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Effects of Fiscal Policy on the Durability of Low Inflation Regimes
Pohjola, Tapio - 2003
This paper deals with the interaction of fiscal and monetary policy when the central bank is pursuing a price stability-oriented monetary policy. In particular, we study the durability of the price stability regime when public debt accumulates as a result of ultimately unsustainable deficits....
Persistent link: https://www.econbiz.de/10014111166
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Fiscal Histories
Cochrane, John H. - National Bureau of Economic Research - 2022
The fiscal theory states that inflation adjusts so that the real value of government debt equals the present value of … determines the path of expected inflation, while news about the present value of surpluses drives unexpected inflation. I use … fiscal theory to interpret historical episodes, including the rise and fall of inflation in the 1970s and 1980s, the long …
Persistent link: https://www.econbiz.de/10013361983
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From a recession to the COVID-19 pandemic : inflation-unemployment comparison between the UK and India
Victor, Vijay; Karakunnel, Joshy Joseph; Loganathan, Swetha - In: Economies : open access journal 9 (2021) 2, pp. 1-19
the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …
Persistent link: https://www.econbiz.de/10012547953
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Financial policy and stabilization : the case of Russia
Popova, G. V.; Nerovnya, Yu. V.; Terentieva, V. V.; … - In: European research studies 21 (2018) 1, pp. 486-495
Persistent link: https://www.econbiz.de/10012238806
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Counterfactual analysis among Covid-19 : fiscal and monetary policy for green economic recovery
Liu, Zhen; Lu, Lu; Le Thanh Tiep; Saydaliev, Hayot Berk - In: Economic research 35 (2022) 1,5, pp. 5947-5970
Persistent link: https://www.econbiz.de/10014419254
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Policy games, distributional conflicts, and the optimal inflation
Albonico, Alice; Rossi, Lorenza - In: Macroeconomic dynamics 19 (2015) 6, pp. 1261-1293
Persistent link: https://www.econbiz.de/10011439777
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The IMF and the policy of low inflation : a review of Article IV consultations for selected Asian developing countries
Taneem Muzaffar, Ahmed; Chowdhury, Anis - In: The economic and labour relations review : ELRR 25 (2014) 3, pp. 435-454
Persistent link: https://www.econbiz.de/10010483145
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Three essays on economic policy in developing countries
Braun, Miguel - 2001
Persistent link: https://www.econbiz.de/10001717900
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Uruguay : 2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Uruguay
Internationaler Währungsfonds - 2022
Uruguay entered the pandemic with solid institutions and social cohesion but growing macroeconomic imbalances-especially slow economic growth and weak public finances-as the end of the last commodity price boom in 2014 uncovered structural weaknesses. A new government came to power in March 2020...
Persistent link: https://www.econbiz.de/10013169175
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Macroeconomic policy and employment : a development perspective
Islam, Rizwanul - In: The Indian journal of labour economics : a quarterly … 61 (2018) 3, pp. 427-451
Persistent link: https://www.econbiz.de/10012249421