This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: American Economic Policy in the 1980s
... 1980s. This is combined with an effort to interpret the effects that monetary policy was having on the evolution of the economy and to assess critically the conduct of that policy. The interpretative effort is based not on a formally specified, statistically estimated econometric model, but rather o ...
... 1980s. This is combined with an effort to interpret the effects that monetary policy was having on the evolution of the economy and to assess critically the conduct of that policy. The interpretative effort is based not on a formally specified, statistically estimated econometric model, but rather o ...
Unit III-Economics-Lesson1.TH - Virtual Enterprises International
... our soils can easily lose quality enough that they will no longer be able to encourage growth and sustain life. If that happens, future civilizations will be void of crop and other natural sources of food. They will then have no other choice but to create man-made sources for nourishment and sustena ...
... our soils can easily lose quality enough that they will no longer be able to encourage growth and sustain life. If that happens, future civilizations will be void of crop and other natural sources of food. They will then have no other choice but to create man-made sources for nourishment and sustena ...
Dreher ge08 6483485 en
... important, but more indirect, channel is what we call the “scapegoat-channel.” By allowing policymakers to shift the blame for unpopular policies onto the Fund and thus increasing their chances of political survival, the IMF can enhance the chances that economically sensible policies will in fact be ...
... important, but more indirect, channel is what we call the “scapegoat-channel.” By allowing policymakers to shift the blame for unpopular policies onto the Fund and thus increasing their chances of political survival, the IMF can enhance the chances that economically sensible policies will in fact be ...
Chapter 4: Commodity Price Swings and Commodity Exporters
... 11For each indicator, we take the cross-sample median value of the country averages. 12See Heenan, Peter, and Roger (2006) and Roger (2010) for cross-country evidence on the adoption of inflation targeting. Batini and Laxton (2005) find that emerging and developing economies that adopted inflation t ...
... 11For each indicator, we take the cross-sample median value of the country averages. 12See Heenan, Peter, and Roger (2006) and Roger (2010) for cross-country evidence on the adoption of inflation targeting. Batini and Laxton (2005) find that emerging and developing economies that adopted inflation t ...
The National Informal Economy Policy 2011-2015
... element in the private enterprise system that PNG needs to build. The policy will set out to achieve the maximum participation of citizens, rural and urban, male and female, in the economic opportunities offered by a dynamic and diversified informal economy. It will do so by creating an enabling pol ...
... element in the private enterprise system that PNG needs to build. The policy will set out to achieve the maximum participation of citizens, rural and urban, male and female, in the economic opportunities offered by a dynamic and diversified informal economy. It will do so by creating an enabling pol ...
Five Key Debates in the Social Science Literature.
... the internet has accelerated cross-border exchange during the 1990s, although less than two or three percent of the population has access to it in most countries except the very rich ones (Guillén & Suárez 2001). It is perhaps ironic to observe that the fastest increase among the indicators includ ...
... the internet has accelerated cross-border exchange during the 1990s, although less than two or three percent of the population has access to it in most countries except the very rich ones (Guillén & Suárez 2001). It is perhaps ironic to observe that the fastest increase among the indicators includ ...
Marco Cangiano , E. Baldacci , S. Mahfouz , andAxel Schimmelpfenning The Effectiveness of Fiscal Policy in Stimulating Economic Activity: An Empirical Investigation (Second IMF Research Conference)..
... other hand, since the actual balance is likely to be influenced by real GDP growth, it will be necessary to account for possible endogeneity bias (see Sections III and V). B. Data One of the objectives of this study is to have as broad a coverage of countries and episodes as possible. As a result, t ...
... other hand, since the actual balance is likely to be influenced by real GDP growth, it will be necessary to account for possible endogeneity bias (see Sections III and V). B. Data One of the objectives of this study is to have as broad a coverage of countries and episodes as possible. As a result, t ...
Urban world: The shifting global business landscape
... global corporate competition. Emerging regions are not just a collection of new consumer markets or a source of cheap—and increasingly skilled—labor. They are also giving rise to thousands of new companies that are quickly reaching significant scale, and changing competitive business dynamics around ...
... global corporate competition. Emerging regions are not just a collection of new consumer markets or a source of cheap—and increasingly skilled—labor. They are also giving rise to thousands of new companies that are quickly reaching significant scale, and changing competitive business dynamics around ...
What We Talk About When We Talk About “Global Mindset”
... Perlmutter’s notion of geocentrism serves as an underlying construct for many of the contemporary conceptualizations of global mindset that focus on the challenge of overcoming ingrained ethnocentrism and transcending nationally-entrenched perceptions (Maznevski and Lane, 2004; Doz, et al., 2001; Ad ...
... Perlmutter’s notion of geocentrism serves as an underlying construct for many of the contemporary conceptualizations of global mindset that focus on the challenge of overcoming ingrained ethnocentrism and transcending nationally-entrenched perceptions (Maznevski and Lane, 2004; Doz, et al., 2001; Ad ...
2014-III
... food products followed a moderate course on the back of the Turkish lira appreciation. Therefore, indicators for both the underlying inflation and the pricing behavior improved from the first quarter. The inflation outlook is expected to be governed mainly by the course of economic activity, exchang ...
... food products followed a moderate course on the back of the Turkish lira appreciation. Therefore, indicators for both the underlying inflation and the pricing behavior improved from the first quarter. The inflation outlook is expected to be governed mainly by the course of economic activity, exchang ...
Exploring the Dynamics of Global Liquidity
... differently, “liquidity” as measured here, is the degree to which institutions can borrow—as measured by the liability side of the balance sheets—and to expand and contract balance sheets through increases in leverage or consolidation based on collateral valuations. A key advantage of the current fu ...
... differently, “liquidity” as measured here, is the degree to which institutions can borrow—as measured by the liability side of the balance sheets—and to expand and contract balance sheets through increases in leverage or consolidation based on collateral valuations. A key advantage of the current fu ...
... Having highlighted the uncertainties regarding the global economy in its August and September meetings, the MPC stated the significance of closely monitoring the developments and taking necessary policy measures without any delay. In this context, with an emphasis on downside risks, the MPC also rei ...
'The Economics of the Recession'
... Limits to what can be lent and limits to what a country can carry into recovery. Amazingly there are signs that some parts of the political world need to learn these lessons all over again. As Michael Saunders of Citi Group, one of the few leading economists who foresaw the current crisis, put it la ...
... Limits to what can be lent and limits to what a country can carry into recovery. Amazingly there are signs that some parts of the political world need to learn these lessons all over again. As Michael Saunders of Citi Group, one of the few leading economists who foresaw the current crisis, put it la ...
1 Principles of Macroeconomics, 9e
... 29) The implementation lag for monetary policy tends to be much shorter than for fiscal policy for all of the following reasons EXCEPT A) fiscal policy changes requires both houses of Congress and the President to act. B) monetary changes only require the Fed to act.. C) fiscal policy usually requir ...
... 29) The implementation lag for monetary policy tends to be much shorter than for fiscal policy for all of the following reasons EXCEPT A) fiscal policy changes requires both houses of Congress and the President to act. B) monetary changes only require the Fed to act.. C) fiscal policy usually requir ...
International Institutions and Domestic Compensation: The IMF and the Politics of Financial Liberalization
... and thereby facilitate the political acquiescence of adversely affected domestic interest groups. We believe that scholars have understated the potential influence of international institutions on state behavior as a result of overlooking this domestic compensation channel. We illustrate our argumen ...
... and thereby facilitate the political acquiescence of adversely affected domestic interest groups. We believe that scholars have understated the potential influence of international institutions on state behavior as a result of overlooking this domestic compensation channel. We illustrate our argumen ...
NBER WORKING PAPER SERIES STABILIZING EXPECTATIONS UNDER MONETARY AND FISCAL POLICY COORDINATION
... (2007), Evans and Honkapohja (2003, 2005, 2006), Preston (2005, 2006, 2008) — but is most directly related to Evans and Honkapohja (2007) and Eusepi and Preston (2007a). The former paper considers the interaction of monetary and …scal policy in the context of Leeper’s model under learning dynamics r ...
... (2007), Evans and Honkapohja (2003, 2005, 2006), Preston (2005, 2006, 2008) — but is most directly related to Evans and Honkapohja (2007) and Eusepi and Preston (2007a). The former paper considers the interaction of monetary and …scal policy in the context of Leeper’s model under learning dynamics r ...
digital globalization: the new era of global flows
... economic value of participating in global flows—and we further find that data flows account for a substantial portion of that impact. Both inflows and outflows matter for growth as they circulate ideas, research, technologies, talent, and best practices around the world. Today’s more digital form of ...
... economic value of participating in global flows—and we further find that data flows account for a substantial portion of that impact. Both inflows and outflows matter for growth as they circulate ideas, research, technologies, talent, and best practices around the world. Today’s more digital form of ...
A FAIR GLOBALIZATION: CREATING OPPORTUNITIES FOR ALL
... nascent sense of interdependence, commitment to shared universal values, and solidarity among peoples across the world can be channelled to build enlightened and democratic global governance in the interests of all. The global market economy has demonstrated great productive capacity. Wisely managed ...
... nascent sense of interdependence, commitment to shared universal values, and solidarity among peoples across the world can be channelled to build enlightened and democratic global governance in the interests of all. The global market economy has demonstrated great productive capacity. Wisely managed ...
COMMON MARKET FOR EASTERN AND SOUTHERN AFRICAN
... countries in the exchange rate mechanism (ERM) of the European Monetary System (EMS) that was replaced with the ERM II on January 1, 1999. There is a limited degree of monetary policy discretion, depending on the bandwidth. The three countries are: Slovak Republic, Syria, and Tonga. e) Crawling Peg ...
... countries in the exchange rate mechanism (ERM) of the European Monetary System (EMS) that was replaced with the ERM II on January 1, 1999. There is a limited degree of monetary policy discretion, depending on the bandwidth. The three countries are: Slovak Republic, Syria, and Tonga. e) Crawling Peg ...
Good Booms, Bad Booms
... loans cannot obtain them anymore and output goes down – a crisis. Immediately after the crash fewer firms operate, average productivity improves and the process restarts - a sequence of bad booms. We characterize the set of parameters under which the economy experiences an endogenous credit cycle, w ...
... loans cannot obtain them anymore and output goes down – a crisis. Immediately after the crash fewer firms operate, average productivity improves and the process restarts - a sequence of bad booms. We characterize the set of parameters under which the economy experiences an endogenous credit cycle, w ...
The International Monetary Fund: 70 Years of Reinvention
... As recently as 2008, the International Monetary Fund (IMF) seemed to be winding down its business. After the Argentine and Uruguayan crises of 2001-2003, the world had been comparatively free of financial crises. IMF lending, whether expressed as a share of world GDP or imports, fell to its lowest l ...
... As recently as 2008, the International Monetary Fund (IMF) seemed to be winding down its business. After the Argentine and Uruguayan crises of 2001-2003, the world had been comparatively free of financial crises. IMF lending, whether expressed as a share of world GDP or imports, fell to its lowest l ...
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... As recently as 2008, the International Monetary Fund (IMF) seemed to be winding down its business. After the Argentine and Uruguayan crises of 2001-2003, the world had been comparatively free of financial crises. IMF lending, whether expressed as a share of world GDP or imports, fell to its lowest l ...
... As recently as 2008, the International Monetary Fund (IMF) seemed to be winding down its business. After the Argentine and Uruguayan crises of 2001-2003, the world had been comparatively free of financial crises. IMF lending, whether expressed as a share of world GDP or imports, fell to its lowest l ...
... and domestic economic activity contracts may require an easing in all policy instruments. Even if debt problems in the euro area are resolved before they turn into a global crisis, it is still likely to experience a prolonged period of weak economic activity in advanced economies coupled with contin ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.