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COVID-19 Pandemic, Direct Cash Transfers, and the Federal Reserve
Beckworth, David - 2020
Over the past few years, some observers have been warning that the Fed needs to update its operating framework to include a level target and the ability to implement direct cash transfers in special situations like the current crisis. They make the case that it is better for the Fed to provide...
Persistent link: https://www.econbiz.de/10012838303
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
model economy in a Covid-19 recession, and quantify the effects of the transfer components of the Coronavirus Aid, Relief …
Persistent link: https://www.econbiz.de/10012388237
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
Persistent link: https://www.econbiz.de/10012542395
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae-Won; Yang, Choongryul - In: Quantitative economics : QE ; journal of the … 14 (2023) 3, pp. 817-853
We show that the effectiveness of redistribution policy is tied to how much inflation it generates, and thereby to monetary‐fiscal adjustments that ultimately finance the transfers. In the monetary regime, taxes increase to finance transfers while in the fiscal regime, inflation rises,...
Persistent link: https://www.econbiz.de/10014362537
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From one crisis to another : changes in the governance of the Economic and Monetary Union (EMU)
Pochet, Philippe - In: Transfer : the European review of labour and research ; … 28 (2022) 1, pp. 119-133
Persistent link: https://www.econbiz.de/10013257302
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The political economy of Covid-19 responses in East Central Europe
Bohle, Dorothee (ed.); Eihmanis, Edgars (ed.);  … - 2022
Persistent link: https://www.econbiz.de/10013349316
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Emerging markets : prospects and challenges
Gudmundsson, Tryggvi; Kljuev, Vladimir Vladimirovič; … - 2022
This article documents recent developments in emerging markets in the context of the COVID-19 pandemic, assesses their prospects and challenges, and discusses appropriate policy settings for the medium term. It argues that EM policymakers' ability to grapple with an incomplete and uneven...
Persistent link: https://www.econbiz.de/10013170245
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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 recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the …. India and the UK have resorted to monetary and fiscal stimulus packages to face the economic crisis. This study investigated … the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized …
Persistent link: https://www.econbiz.de/10012547953
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Monetary policy and central banking in the Covid era : key insights and challenges for the future
English, William B.; Forbes, Kristin; Ubide, Angel - In: Monetary policy and central banking in the Covid era, (pp. 3-26). 2021
Persistent link: https://www.econbiz.de/10012655148
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Situating the COVID-19 pandemic in the context of the Indian economy
Jha, Praveen K.; Goyal, Meghna - 2022
the economy. In India, we find that the pandemic and ensuing lockdown policy led to various supply chain disruptions and … inequality. Estimations for India's economic revival are bleak and worsening with recent developments in the global economy. …
Persistent link: https://www.econbiz.de/10013283745