Showing 51 - 60 of 190,473
-run relationships: an output equation as predicted by theory and an equation linking foreign and domestic inflation rates. It is shown …
Persistent link: https://www.econbiz.de/10009401201
This paper investigates convergence and dynamic effects of human and physical capital on growth, in WAEMU countries. Using recently developed models for panel data and a growth accounting model, the study finds that growth is largely explained by changes in literacy rates and factor...
Persistent link: https://www.econbiz.de/10005263809
This paper analyzes the sources of Mexico's economic growth since the 1960s and compares various decompositions of historical growth into its trend and cyclical components. The role of the implied output gaps in the inflationary process is then assessed. Looking ahead, the paper presents...
Persistent link: https://www.econbiz.de/10005604901
Interest rate pass-through from policy interest rates to market rates and inflation has been hypothesized to play a …
Persistent link: https://www.econbiz.de/10005826351
This paper develops an approach for forecasting in Thailand core inflation. The key innovation is to anchor the … projections derived from the short-term time-series properties of core inflation to its longer-run evolution. This involves … goodness-of-fit criteria, with an equilibrium-correction model that pins down the convergence of core inflation to its longer …
Persistent link: https://www.econbiz.de/10005605247
, we propose the joint implementation of two new methodologies, namely the conditional probability of default (CoPoD …
Persistent link: https://www.econbiz.de/10005263920
competitive conduct of financial institutions and banking system fragility. Using the Panzar and Rosse H-Statistic as a measure …
Persistent link: https://www.econbiz.de/10005825680
This paper discusses key findings of the Second Review for Kenya under the Extended Credit Facility (ECF). Program implementation during the first half of 2011 was in line with the objectives. All quantitative performance criteria and indicative targets for June 2011 have been met. The...
Persistent link: https://www.econbiz.de/10011243060
This paper discusses key findings of the Sixth and Final Review Under the Stand-By Arrangement for Paraguay. The program remains broadly on track. All performance criteria for end-March 2008 were met, and those for end-June 2008 are expected to have been observed. With one exception, all...
Persistent link: https://www.econbiz.de/10011244416
Unconventional central bank measures are playing a key policy role for many advanced economies in the 2007-09 global crisis. Are they playing a similar role for emerging economies? Emerging economies have widely used unconventional foreign exchange and domestic short-term liquidity easing...
Persistent link: https://www.econbiz.de/10008540919