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Persistent link: https://www.econbiz.de/10014431465
, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … Turkey's inflation and the likely costs and benefits of disinflation. … financial markets, and imperfect though vibrant and wide-based democracy, Turkey is often cited as a development model for other …
Persistent link: https://www.econbiz.de/10010517439
Persistent link: https://www.econbiz.de/10012500060
In the last decade, advanced economies, including the euro area, experienced deflationary pressures caused by the global financial crisis of 2007-2009 and the anti-crisis policies that followed - in particular, the new financial regulations (which led to a deep decline in the money multiplier)....
Persistent link: https://www.econbiz.de/10011852813
-Ukrainian war, as part of NATO and the EU. …
Persistent link: https://www.econbiz.de/10014464256
, underemployment is still an issue. Despite the recent rise in inflation, driven mostly by supply-side disruptions and energy prices …
Persistent link: https://www.econbiz.de/10012663107
Persistent link: https://www.econbiz.de/10003790518
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
Persistent link: https://www.econbiz.de/10011787852
volume, an early exit, and a faster exit from the program on output and inflation in the euro area. Model simulations showed … that economic growth and inflation rates would decrease in all three scenarios. However, the effects of the scenario with … particular, an early exit from the program should significantly affect inflation rates, an effect that the European Central Bank …
Persistent link: https://www.econbiz.de/10011750746