Economic and Monetary Union (EMU) can be characterised as a complicated set of legislation and institutions governing monetary and fiscal responsibilities.The measures of fiscal responsibility are to be guided by the Stability and Growth Pact (SGP), which sets rules for fiscal policy and makes a...

This thesis consists of four essays in empirical macroeconomics. The first three essays examine the conduct of monetary policy during a disinflationary and deflationary era, with the policy interest rates close to or at the zero bound.The questions of interest include the potency of the interest...

We estimate the causal effect of cash grants on household finance and business survival following a natural disaster. Disaster-affected individuals in high damage blocks with access to cash grants have 17% less credit card debt following the disaster than those without access to cash grants....

Post-Harvest Losses (PHL) are considered to pose important economic losses for farmers in developing countries. This paper examines the effects of an intervention in Tanzania, aimed at reducing PHL of maize growing farmers during maize storage. Farmers were invited to attend a training on best...

At present, computational methods have received considerable attention in economics and finance as an alternative to conventional analytical and numerical paradigms. This Special Issue brings together both theoretical and application-oriented contributions, with a focus on the use of...

Seit nahezu einem Jahr sehen sich Gesellschaft und Wirtschaft erheblichen Belastungen durch die gesundheitliche Bedrohung der Corona-Pandemie und den dadurch ausgelösten Beschränkungen ausgesetzt. Die Folgen waren bisher eine der schwersten Wirtschaftskrisen in der Geschichte der...

Although the structure of International Trade has changed significantly in favour of manufactures, primary commodities remain extremely important for several developing as well as Least Developed Countries. A large number are still dependent on a limited basket of primary commodities for their...