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An important body of literature explores the political economy reasons underlying delays in macroeconomic stabilization. This paper develops a framework to analyze conflict between two groups of economic actors, one that has an endowment of internationally tradable goods and another that is...
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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 …
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The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global consequences. The spread of the virus led to the implementation of different preventive measures prior to the availability of effective vaccines. While many governments...
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prozyklischen deutschen Lohnpolitik gewarnt und auf die Notwendigkeit hingewiesen, Zweitrundeneffekte der Inflation zu vermeiden. … Inflationsentwicklung in Deutschland beeinflussen und in welcher Form sie auftreten können. Im Jahr 2023 wird die Inflation von … Inflation und Einkommensverteilung ergibt, dass eine Profit-Preis-Spirale gesamtwirtschaftlich nicht nachweisbar ist. Die …
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Strengthening potential output is high on the agenda for economic policy in the European Union. While there is widespread agreement that structural policies have a positive impact on long-term growth, there is a controversial discussion whether coordination of macroeconomic policies can...
Persistent link: https://www.econbiz.de/10011451765