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Theoretical and practical approaches to fiscal consolidation: The experience of Romania
Leonida, Ionel - In: Financial Studies 22 (2018) 2 (80), pp. 65-76
Fiscal consolidation is a traditional concern, we can say at the European institutional level, ratified and gradually taken over by the member countries, implemented through the Stability and Growth Pact, and enshrined in the Treaty of Maastricht, which is part of the permanent bailouts of...
Persistent link: https://www.econbiz.de/10012484766
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Fiscal Soundness and the Triangle of Stability
Buck, Florian; Schuknecht, Ludger - In: Credit and Capital Markets – Kredit und Kapital 50 (2017) 2, pp. 171-187
Average gross general government debt-to-GDP ratios in advanced economies have almost reached their highest levels since WWII. Moreover, growing fiscal risks emerge from adverse fiscal-financial linkages and aging societies. Policy-makers should take advantage of the current economic recovery...
Persistent link: https://www.econbiz.de/10014521528
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Modeling which factors impact interest rates
Wang, Guizhou; Hausken, Kjell - In: Journal of Central Banking Theory and Practice 12 (2023) 2, pp. 211-237
the inflation rate, the deviation in real GDP (Gross Domestic Product), the deviation in money supply, the deviation in … weight to the deviation in unemployment rate, and moderate weights are assigned to the deviation in the inflation rate, the …
Persistent link: https://www.econbiz.de/10014558406
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A Stable and Social Europe: Fiscal Rules, a Stabilization Fund, Insolvency Rules, Gender Quota, Gender Pension Gaps, and Education. Reports
Fratzscher, Marcel; Kriwoluzky, Alexander; Michelsen, Claus - In: DIW Weekly Report 9 (2019) 16/18, pp. 148-159
Persistent link: https://www.econbiz.de/10012014957
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Stabiles und soziales Europa: Fiskalregeln, Stabilisierungsfonds, Insolvenzregeln, Gender Quote, Gender Pension Gaps, Bildung. Berichte
Weinhardt, Felix; Hammerschmid, Anna; Rowold, Carla; … - In: DIW Wochenbericht 86 (2019) 18, pp. 310-321
Persistent link: https://www.econbiz.de/10012016353
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Global Inflation and Global Monetary Policy Tightening: Implications for the Euro Area
Moessner, Richhild; Xia, Fan Dora; Zampolli, Fabrizio - In: Intereconomics 58 (2023) 3, pp. 151-154
Persistent link: https://www.econbiz.de/10014334700
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Social protection and revenue collection: How they can jointly contribute to strengthening social cohesion
Burchi, Francesco; von Schiller, Armin; Strupat, Christoph - In: International Social Security Review 73 (2020) 3, pp. 13-32
Social protection and revenue collection are often regarded as potential drivers of social cohesion. The article joins this debate, providing three main contributions. First, we carefully discuss the concept of social cohesion and endorse one specific definition. Second, we propose using the...
Persistent link: https://www.econbiz.de/10012509494
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Macroeconomic effects of Mobile money: Evidence from Uganda
Mawejje, Joseph; Lakuma, Corti Eliab Paul - In: Financial Innovation 5 (2019) 1, pp. 1-20
This study examined the effects of mobile money-a recent innovation in Uganda's financial-sector landscape-on aggregate economic activity and other macroeconomic variables. We first estimated the long-run mobile-money demand function using vector error correction (VEC) techniques, distinguishing...
Persistent link: https://www.econbiz.de/10012602818
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Interest rates and inflation: What are the links?
Sawyer, Malcolm - In: Intervention. European Journal of Economics and … 06 (2009) 1, pp. 81-96
inflation. It is argued that that there is a tendency to slip from arguments which that the rate of interest is related to the … price level to suggesting that the rate of interest is related to the rate of inflation. The neo-Wicksellian approach is … inflation. It is also argued that the route through the exchange rate does not support the view that higher interest rates will …
Persistent link: https://www.econbiz.de/10014363059
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A view on post-Keynesian interest rate policy
Argitis, Giorgos - In: Intervention. European Journal of Economics and … 08 (2011) 1, pp. 91-112
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor …
Persistent link: https://www.econbiz.de/10014363113