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Macroeconomic effects of a government overdraft on its central bank account
Khemraj, Tarron - 2024
, allowing for the auctioning of Treasury bills to create the liquidity reflux necessary to refill the account. This paper …
Persistent link: https://www.econbiz.de/10014531238
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The Russian economy amidst the war and sanctions
Astrov, Vasily; Kochnev, Artem; Stamer, Vincent; Teti, … - 2024
The marked turnaround in Russia's foreign trade in 2023 exerted strong downward pressure on the Russian rouble, which lost around 30% of its value. Global oil prices were declining in the first half of the year, the EU import embargo on Russian oil depressed prices even further; and on top of...
Persistent link: https://www.econbiz.de/10015065596
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Japan's low inflation conundrum
Mayer, Thomas; Schnabl, Gunther - 2022
The paper analyses the reasons for Japan's persistently low inflation since the bursting of the Japanese bubble economy … (low inflation conundrum). It is shown that Japan experienced a structural break from a high-growth period with relatively … creation in Japan's post-bubble period. With the price level being assumed to be dependent on both goods with free market …
Persistent link: https://www.econbiz.de/10013284915
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Testing Phillips curve in Sweden
Šimićević, Vanja; Lekavski, Emil - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 9 (2023) 1, pp. 22-38
The study aims to research the correlation between unemployment and inflation in Sweden between March 2020 - November 2021 to provide further insight into the validity of the Phillips curve. Previous research has found a contradictive relationship between unemployment and inflation. In addition,...
Persistent link: https://www.econbiz.de/10014496201
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Assessing monetary policy effectiveness in rich data environment
Hanif, Muhammad Nadim; Iqbal, Javed - 2016
Persistent link: https://www.econbiz.de/10011578470
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Revisiting limits and pitfalls of QE in emerging markets
Dăianu, Daniel; Alupoaiei, Alexie; Kubinsch, Matei - 2021
Persistent link: https://www.econbiz.de/10012792590
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The interactions of monetary and fiscal policies on inflation dynamics : a case of Ghana
Leshoro, Temitope Lydia A. - 2021
Persistent link: https://www.econbiz.de/10012665242
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Fiscal policy, monetary policy and price volatility : evidence from an emerging economy
Le Thanh Tung - In: Organizations and markets in emerging economies 12 (2021) 1, pp. 57-70
Vietnam is an Asian emerging country, which now is ranked in the group of the fastest-gro- wing economies worldwide. However, this economy has faced galloping inflation in recent years. So the Vietnamese experience is a valuable reference for the policymakers in the developing world in order to...
Persistent link: https://www.econbiz.de/10012666881
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Mechanisms of default risk transmission and economic policy coordination
Junior, Karlo Marques; Correia, Fernando Motta - In: CEPAL review (2016) 120, pp. 31-49
Persistent link: https://www.econbiz.de/10011685016
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Monetary & fiscal policy implications for rising government debt under labor endogeneity
Hazra, Devika - In: Journal of economic research 22 (2017) 3, pp. 253-267
Persistent link: https://www.econbiz.de/10011789875