Results 91 to 100 of about 13,464 (272)
A critical look at green energy policies
Economic Affairs, EarlyView.
Lawrence Haar
wiley +1 more source
Monetary and Macroprudential Policies under Dollar‐Denominated Foreign Debt
Journal of Money, Credit and Banking, EarlyView.Abstract This paper studies monetary and macroprudential policies in a small open economy that borrows from abroad in foreign currency. The model features a novel mechanism in which exchange rate depreciation triggered by a borrowing constraint is amplified through balance of payments adjustments, increasing the real burden of foreign debt and causing ...
HIDEHIKO MATSUMOTO
wiley +1 more source
Gospodarka Narodowa. The Polish Journal of Economics, 2017 In February 2016, the Polish government adopted an Action Plan for Responsible Development and in July it came up with a draft Strategy for Responsible Development that was finally approved in February 2017.
Maciej Holko
doaj +1 more source
Taylor Rule Deviations Across Horizons: A Practical Tool for Monetary Policy
Journal of Money, Credit and Banking, EarlyView.Abstract We propose “Taylor rule yields” across horizons for the United States. Applying the standard Taylor rule to expected paths of inflation and the output gap, we construct a sequence of short‐term rates under neutral monetary policy stances, whose average defines the Taylor rule yield at each horizon.
MASAZUMI HATTORI +2 more
wiley +1 more source
Policy Relevance of Development Economics Revisited
Asian Development Review, 1989 The state of development economics has recently been the subject of a great deal of discussion. This debate has been initiated by Albert Hirschman’s illuminating paper which traced the extraordinarily productive tensions surrounding the birth of a new ...
Hiroshi Kitamura
doaj +1 more source
Policy Biases in a Model with Labor‐Market Frictions
Journal of Money, Credit and Banking, EarlyView.Abstract We develop a model with labor‐market matching frictions that is subject to a range of shocks, including shocks to matching efficiency and bargaining power, and use the model to examine how monetary policy should respond to such shocks. We show that optimal monetary policy responds effectively to these shocks, producing economic outcomes that ...
RICHARD DENNIS, TATIANA KIRSANOVA
wiley +1 more source
The Welfare and Distributional Consequences of Corporate Tax Cuts in Open Economies
Journal of Money, Credit and Banking, EarlyView.Abstract We develop an open‐economy heterogeneous household model with incomplete markets to quantitatively evaluate the welfare and distributional effects—both within and across countries—of the corporate tax cut (Tax Cuts and Jobs Act, TCJA) implemented in the U.S. in 2017. The model allows for examining outcomes under various possibilities including
MAMOON KADER +3 more
wiley +1 more source
A Dynamic, Keynesian Model of Development [PDF]
The Harrod-Domar growth model is extended in a way that introduces the possibility of persistent excess capacity as a potential source of slow growth. This extended model has five growth rates, which must be equal for there to be a full-employment, full ...
Michael P. Shields, Richard Grabowski
core
Journal of Economic Surveys, EarlyView.ABSTRACT The post‐pandemic inflationary spike brought inflation back to the forefront of academic research. In the debate about the origin and nature of the 2020s inflation, economists have been divided into the following two main camps: the demand‐pull camp, which attributed inflation to excess demand and linked it to fiscal and monetary stimulus put ...
Vicente Ferreira
wiley +1 more source
Keynesian Theory in "Macroeconomics" Course for non-core faculties
Vestnik MGIMO-Universiteta, 2016 The article deals with the issues related to the teaching of Keynesian theory within the scope of macroeconomics course at the faculties of non-economic professions.
Tatyana Ivanovna Kurnosova +1 more
doaj +2 more sources