Showing 1 - 10 of 9,433
Persistent link: https://www.econbiz.de/10012036284
We investigate the effectiveness of fiscal stimuli when banks are undercapitalized and have large holdings of government bonds subject to sovereign default risk. Deficit-financed government purchases then crowd out private expenditure and fiscal multipliers can turn negative. Crowding out...
Persistent link: https://www.econbiz.de/10014150178
Persistent link: https://www.econbiz.de/10003715885
"There has been much interest in understanding various dimensions of the growth and integration of emerging Asia with … integration, and the choice of exchange rate regimes in emerging Asia. The book consists of ten chapters, divided into three … mechanism. While some chapters focus specifically on India, which is one of the new growth stars of Asia, many chapters deal …
Persistent link: https://www.econbiz.de/10009301492
Persistent link: https://www.econbiz.de/10009757910
Persistent link: https://www.econbiz.de/10001645263
Persistent link: https://www.econbiz.de/10014010013
Persistent link: https://www.econbiz.de/10012106984
"The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many...
Persistent link: https://www.econbiz.de/10003791135
Persistent link: https://www.econbiz.de/10003863859