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Relative Effectiveness of Fiscal and Monetary Policies in Nigeria
Okorie, David Iheke - 2017
This study employs the auto regressive distributed lag (ARDL) model to ascertain the relative effectiveness of monetary and fiscal policies in Nigeria using a quarterly time-series from 1981-2012. From our analysis, it discovered that monetary and fiscal policies both have significant positive...
Persistent link: https://www.econbiz.de/10012951917
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Cuban Macroeconomic Trends 1985 - 2013, External Shocks and Policy
Vidal Alejandro, Pavel - 2017
The paper focuses on analyzing the leading macroeconomic trends and policies in Cuba from 1985-2013. Five macroeconomic indexes were estimated using dynamic factor models. The correlations between the estimated indexes and the GDP growth rate show that, on average, fiscal policy was procyclical...
Persistent link: https://www.econbiz.de/10012957325
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Sustaining Growth in Emerging Markets : The Role of Structural and Monetary Policies in Turkey
Aysan, Ahmet - 2016
The last decade witnessed an unprecedented economic growth in Emerging Market Economies (EMEs). EMEs have also been the main drivers of growth in the recovery following the global financial crisis. Nevertheless, EMEs continue to face a number of institutional and structural challenges that may...
Persistent link: https://www.econbiz.de/10013007646
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Staying together or breaking apart : policy-makers endogenous coalitions formation in the European economic and monetary union
Aarle, Bas van; Di Bartolomeo, Giovanni; Engwerda, … - 2002
In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic set-up, on asymmetries, externalities, and the existence of a multi-country context. We study how coalitions among fiscal and monetary authorities are formed and what are their...
Persistent link: https://www.econbiz.de/10011410410
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Fiscal stabilization in the United States : lessons for monetary unions
Nikolov, Plamen; Pasimeni, Paolo - 2019
The debate about the use of fiscal instruments for macroeconomic stabilization has regained prominence in the aftermath of the Great Recession, and the experience of a monetary union equipped with fiscal shock absorbers, such as the United States, has often been a reference. This paper enhances...
Persistent link: https://www.econbiz.de/10011999069
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Staying together or breaking apart : policy-makers' endogenous coalitions formation in the European Economic and Monetary Union
Di Bartolomeo, Giovanni; Engwerda, Jacob Christiaan; … - 2002
In this paper, we analyze coordination of macroeconomic stabilization policies within the EMU by focusing, in a dynamic set-up, on asymmetries, externalities, and the existence of a multi-country context. We study how coalitions among fiscal and monetary authorities are formed and what are their...
Persistent link: https://www.econbiz.de/10011597642
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Modelling determinants of inflation in CESEE countries : global vector autoregressive approach
Jakši, Saša - In: Národohospodářský obzor : časopis věnovaný … 22 (2022) 2, pp. 137-169
Persistent link: https://www.econbiz.de/10013270502
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Why Had the Money Market Approach Been Irrelevant in Explaining Inflation in Azerbaijan During the Rapid Economic Growth Period?
Fakhri, Hasanov - 2011
The study examines whether inflation process can be explained within the framework of the Money Market Approach in the … that the Money Market Approach has not been relevant for explaining Azerbaijani inflation. Because Azerbaijan, a resource … analysis of the inflation. Since the Money Market Approach seems irrelevant one, the paper puts forward application of other …
Persistent link: https://www.econbiz.de/10013128594
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Inflation and Monetary Policy in October 2013
Bozhechkova, Alexandra - 2013
as compared to September 2013. Therefore inflation increased more than 6.3% on a year-over-year basis at the end of the …
Persistent link: https://www.econbiz.de/10013071424
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Inflation and Monetary Policy in September 2013
Bozhechkova, Alexandra - 2013
. higher than its value recorded in August 2013. Thus, the inflation rate in per annum terms, as seen by the results of the …
Persistent link: https://www.econbiz.de/10013072516