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E.U. Fiscal Pressure on Bank Employment During the Euro Crisis
Mihai Yiannaki, Simona - 2012
December 2011 was a critical month for the Euro currency credibility within the Euro Zone. This is because for the latest 5 years of economic and financial crisis ardent economic and political debates are still trying to sort out the sequels of this recession. Within this context, this paper...
Persistent link: https://www.econbiz.de/10013113346
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Leaning against the wind policies on Vietnam's economy with DSGE model
Huynh, Phuc; Nguyen, Trang; Duong, Thanh; Pham, Duc - In: Economies : open access journal 5 (2017) 1, pp. 1-18
The global financial crisis of 2007-2008 had a negative impact on many countries, including Vietnam. Many policies have been applied to stabilize the macro-economic indicators. However, most of them are based on old qualitative models, which do not help policy makers understand deeply how each...
Persistent link: https://www.econbiz.de/10011610450
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Unconventional monetary policy or automatic stabilizers? : a financial post-Keynesian comparison
Nair, Nitin - 2023
The purpose of public policy, expansionary or contractionary, is to encourage the expansion of income, output, and …
Persistent link: https://www.econbiz.de/10014320884
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Unconventional Monetary Policy or Automatic Stabilizers? : A Financial Post-Keynesian Comparison
Nair, Nitin - 2023
The purpose of public policy, expansionary or contractionary, is to encourage the expansion of income, output, and …
Persistent link: https://www.econbiz.de/10014352803
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The balance sheet channel of monetary policy transmission : evidence from Nigeria
Olowofeso, Olorunsola E.; Bada, Abiodun S.; Bassey, Kufre J. - In: CBN journal of applied statistics 5 (2014) 2, pp. 95-116
deposit money banks (DMBs) balance sheets, and ultimately reflects in output and prices. Using quarterly macroeconomic data … investigate the linkages between policy, DMB balance sheet, output and price. The results reveal the existence of a balance sheet … channel in Nigeria with a significant impact of DMBs balance sheet composition on output growth and price. However, output and …
Persistent link: https://www.econbiz.de/10011489517
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The "Keynesian moment" in policymaking, the perils ahead, and a flow-of-funds interpretation of fiscal policy
Terzi, Andrea - 2010
With the global crisis, the policy stance around the world has been shaken by massive government and central bank efforts to prevent the meltdown of markets, banks, and the economy. Fiscal packages, in varied sizes, have been adopted throughout the world after years of proclaimed fiscal...
Persistent link: https://www.econbiz.de/10008657988
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The role of uncertainty in the euro crisis : a reconsideration of liquidity preference theory
Pusch, Toralf - 2012
An active role of fiscal policy has been rediscovered as a crisis remedy at the beginning of the financial crisis all over Europe. More recently, the Euro Crisis with its mounting governments' funding costs for a number of Southern EU member states and Ireland has called this strategy into...
Persistent link: https://www.econbiz.de/10009575438
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Fiscal policy, unemployment insurance, and financial crises in a model of growth and distribution
Hannsgen, Greg - 2012
revenues that occur when output, real wages, and other variables are affected by changes in policy. Few would disagree that …
Persistent link: https://www.econbiz.de/10009534182
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The euro crisis and the job guarantee : a proposal for Ireland
Wray, L. Randall - 2012
Euroland is in a crisis that is slowly but surely spreading from one periphery country to another; it will eventually reach the center. The blame is mostly heaped upon supposedly profligate consumption by Mediterraneans. But that surely cannot apply to Ireland and Iceland. In both cases, these...
Persistent link: https://www.econbiz.de/10009490197
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Causes and remedies for Japan's long-lasting recession : lessons for the People’s Republic of China
Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2015
Japan has suffered from sluggish economic growth and recession since the early 1990s. In this paper, we analyze the causes of the prolonged slowdown of the Japanese economy (the lost decade). Economics Nobel laureate Paul Krugman has argued that Japan's lost decade is an example of a liquidity...
Persistent link: https://www.econbiz.de/10011407566