Results 21 to 30 of about 107,311 (121)
The monetary mechanics of the crisis [PDF]
In response to the financial and economic crisis, central banks, unlike in the 1930s, have created enormous amounts of money. There are fears that this will lead to inflation, but it is base money (the central bank's liabilities) that has expanded; total
Jürgen von Hagen
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The next generation of digital currencies: in search of stability. Bruegel Policy Contribution Issue #15 December 2019 [PDF]
, 2019 Four major developments have challenged the status quo and reopened the debate on the forms that money will take in the future: 1) use of cash as a medium of exchange has declined; 2) distributed ledger technology (DLT) has led to the emergence of ...
Claeys, Grégory, Demertzis, Maria
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The Art of Gracefully Exiting a Peg [PDF]
The wave of liberalization of capital movements, which swept Europe in the 1980s and the emerging market countries in the 1990s, has given rise to the two-corner strategy.
Asici, Ahmet, Wyplosz, Charles
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Review of the Reserves and Operable Capability Markets: New England's Experience in the First Four Months [PDF]
I review the performance of the operating reserves and the operable capability markets in New England. The review covers the first four months of operation from May 1 to August 31, 1999.
Peter Cramton
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Polar Oceans in Peril and a Planet at Risk [PDF]
, 2009 The snow-covered lands and icy waters of these polar regions are, for many people, the purest examples of true wilderness left on this planet. While the Arctic has been home to indigenous peoples for millennia, Antarctica has only played host to visiting
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Improving Policy Credibility: Is There a Case for African Monetary Unions? [PDF]
This paper analyses the experience with monetary policy in African countries which have participated in rule-based international monetary arrangements (CFA Franc Zone, Eastern African Currency Board and Rand Monetary Area).
David Stasavage, Dominique Guillaume
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The transmission of US shocks to Latin America [PDF]
I study whether and how US shocks are transmitted to eight Latin American countries. US shocks are identified using sign restrictions and treated as exogenous with respect to Latin American economies.
Fabio Canova
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Hard Choices: Navigating the Economic Shock of Unemployment [PDF]
, 2013 During the Great Recession of 2007 to 2009, millions of Americans faced severe economic hardship, forcing difficult decisions about how to stabilize their families' financial well-being and prevent downward economic mobility.
Hannah Thomas +5 more
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Exchange Rate Policy in Chile: From the Band to Floating and Beyond [PDF]
As many countries worldwide, Chile has experienced virtually all the menu of options of exchange rate policies in the last 40 years – with the sole exception of giving up its national currency.
Felipe G. Morandé, Matías Tapia
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Eliminating the Flaws in New England's Reserve Markets [PDF]
New England’s wholesale electricity market has been in operation, since May 1, 1999. When the market began it was understood that the rules were not perfect (Cramton and Wilson 1998).
Jeffrey Lien, Peter Cramton
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