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industries, and directly utilize natural resources. The question is what policy instruments are efficient to reduce income … inequality. The main objectives of monetary policy aim to maintain price stability, improve sector growth, and create employment …, and monetary policy always dominates fiscal policy for rising or falling income inequality during a certain period, which …
Persistent link: https://www.econbiz.de/10012944898
The goal of this research paper is to empirically assess the potential effects of macroeconomic determinants of economic growth and to determine the impact of income inequality on economic growth in the long-run in ten former socialist countries from Central and Eastern Europe (CEE) which are...
Persistent link: https://www.econbiz.de/10011841826
currency system, sets harsh constraints for policy space towards implementing national strategies. …
Persistent link: https://www.econbiz.de/10011300734
that there seem to be persistent output losses associated with ED shocks in the medium-run. In terms of policy implications …
Persistent link: https://www.econbiz.de/10009317481
The empirical analysis examines the asymmetric effect of financial development and remittance on economic growth in MINT nations (Mexico, Indonesia, Nigeria, and Turkey). The present study utilized panel data covering the period from 1980 to 2019. The research objectives are to address the...
Persistent link: https://www.econbiz.de/10012800116
Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good-for the first time EMDEs spent more time in expansion and had smaller downturns thanadvanced economies. In this paper we document...
Persistent link: https://www.econbiz.de/10013007644
This paper reports the results of a study of the impact of government expenditures on economic growth, emphasizing how government effectiveness influences the efficiency of government spending. The effects of sub-categories of government spending on growth are also examined. Total expenditures...
Persistent link: https://www.econbiz.de/10013106162
servicing commitments even in election periods. Policy recommendations are provided in line with the growing levels of debt …
Persistent link: https://www.econbiz.de/10014500527
Understanding how public investment affects economic performance in highly indebted low-income countries is crucial in order to implement effective fiscal policies for adjustment with growth. In this paper we provide an empirical analysis to investigate the relationship between public...
Persistent link: https://www.econbiz.de/10014063247
Scholars have been active in investigating causes and consequences of austerity policies. We examine how economists use the term "austerity" in scientific studies and measure austerity in empirical analyses. The sample includes around 3,500 journal articles published in the top 400 journals...
Persistent link: https://www.econbiz.de/10011997341