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unemployment rate and money growth in influencing economic outcomes are also discussed. Today's standard theoretical approach to …
Persistent link: https://www.econbiz.de/10012269144
lead to unemployment surges, as firms are forced to cut costs when financing becomes expensive or is no longer available …. As a result, all countries with risk premium shocks saw unemployment surge, even as euro area core countries managed to … contain unemployment as firms hoarded labor during the downturn. Most striking, wage bills in euro area crisis countries and …
Persistent link: https://www.econbiz.de/10012009587
Persistent link: https://www.econbiz.de/10011998325
This paper develops a model of the public and private provision of liquidity and its relation to unemployment. We … provision of liquidity to the OTC market and the need to keep the cost of financing firms low. When the unemployment is …
Persistent link: https://www.econbiz.de/10010959978
The staff report for the 2006 Article IV Consultation on Botswana highlights economic developments and monetary and exchange rate policy. Botswana’s growth has been fueled by continued increases in diamond production; and real diamond output is projected to level off, and then decline...
Persistent link: https://www.econbiz.de/10011244994
This paper on Romania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 13, 2012. The views expressed in this...
Persistent link: https://www.econbiz.de/10011245066
This 2007 Article IV Consultation highlights that real GDP in South Africa grew by 5 percent in 2006 and continued to grow vigorously in early 2007. Growth was driven by strong domestic demand, with private consumption and investment spending supported by continuing robust consumer and business...
Persistent link: https://www.econbiz.de/10011245818
This paper uses the panel analysis approach to deal with the impact of oil price shocks, unemployment and interest … for the US and the EU economy. In both sets of data, current inflation is heavily affected by unemployment, as expected … (unlike in the case of the EU), while unemployment plays a more substantial role in the USA in affecting inflation level. Oil …
Persistent link: https://www.econbiz.de/10009352790
Remarks at Fordham University's Gabelli School of Business, Bronx, New York.
Persistent link: https://www.econbiz.de/10009366963
Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.
Persistent link: https://www.econbiz.de/10009366964