2017
In Q 3-4 2016, Russia's economy entered the phase of cyclical growth from the lowest point of the business cycle, its typical feature being the unstable movement patterns of the main socioeconomic development indicators. Inflation hit its historic low. The ruble's strengthening boosted the...
Persistent link: https://www.econbiz.de/10012959655
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Exchange rate targeting versus inflation targeting : empirical analysis of the impact on employment and economic growth
Krušković, Borivoje - In: Journal of central banking theory and practice 9 (2020) 2, pp. 67-85
This paper analyses the effects of two alternative monetary strategies (exchange rate targeting and inflation targeting) on economic growth and employment. On the panel of 18 countries for the period from 1996 to 2013, I tested the hypothesis that countries in exchange rate targeting have a...
Persistent link: https://www.econbiz.de/10012305750
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Re-evaluating Swedish membership in EMU : evidence from an estimated model
Söderström, Ulf - 2008
I revisit the potential costs and benefits for Sweden of joining the Economic and Monetary Union (EMU) of the European … inflation and GDP growth might have been slightly higher if Sweden had been a member of EMU since the launch in 1999, but also … in the monetary union would be advantageous for Sweden. -- DSGE model ; Monetary union ; Open economy ; Optimum Currency …
Persistent link: https://www.econbiz.de/10003793441
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Economic integration and exchange rate arrangements in the post-Soviet period : the Baltic states in comparative perspective
Ljungberg, Jonas - In: European journal of comparative economics 17 (2020) 2, pp. 229-252
Which have been the consequences of the euro for integration and economic performance in the Baltic Sea region? After the collapse of the Soviet Union, the three Baltic states and Poland have been rapidly catching-up with Western Europe. The Great Recession became a great setback for the former,...
Persistent link: https://www.econbiz.de/10012433742
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Re-Evaluating Swedish Membership in EMU : Evidence from an Estimated Model
Söderström, Ulf - 2013
I revisit the potential costs and benefits for Sweden of joining the Economic and Monetary Union (EMU) of the European … inflation and GDP growth might have been slightly higher if Sweden had been a member of EMU since the launch in 1999, but also … in the monetary union would be advantageous for Sweden …
Persistent link: https://www.econbiz.de/10013095591
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Monetary Policy, Private Capital Formation and Economic Growth – The Case of Sub-Saharan Africa
John Gachunga, Muhia - 2019
The study sought to test the impact of the policy rate on growth and investment in some selected countries in the Sub-Saharan Africa region. Data for nine (9) countries over a 23-year period was captured and a dynamic panel model estimated. Based on the study results, the major findings were:...
Persistent link: https://www.econbiz.de/10012869052
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Budget Deficit and Economic Growth of Bangladesh : A VAR-VECM Approach
Hassan, Hashibul - 2016
There are three schools of thought regarding economic effects of budget deficit: Neoclassical, Keynesian and Ricardian. Advocates of different school of thought elucidate different consequence of deficit budget. Empirical researches also failed to conclude concretely about the economic effect of...
Persistent link: https://www.econbiz.de/10013003564
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EMU and the adjustment to asymmetric shocks : the case of Italy
Amisano, Gianni; Giammarioli, Nicola; Stracca, Livio - 2009
In this paper we address the question on whether EMU has amplified or dampened intra euro area divergencies, by looking at a time-varying VAR model of Italy's relative performance compared with the rest of the euro area, spanning from 1976 to 2009. Our main result is that EMU does not appear to...
Persistent link: https://www.econbiz.de/10003969277