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Policies to support sustainable long-term growth in New Zealand
Cheung, Calista - 2013
As its workforce ages and major economies shift towards producing higher value-added goods and services, New Zealand will face increasing challenges to remain globally competitive and maintain high living standards. Future growth will need to come increasingly from productivity gains, and...
Persistent link: https://www.econbiz.de/10009769652
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Unemployment, Growth and Speed of Transition in China
Fidrmuc, Jan - 2013
We investigate the relationship between unemployment and growth in China. We find considerable differences in the nature of this relationship across Chinese regions. We argue that this may reflect the different progress in transition across regions, in line with the Aghion-Blanchard model of...
Persistent link: https://www.econbiz.de/10013075132
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Unemployment, growth and speed of transition in China
Fidrmuc, Jan; Huang, Shuo - 2013
We investigate the relationship between unemployment and growth in China. We find considerable differences in the nature of this relationship across Chinese regions. We argue that this may reflect the different progress in transition across regions, in line with the Aghion-Blanchard model of...
Persistent link: https://www.econbiz.de/10010189833
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Germany's post-2000 stagnation in the European context - a lesson in macroeconomic mismanagement
Hein, Eckhard; Truger, Achim - 2006
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
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Macroeconomic dynamics and the IS puzzle
Hawkins, Raymond J.; Nguyen, Chau N. - 2017
The authors solve the IS puzzle for the G7 countries. They find that five of the G7 countries have the expected significant negative relationship between the output gap and the realrate gap; the time series of the remaining two show material deviation from expected IScurve behavior. The authors...
Persistent link: https://www.econbiz.de/10011650342
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Determinants of growth and inflation in Southern Mediterranean countries
Coutinho, Leonor - 2012
inflation under control, which will depend in great part on their ability to maintain fiscal discipline and sustainable current … pool of unemployed without creating upward risks to inflation. …
Persistent link: https://www.econbiz.de/10011430893
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Determinants of growth and inflation in Southern Mediterranean countries
Coutinho, Leonor - 2012
inflation under control, which will depend in great part on their ability to maintain fiscal discipline and sustainable current … pool of unemployed without creating upward risks to inflation. -- Growth ; EU neighborhood policy ; Trade ; FDI ; Financial … Development ; Inflation …
Persistent link: https://www.econbiz.de/10009528811
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Determinants of Growth and Inflation in Southern Mediterranean Countries
Coutinho, Leonor - 2012
inflation under control, which will depend in great part on their ability to maintain fiscal discipline and sustainable current … pool of unemployed without creating upward risks to inflation …
Persistent link: https://www.econbiz.de/10013106480
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Inflation-Growth Nexus and Regional Integration in West Africa
Barcola, Makiliwè - 2019
In this paper, we test the existence of an optimal inflation interval within which, the inflation of the west African … countries supports economic growth. Besides this objective, we seek to test the validity of the 5% inflation threshold not to be … inflation thresholds estimated at 8.01% and 15.46%. The positive effect on growth begins when inflation is comprised between the …
Persistent link: https://www.econbiz.de/10012897533
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Seven replies to the critiques of Modern Money Theory
Tymoigne, Éric - 2021
Modern Money Theory (MMT) has generated considerable scrutiny and discussions over the past decade. While it has gained some acceptance in the financial sector and among some politicians, it has come under strong criticisms from all sides of the academic spectrum and from conservative political...
Persistent link: https://www.econbiz.de/10012795769