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changed central banking in many ways: by shifting the focus of monetary policy from fighting too high inflation towards … fighting too low inflation; by prompting new ‘experimental’ non-conventional measures, which risk to cause large, long …
Persistent link: https://www.econbiz.de/10011554981
This monograph challenges the myth that the recent banking crisis was caused by insufficient statutory regulation of financial markets. Though it finds that statutory regulation failed, and that market participants took more risks than they should have done, it appears that statutory regulation...
Persistent link: https://www.econbiz.de/10013156184
Starting from the mid-nineteenth century, this paper analyzes two periods of financial instability connected with financial globalization. The first culminates with the 1929 crisis, while the second characterizes the more recent experience starting from the 1970s. The period in between is...
Persistent link: https://www.econbiz.de/10012842099
Starting from the mid-nineteenth century, this paper analyzes two periods of financial instability connected with financial globalization. The first culminates with the 1929 crisis, while the second characterizes the more recent experience starting from the 1970s. The period in between is...
Persistent link: https://www.econbiz.de/10012165419
This paper investigated the link between inflation and the top decile income share after the global financial crisis …. The analysis was done on a sample of 42 countries. We found that higher inflation has reduced the income going to the top … decile. The main explanation is that inflation has eroded their labour income, differently from the low-income individuals …
Persistent link: https://www.econbiz.de/10010374488
inflation, trade flows, capital inflow, capital account transactions, reserve accumulation, global liquidity (e.g., global broad … money), and monetary aggregates, with regard to Indonesia's GDP variables and inflation. This paper uses threshold vector … identified two groups of upper regime and lower regime world variables-namely, world inflation, world GDP, and world commodity …
Persistent link: https://www.econbiz.de/10012799838
inflation rate, both on the global and the individual-country level. -- international reserves ; inflation ; panel data analysis …
Persistent link: https://www.econbiz.de/10009660974
The paper aims to investigate the economic relationship between inflation and domestic debt. In countries that … experience high inflation, the inflationary process fed on increasing costs of domestic debt. As a result, the increasing debt to … countries into three groups. First group consists of Mexico, Turkey and Brazil; countries with high inflation experiences which …
Persistent link: https://www.econbiz.de/10012766274
July 9, 2019 – Inflation ... …
Persistent link: https://www.econbiz.de/10012866351
In the years 2021-2022, world inflation has drastically increased. The analyses of the main characteristics of the 2007 …-financial sector suggest that the growth of inflation was triggered by excessive debt growth of the government sector in 2020-2021. In … recession, however their value was too high to keep inflation in the world under control. Fiscal intervention of particular …
Persistent link: https://www.econbiz.de/10013403278