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This paper presents detailed insights into the microstructural characteristics of several African Lower and Lower-Middle Income Countries (LLMICs) foreign exchange markets and the implications of these characteristics for macroeconomic management. It draws on 13 semi-structured interviews with...
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We study asymmetric inflation effects of both conventional and unconventional monetary policy in the euro area during …
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. The world in 2022: slower growth, higher inflation, interest rate hikes .-- C. Effects on the region: large differences …
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channel (with direct and indirect effects), the commodity price channel (including terms of trade and inflation issues) and …. Financial channel .-- B. Macroeconomic effects. 1. Inflation and monetary policy. 2. Fiscal policy. 3. Economic activity …
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well to individual country samples. We found that household saving is still very sensitive to changes in inflation and real …
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