Narrow search
Showing 1 - 10 of 177
Cover Image
Turkey at the Crossroads; From Crisis Resolution to EU Accession
McGettigan, Donal; Debrun, Xavier; Griffiths, Mark E. L.; … - International Monetary Fund (IMF) - 2005
nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union … levels. This paper reviews Turkey’s policy performance in terms of growth, inflation, debt, fiscal and financial sector …
Persistent link: https://www.econbiz.de/10005767368
Cover Image
Islamic Republic of Iran; 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Islam...
International Monetary Fund (IMF); International … - 2008
inflation and structural reforms aimed at stimulating growth and employment creation. Consistent with IMF recommendations, in …
Persistent link: https://www.econbiz.de/10011243998
Cover Image
Bank loan supply shocks and alternative financing of non-financial corporations in the euro area
Mandler, Martin; Scharnagl, Michael - 2019
We analyse the macroeconomic effects of exogenous contractions in bank lending to non-financial corporations in the Euro Area, Germany, France, Italy and Spain using a Bayesian vector autoregressive model with endogenous hyperparameter selection and identification via sign restrictions. We focus...
Persistent link: https://www.econbiz.de/10012036741
Cover Image
Financial sector shocks, external finance premium and business cycle
Zhang, Hongru - 2011
This paper extends Nolan and Thoenissen (2009), hence NT, model with an explicit financial intermediary that transfer funds from households to entrepreneurs subject to a well defined loan production function. The loan productivity shock is treated as the supply side financial disturbance....
Persistent link: https://www.econbiz.de/10010288759
Cover Image
Bank loan supply shocks and alternative financing of non-financial corporations in the euro area
Mandler, Martin; Scharnagl, Michael - 2019
We analyse the macroeconomic effects of exogenous contractions in bank lending to non-financial corporations in the Euro Area, Germany, France, Italy and Spain using a Bayesian vector autoregressive model with endogenous hyperparameter selection and identification via sign restrictions. We focus...
Persistent link: https://www.econbiz.de/10012034573
Cover Image
Financial Sector Shocks, External Finance Premium and Business Cycle .
Zhang, ZHANG HONGRU - Economics Section, Cardiff Business School - 2011
This paper extends Nolan and Thoenissen (2009), hence NT, model with an explicit financial intermediary that transfer funds from households to entrepreneurs subject to a well defined loan production function. The loan productivity shock is treated as the supply side financial disturbance....
Persistent link: https://www.econbiz.de/10008876664
Cover Image
MONETARY POLICY AND THEDISTRIBUTION OF INCOME
Bhattacharya, Joydeep - Iowa State University of Science and Technology <Ames, … - 2003
in an economy. It presents a monetary growth model in which inflation affects credit market efficiency, and via this link … offspring which serve as internal finance, more of which promotes credit market efficiency and capital formation. Inflation acts … proceeds of the inflation tax to capitalists or workers, inflation decreases the steady-state capital stock, although the …
Persistent link: https://www.econbiz.de/10009418926
Cover Image
Slovak Republic; 2005 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2006
The Slovak Republic’s 2005 Article IV Consultation reports that sound macroeconomic management and a wide range of fundamental structural reforms are supporting nominal convergence with European Union norms. Real GDP growth accelerated to 6 percent in 2005, driven by an improvement in the...
Persistent link: https://www.econbiz.de/10011244180
Cover Image
Haiti; Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Augmentation of Access and Waiver of Nonobservance of Performance...
International Monetary Fund (IMF); International … - 2008
This paper discusses key findings of the Third Review Under the Poverty Reduction and Growth Facility (PRGF) for Haiti. Despite external shocks, program performance was solid in the first half of FY2008, with all but one quantitative performance criteria (PC) met. Most structural conditionality...
Persistent link: https://www.econbiz.de/10011244304
Cover Image
Iceland; 2007 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2007
This 2007 Article IV Consultation highlights that boom in private consumption in Iceland was facilitated by easing household credit conditions, tax cuts, rapidly rising housing and equity wealth, and an appreciating real exchange rate. As a result, the output gap peaked at over 5 percent in...
Persistent link: https://www.econbiz.de/10011244341