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In this paper, we analyze how lack of credibility and transparency of monetary and fiscal policies undermines the …-country evidence that monetary policy transparency and fiscal credibility reduce the incidence of export price volatility on output …
Persistent link: https://www.econbiz.de/10014411151
In this paper, we analyze how lack of credibility and transparency of monetary and fiscal policies undermines the …-country evidence that monetary policy transparency and fiscal credibility reduce the incidence of export price volatility on output …
Persistent link: https://www.econbiz.de/10013057311
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With the benefit of hindsight, this paper provides a fresh and comprehensive look at the causes of the 2014-16 collapse in oil prices and its impact on the global economy. It disentangles the contribution of supply and demand factors, assesses the impact on activity in oil exporters and oil...
Persistent link: https://www.econbiz.de/10012920304
, such as the ERM, this policy was not undermined by credibility problems. The episode provides an ideal testing ground for …
Persistent link: https://www.econbiz.de/10010440947
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