The impacts of fluctuations of exchange rates of foreign hard currencies are well documented in economics literature. There are measures taken over by countries to absorb their impacts on income, employment and national economies ability to function and produce. However, distortions are observed...

This policy brief reports on the nominal GDP (NGDP) gap, a measure of the stance of US monetary policy, is the percent difference between the actual level and the neutral level of NGDP. The neutral level of NGDP is the dollar size of the economy when monetary policy has been neither expansionary...

This policy brief reports on the NGDP gap, a measure of unexpected changes in the dollar size of the US economy, is the percent difference between the actual and the neutral level of NGDP. The neutral level of NGDP, in turn, is a sum of all dollar incomes expected by households and businesses...

One of the most important questions facing the Federal Reserve (Fed) is also one of the hardest for it to answer: What is the current stance of monetary policy? The answer to this question is straightforward in theory, but is quite challenging to apply in practice. Despite many valiant efforts...

Romanian Abstract: Articolul de faţă prezintă evoluţia economică a Olandei în 2012 şi previziunile pentru 2013-2014. Analiza indicatorilor macroeconomici precum PIB, rata inflaţiei, rata şomajului, volumul exporturilor sau al importurilor indică faptul că economia finlandeză va...

Romanian Abstract: Articolul de faţă prezintă evoluţia economică a Finlandei în 2012 şi previziunile pentru 2013-2014. Analiza indicatorilor macroeconomici precum PIB, rata inflaţiei, rata şomajului, volumul exporturilor sau al importurilor indică faptul că economia finlandeză va...

Rezumat în limba română: Articolul de faţă prezintă evoluţia economică a Finlandei în 2015 şi previziunile pentru 2016-2017. Analiza indicatorilor macroeconomici precum PIB, rata inflaţiei, rata şomajului, volumul exporturilor sau al importurilor indică faptul că, în 2015,...

The Database of Global Economic Indicators (DGEI) from the Federal Reserve Bank of Dallas is aimed at standardizing and disseminating world economic indicators for policy analysis and scholarly work on the role of globalization. The purpose of DGEI is to offer a broad perspective on how economic...

The latest world economic and financial crisis highlighted problems in macroeconomic policies pursued by developed economies as well as the necessity of searching for an effective regulatory framework. In particular, doubts have occurred in the indisputability of advantages of inflation...