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Ian Gilmour and One Nation Conservatism
This article examines the place of Ian Gilmour (1926-2007) within the “One Nation” conservative tradition. First, it examines possible definitions of “One Nation” conservatism, rejecting claims that one can fully find its origins in the writings of ...
Edmund Neill
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Do Internet‐Driven Trade Shocks Moderate the Exchange Rate Pass‐Through to Inflation?
ABSTRACT This study examines the existence of an internet globalisation intensifying impact on the size of the exchange rate pass‐through (ERPT) to inflation, which conditions the response of central banks' policy rates. Expanding on the traditional determinants of ERPT, we incorporate technology‐induced trade shocks linked to internet adoption to ...
Joanna Darwiche, Nicole Ballouz Baker
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Household Consumption Intentions by Income Group During Monetary Policy Easing and Tightening
ABSTRACT We investigate how the monetary policy interest rate affects Brazilian households' consumption intentions under two distinct regimes: monetary easing and tightening cycles. Using data from low‐ and high‐income households, we assess both the magnitude and the dynamics of this relationship.
Helder Ferreira de Mendonça +1 more
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Economic policies for monetary economies
A new wave of conservative thinking in economic theory and policy, which emerged in the mid-1970s, made the dominance of Keynesian views among macroeconomists its priority target.
FERNANDO J. CARDIM DE CARVALHO
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Explaining Episodes of High Inflation: Demand‐ and Supply‐Side Drivers in Times of Uncertainty
ABSTRACT In this paper, we investigate the extent to which uncertainty anticipates episodes of high inflation in 30 economies worldwide. Our analysis accounts for several factors, including inflation expectations, real global economic activity, and supply chain disruptions.
Maria‐Eleni K. Agoraki +2 more
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Post Keynesian theory is often seen in a somewhat standardized way, possessing a series of attributes common to all its strands. However, it is possible to think that post Keynesianism does not keep the same form when dealing with developed countries and
JOÃO VICENTE NOVAES CAMARGO MANNA
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ABSTRACT The effects of monetary policy shocks are regularly estimated using high‐frequency surprises in asset prices around central bank meetings as an instrument. These studies, insofar as they explicitly model the relationship between instrument and structural shock, assume a constant relationship between the instrument and the monetary policy shock.
Pooyan Amir‐Ahmadi +2 more
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The financial crises of globalization
In the twentieth century there was a debate between Keynesian and the market neoliberal economy school and the Keyneysian model prevail until the arrival of contemporary globalization,that adopted the neoliberal paradigm.
Edgar Vieira Posada
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Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility
ABSTRACT How do labor market institutions shape the transmission of government spending shocks and macroeconomic volatility? We develop a theoretical model in which labor market institutions affect fiscal transmission through their effect on wage rigidity, job separation, and matching frictions.
Maximilian Boeck +2 more
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ABSTRACT This study pursues a dual objective. First, it investigates the unconditional impact of anti‐globalization on structural transformation in Africa. Second, it explores how environmental degradation interacts with anti‐globalization to influence structural transformation. The analysis focuses on 52 African countries over the period 2005–2023. To
Simplice A. Asongu, Ekene ThankGod Emeka
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