Showing 61 - 70 of 347
The European Union Emissions Trading Scheme is the first international cap-and-trade program for carbon dioxide and the largest carbon pricing regime in the world. A significant concern over the Emissions Trading Scheme has been the potential impact on the competitiveness of industry. Using data...
Persistent link: https://www.econbiz.de/10011395938
Persistent link: https://www.econbiz.de/10011281619
Persistent link: https://www.econbiz.de/10011373746
Persistent link: https://www.econbiz.de/10011342220
Persistent link: https://www.econbiz.de/10011696368
This paper presents estimates of potential output for all Central American economies. Our findings are that potential output growth has declined in recent years in most economies of Central America. Lower capital accumulation and TFP growth are accounting for most of this decline. Apart from...
Persistent link: https://www.econbiz.de/10011716333
India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this context, the paper draws on Indian macroeconomic developments since 2000 and the experience of other...
Persistent link: https://www.econbiz.de/10011716577
This paper outlines the key features of the production version of the quarterly projection model (QPM), which is a forward-looking open-economy gap model, calibrated to represent the Indian case, for generating forecasts and risk assessment as well as conducting policy analysis. QPM incorporates...
Persistent link: https://www.econbiz.de/10011716581
Persistent link: https://www.econbiz.de/10011736003
Estimates of potential output are an important component of a structured forecasting and policy analysis system. Using information on capacity utilization, this paper extends the multivariate filter developed by Laxton and Tetlow (1992) and modified by Benes and others (2010), Blagrave and...
Persistent link: https://www.econbiz.de/10011704412