Das renommierte Institut für Wirtschaftsforschung (ifo) an der Universität München gibt dieses sehr gut aufgemachte, stabile, preisgünstige Handbuch und Nachschlagewerk heraus mit 120 konzentrierten Beiträgen in 12 Themenkomplexen zu wichtigen, zukunftsweisenden Themen - verpflichtet dem...

Interest rates play a key role in free market economies. According to the Taylor rule, shortterm interest rates depend on deviations of the current inflation rate from a normative value and of the output gap. Given the difficulty of observing the output gap, we postulate that alternative...

This paper proposes a macro-prudential financial soundness analysis that can be used by most developing and transformation countries with or without crisis experience as well as by developed countries with limited data. The objective is to detect economic and financial sector vulnerability,...