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Monetary policy, growth and employment in developing areas : a review of the literature
Junankar, Pramod N. - 2019
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing countries. Much of the literature focusses on the impact of monetary policy on inflation levels and inflation volatility, and sometimes on output (GDP) levels and volatility of...
Persistent link: https://www.econbiz.de/10011988624
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Monetary Policy, Growth and Employment in Developing Areas : A Review of the Literature
Junankar, P. N. Raja - 2019
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing countries. Much of the literature focusses on the impact of monetary policy on inflation levels and inflation volatility, and sometimes on output (GDP) levels and volatility of...
Persistent link: https://www.econbiz.de/10012870283
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Lessons for Canada from International Productivity Experience
Sharpe, Andrew - Center for the Study of Living Standards (CSLS) - 2006
The objective of this report is to develop a more comprehensive understanding, from a policy perspective, of key drivers of labour productivity in selected OECD countries and their impact on enhanced productivity performance. The report is divided into three major parts. The first part will...
Persistent link: https://www.econbiz.de/10005650218
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Tolerance of noncompliance : discretion rather than simple rules?
Forteza, Alvaro; Noboa, Cecilia - In: Estudios de economía 46 (2019) 1, pp. 31-59
We argue that societies sometimes choose not to enforce the law to gain “flexibility”. Especially developing countries face a dilemma between discretion and commitment to only partially-contingent rules. Rules are good for incentives, but discretion may be more “flexible”. We embed this...
Persistent link: https://www.econbiz.de/10012025200
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Apprentissage, croissance et cycles : la politique monétaire face aux chocs d'offre
Amendola, Mario; Gaffard, Jean-Luc; Lega, Elena - In: Monnaie, croissance et marchés : essais en l'honneur …, (pp. 256-279). 2000
Persistent link: https://www.econbiz.de/10001532456
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Assessing determinants of macroeconomic policy on real convergence and growth : a comparative study of the Eurozone and ASEAN
Mutaqin, Zaenal; Ichihashi, Masaru - 2012
This study mainly examines the role of macroeconomic policy variables associated with Maastricht Convergence Criteria (MC), using various approaches to analyze comparatively differences in growth and convergence in income, productivity, and unemployment between a developed, economically...
Persistent link: https://www.econbiz.de/10009693477
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The Rise of the Indian Economy : Fiscal, Monetary and Other Policy Challenges
Basu, Kaushik - 2012
This paper brings analytical economics to bear on some of the central economic policy challenges faced by contemporary India; monetary policy for controlling inflation, central bank exchange rate interventions and fiscal policy for promoting growth. Government, by giving orchestrated guarantees...
Persistent link: https://www.econbiz.de/10013102841
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GDP Growth, Private Debt and Monetary Policy
Cafiso, Gianluca - 2017
Economic research has considered Private Debt a determinant of GDP growth for years. By keeping this perspective, the objective of this work is to understand how much of the GDP response to a monetary shock is due to the variation of private debt. This is the marginal contribution of private...
Persistent link: https://www.econbiz.de/10012953691
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The Impacts of Sector Growth and Monetary Policy on Income Inequality in Developing Countries
Siami-Namini, Sima - 2017
sector growth on income inequality. Most low-income people in developing countries are involved in agriculture and related … inequality. The main objectives of monetary policy aim to maintain price stability, improve sector growth, and create employment …. But, empirical evidence indicates that the impact of these policies to reduce income inequality have not been efficient …
Persistent link: https://www.econbiz.de/10012944898
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Booms, Crises, and Recoveries : A New Paradigm of the Business Cycle and its Policy Implications
Cerra, Valerie - 2018
a new stylized model of economic development …
Persistent link: https://www.econbiz.de/10012928622