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The Swedish macroeconomic policy framework
Calmfors, Lars - 2015
The paper describes the monetary and fiscal policy frameworks in Sweden and analyses how they were established as well … as current challenges. Sweden provides a good example of how deep economic crisis, in interaction with independent … frameworks. It remains to be seen whether it will be possible in Sweden to adapt the monetary and fiscal frameworks to changed …
Persistent link: https://www.econbiz.de/10011302486
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In pursuit of a stable stabilization policy in Sweden : from the gold standard to inflation targeting and beyond
Jonung, Lars - 2019
Persistent link: https://www.econbiz.de/10012508742
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The effects of fiscal and monetary policies in Japan : what combination of policies should be used?
Otsubo, Kansho Piotr - In: Journal of international commerce, economics and policy 9 (2018) 1/2, pp. 1-25
Persistent link: https://www.econbiz.de/10012016671
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Debt, deficits, and destabilizing monetary policy in open economies
Schabert, Andreas; Wijnbergen, Sweder van - 2006 - Revised Version: May 2006
Blanchard (2005) suggested that active interest rate policy might induce unstable dynamics in highly-indebted economies. We examine this in a dynamic general equilibrium model where Calvo-type price rigidities provide a rationale for inflation stabilization. Unstable dynamics can occur when the...
Persistent link: https://www.econbiz.de/10011349206
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Inflation targeting, fiscal policy, and the exchange rate regime
Çekin, Semih Emre - In: Emerging markets finance & trade : a journal of the … 54 (2018) 7/8/9, pp. 2093-2116
Persistent link: https://www.econbiz.de/10012124647
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The effect of monetary and fiscal credibility on public debt : empirical evidence from the Brazilian economy
Mendonça, Helder Ferreira de; Auel, Gabriela Elise - In: Applied economics letters 23 (2016) 10/12, pp. 816-821
Persistent link: https://www.econbiz.de/10011628580
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Is India ready for inflation targeting?
Gupta, Abhijit Sen; Sengupta, Rajeswari - In: Global economy journal : GEJ 16 (2016) 3, pp. 479-509
Persistent link: https://www.econbiz.de/10011552190
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New-Keynesian economics : an AS-AD view
Benigno, Pierpaolo - In: Research in economics : an international review of economics 69 (2015) 4, pp. 503-524
Persistent link: https://www.econbiz.de/10011556680
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Policy responses to Turkey's crisis : independent central bank and international credit
Kriwoluzky, Alexander; Rieth, Malte - In: DIW weekly report : economy, politics, science : a … 8 (2018) 38/39, pp. 355-363
The presently tenuous situation in Turkey will worsen if the government does not take appropriate policy action. In view of foreign investors’ loss of confidence, the cost of external financing is likely to rise while consumption and investment will fall, and the Turkish lira would depreciate...
Persistent link: https://www.econbiz.de/10011904395
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Inflation targeting and central banks : institutional set-ups and monetary policy effectiveness
Niedźwiedzińska, Joanna - 2022
"Over the last three decades, inflation targeting (IT) has become the most popular monetary policy framework among larger economies. At the same time, its constituting features leave room for different interpretations, translating into various central banks' institutional set-ups. Against this...
Persistent link: https://www.econbiz.de/10012520759