The interaction of fiscal and monetary policy in a monetary union: Balancing credibility and flexibility [PDF]
This paper explores how decentralized, national fiscal policies interact with a common monetary policy in a monetary union. We show that fiscal policy plays a more important ro le in stabilizing country-specific shocks than with national monetary ...
Beetsma, R.M.W.J., Bovenberg, A.L.
core +1 more source
Monetary policy document analysis for prediction of monetary policy board decision. [PDF]
Kim M, Cho S.
europepmc +1 more source
Monetary Policy In Islamic Economic Framework: Case of Islamic Republic of Iran [PDF]
When we accept money and its functions in the Islamic economic framework, the same as all other economic systems, we should consider monetary policy as an important available tool for governments to pursuit macroeconomic objectives.
Kiaee, Hasan
core +1 more source
Monetary and Fiscal Policy Efficiency and Coordination in an Open-Economy General Equilibrium Model with Three Production Sectors. [PDF]
The paper analyzes monetary and fiscal policy efficiency and coordination in a stochastic new open economy macroeconomics (NOEM) model with three production sectors.
Gilbert Koenig, Irem Zeyneloglu
core
Imported inputs and the countercyclicality of net exports in emerging markets
This paper shows that the strong countercyclicality of net exports observed in emerging market economies can be explained to a large extent by the use of imported inputs in production.
S. Tolga Tiryaki
doaj +1 more source
Estimating time-varying potential output and NAIRU using a multivariate filter for Türkiye
This paper extends the multivariate filter approach for estimating potential output and NAIRU developed for Türkiye by integrating the capacity utilization block into the model.
Mert Gökcü
doaj +1 more source
Will Monetary Policy be the Bullwhip's Final Crack? [PDF]
Beauchamp CF, Beauchamp MB.
europepmc +1 more source
Optimal fiscal feedback on debt in an economy with nominal rigidities [PDF]
We examine the impact of different degrees of fiscal feedback on debt in an economy with nominal rigidities where monetary policy is optimal. We look at the extent to which different degrees of fiscal feedback enhance or detract from the ability of the ...
Simon Wren-Lewis, Tatiana Kirsanova
core
The Euro Zone Eastern Enlargement: Challanges to Current Members and the ECB [PDF]
The eastward enlargement of the euro area entails significant implications both for acceding countries and for the current euro area member States or for the European Central Bank.
Mihai Sebea
doaj
Monetary policy actions and long-term interest rates [PDF]
It is generally believed that monetary policy actions are transmitted to the economy through their effect on market interest rates. According to this standard view, a restrictive monetary policy by the Federal Reserve pushes up both short-term and long ...
Gordon H. Sellon, Jr., V. Vance Roley
core

