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Macroeconomic determinants of FDI are seldom analyzed from the perspective of source countries, priority being generally given to host country characteristics. In a gravity set-up, we analyze FDI flows from European Union to MENA economies. We find that European investment to our MENA host...
Persistent link: https://www.econbiz.de/10010899395
Cet article propose une évaluation de la relation entre l'incertitude émanant de la volatilité de l'inflation et la … croissance économique des pays de l'UEMOA. Il s'interroge également sur les répercussions des chocs d'inflation sur l … différentes caractéristiques des chocs d'inflation dans l'union, et d'autre part, les liens entre l'inflation incertaine et la …
Persistent link: https://www.econbiz.de/10010899408
Most of countries covered by natural forests are developing countries, with limited ability to levy taxes and restrained access to international credit markets; consequently, they are amenable to draw heavily on two sources of government financing, namely seigniorage and deforestation revenues....
Persistent link: https://www.econbiz.de/10010899412
La notion de ciblage d'inflation (inflation targeting) a provoqué de nombreuses discussions ces vingt dernières années …. Il en ressort une remise en cause de la thèse classique sur la nature purement monétaire de l'inflation et, par la même … occasion du principe que l'inflation la plus basse est toujours la meilleure. La notion même d'output gap montre que le niveau …
Persistent link: https://www.econbiz.de/10010899654
Cet article propose une évaluation de la relation entre l'incertitude émanant de la volatilité de l'inflation et la … croissance économique des pays de l'UEMOA. Il s'interroge également sur les répercussions des chocs d'inflation sur l … différentes caractéristiques des chocs d'inflation dans l'union, et d'autre part, les liens entre l'inflation incertaine et la …
Persistent link: https://www.econbiz.de/10010899801
Maastricht criteria are well known to be arbitrarily designed. To top it all off, times and again they’ve been only briefly fulfilled and –worse even- often manipulated with. Among them, fiscal criteria and overall Stability and Growth Pact are perhaps the most controversial of all, as...
Persistent link: https://www.econbiz.de/10010900097
Persistent link: https://www.econbiz.de/10010900590
Persistent link: https://www.econbiz.de/10010900602
inflation. In terms of the sticky information theory, this environment may provide few incentives for agents to update … information on inflation and then a new slope of the sticky information Phillips curve should be observed. We estimate the degree … threshold models we identify regimes of high and low inflation and find that each regime is associated with a specific degree of …
Persistent link: https://www.econbiz.de/10010900654
Inflation produces adverse effects to growth in economies. However, economic analysis faces aproblem of determining the … threshold at which inflation becomes harmful to the economy. Inthis article we try to determine the inflation rate favorable to …
Persistent link: https://www.econbiz.de/10010691836