productivity of the economy. Trends in social consumption/GDP, and in fiscal policy, reflected political regime changes in France …

adverse consequences for aggregate labor productivity. Using high-quality administrative data from Germany, we document that … data predicts 10 percent lower aggregate labor productivity in East Germany. …

adverse consequences for aggregate labor productivity. Using high-quality administrative data from Germany, we document that … data predicts 10 percent lower aggregate labor productivity in East Germany. …

reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

levels, inflation and interest rate; and (ii) interestingly, an increase in the government spending is not always offset by …

For over a decade of practicing inflation targeting (IT) strategy, inflation has remained high and persistent while … management in Ghana by reducing average inflation rate, boosting average growth rate and dampening the cyclical oscillations in … both output and inflation. We however find a slower pace of disinflation in Ghana, underpinning the high inflation inertia …

in output and inflation. However, we find that fiscal policy had the 'wrong sign' in the years leading up to the recent …