Download or read book Founding Choices written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2011-01-15 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers of the National Bureau of Economic Research conference held at Dartmouth College on May 8-9, 2009.
Download or read book Journal of Economic Dynamics Control written by and published by . This book was released on 1991 with total page 840 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Issues in Positive Political Economy written by Syed Mansoob Murshed and published by Routledge. This book was released on 2002-05-09 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of contributed work is concerned mainly with developments in the neo-classical tradition of political economics, and examines the role played by rational choice in the decision-making processes of firms and the state.
Download or read book This Time Is Different written by Carmen M. Reinhart and published by Princeton University Press. This book was released on 2011-08-07 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: An empirical investigation of financial crises during the last 800 years.
Download or read book Credibility and Exchange Rate Management in Developing Countries written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1991-09-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines the role of credibility in the conduct of exchange rate policy in developing countries, The analysis is based on a model in which policymakers are concerned about inflation and external competitiveness. Price setters in the nontraded goods sector of the economy adjust prices in reaction to anticipated fluctuations in the domestic price of tradable goods. This type of model is showm to generate a “devaluation bias” which undermines the credibility of a fixed exchange rate. The effect of reputational factors, signaling considerations, and joining a currency union as possible solutions to this bias is examined.
Download or read book Democracy Governance and Economic Performance written by Yi Feng and published by MIT Press. This book was released on 2003 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and empirical examination of why political institutions and organizations matter in economic growth.
Download or read book The Hyperinflation Model of Money Demand Revisited written by Mark P. Taylor and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Download or read book Trust What You Hear Policy Communication Expectations and Fiscal Credibility written by Mr. Nicolas End and published by International Monetary Fund. This book was released on 2022-02-18 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do policy communications on future f iscal targets af fect market expectations and beliefs about the future conduct of f iscal policy? In this paper, we develop indicators of f iscal credibility that quantify the degree to which policy announcements anchor expectations, based on the deviation of private expectations f rom official targets, for 41 countries. We find that policy announcements partly re-anchor expectations and that f iscal rules and strong fiscal institutions, as well as a good policy track record, contribute to magnifying this effect, thereby improving fiscal credibility. Conversely, empirical analysis suggests that markets reward credibility with more favorable sovereign financing conditions.
Download or read book Lessons of Economic Stabilization and Its Aftermath written by Banḳ Yiśraʼel and published by MIT Press. This book was released on 1991 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises essays presented at a conference held in Jerusalem in 1990.
Download or read book The Handbook of Inflation Hedging Investments written by Robert Greer and published by McGraw Hill Professional. This book was released on 2005-12-30 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authoritative chapters written by executives at Goldman Sachs, PIMCO, the Chicago Mercantile Exchange, and others Covers key assets that protect against inflation--real estate, commodities, precious metals, inflation-linked bonds, CPI futures, and timber
Download or read book Financial Crises Explanations Types and Implications written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2013-01-30 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.
Download or read book Democratizing Money written by Beat Weber and published by Cambridge University Press. This book was released on 2018-05-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lack of confidence in monetary institutions after the recent financial crash has led to a resurgence of public debate on the topic of monetary reform, reaching a level of political prominence unprecedented since the period after the Great Depression. Whether privatizing money with Bitcoin, regionalizing it with regional currencies, or turning it into a state monopoly with either sovereign money or 'Modern Monetary Theory, the only economic utopians able to draw public attention in our post-crash world seem to be monetary reformers. Weber provides the first proper economic analysis of these modern monetary reform proposals, exposing their flaws and fallacies through critical examination. From academics studying the political economy of finance to economic sociologists studying financial institutions, this book will appeal to scholars and students interested in monetary reform proposals and the viability of alternative currency systems, and more broadly, readers seeking a contemporary understanding of what money is and how it works today.
Download or read book Cybercash written by Robert Guttmann and published by Springer. This book was released on 2002-10-22 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cybercash refers to the creation and circulation of online money. The author applies economic analysis to this new form of electronic money to understand how it will enable the internet to re-establish itself as the dynamic centre of the new economy and how this new money form will become the dominant payment mechanism rivalling cash, paper cheques or credit cards. This will be the first book to look at the coming era of electronic money within the broader context of the economy.
Download or read book A Chaotic Monetary Model of the Exchange Rate written by Paul de Grauwe and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomic Policy Regimes in Western Industrial Countries written by Hansjörg Herr and published by Routledge. This book was released on 2011-02-15 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomic Policy Regimes in Western Industrial Countries explains how certain countries have created a more liberal and market-based type of capitalism. The emphasis throughout is on how understanding macroeconomic policies, and the institutional framework in which they operate, is vital to understanding the long-run dynamics of a capitalist economy
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2013-07-11 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This staff report discusses Seychelles 2013 Article IV Consultation, Seventh Review Under the Extended Arrangement and Request for Modification of Performance Criterion. The repayment of domestic debt, a preference for foreign financing, and shallow domestic financial markets have resulted in significant structural rupee liquidity in the banking system. Tourism has been the main driver of growth, but there is a tension with the number of tourists the islands can absorb. Despite the challenging global environment, tourist arrivals have grown strongly, with diversification toward nontraditional markets more than offsetting stalling European arrivals. The Seychellois rupee is broadly in line with medium-term fundamentals, and tourism remains competitive among peers.
