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Macroeconomic policy challenges in the Asian century

Henry, Ken R. - In: The economic and labour relations review : ELRR 24 (2013) 2, pp. 150-160

Persistent link: https://www.econbiz.de/10009757910

Effect of fiscal and monetary policy on private investment in Vietnam

Le Thanh Tung - In: Verslas : teorija ir praktika : Vilniaus Gedimino … 23 (2022) 2, pp. 427-434

This paper aims to identify the effect of fiscal and monetary policy on private investment in Vietnam, a transition … impact on private investment in Vietnam, besides, the lag of the private investment variable has a positive and significant … which helps improve private investment in Vietnam in the future. …

Persistent link: https://www.econbiz.de/10014247021

Macroeconomic policy in DSGE and agent-based models redux : new developments and challenges ahead

Fagiolo, Giorgio; Roventini, Andrea - 2016

The Great Recession seems to be a natural experiment for economic analysis, in that it has shown the inadequacy of the predominant theoretical framework - the New Neoclassical Synthesis (NNS) - grounded on the DSGE model. In this paper, we present a critical discussion of the theoretical,...

Persistent link: https://www.econbiz.de/10011457386

Populism, economic policies and central banking

Agur, Itai; Gnan, Ernest; Masciandaro, Donato; Binder, … - Populism, Economic Policies and Central Banking …; … - 2020

Persistent link: https://www.econbiz.de/10012225066

Monetary policy, macroeconomic policy mix and economic performance in the Euro area

Hein, Eckhard; Truger, Achim - 2006

In order to explain slow growth and high unemployment in the Euro area, in particular if compared to the USA, we follow a macroeconomic policy view focussing on the more restrictive stance of monetary, fiscal and wage policies in the Euro area. In the present paper we focus on the particular...

Persistent link: https://www.econbiz.de/10003744533

International crises and policy responses in the Southern cone

Borensztein, Eduardo; Castilleja, Liliana; Hernaiz, Daniel - 2012

This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...

Persistent link: https://www.econbiz.de/10011303276

Macroeconomic imbalances and institutional reforms in the EMU

Ederer, Stefan - 2015

The paper summarises the channels and mechanisms which lead to the emergence of macroeconomic imbalances in the EMU before, in and after the crisis of 2008/09. It focuses on the role of the specific institutional setting of the EMU in these developments and outlines the key reforms which are...

Persistent link: https://www.econbiz.de/10011337035

Economic policy in India : for economic stimulus, or for austerity and volatility?

Sen, Sunanda; DasGupta, Zico - 2014

The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in monetary and fiscal policy. While monetary policies were solely aimed at "price stability" in the neoliberal regime, fiscal policies were characterized by the objective of...

Persistent link: https://www.econbiz.de/10010385761

Economic policy coordination in the EMU : how much scope will there be within the framework of the stability and growth pact?

Breuss, Fritz; Weber, Andrea - 1999

With a large-scale econometric world model we derive policy multipliers and the parameters for the utility functions for 10 EMU countries and for the ECB. The gains from cooperation are calculated by comparing two equilibria, a Nash and a cooperative equilibrium. The cooperative equilibrium is...

Persistent link: https://www.econbiz.de/10011491576

Micro and macro policies in the Keynes+Schumpeter evolutionary models

Dosi, Giovanni; Napoletano, Mauro; Roventini, Andrea; … - 2014

This paper presents the family of the Keynes+Schumpeter (K+S, cf. Dosi et al, 2010, 2013, 2014) evolutionary agent-based models, which study the effects of a rich ensemble of innovation, industrial dynamics and macroeconomic policies on the long-term growth and short-run fluctuations of the...

Persistent link: https://www.econbiz.de/10010430728

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