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Monetary union: a theoretical perspective
PSL Quarterly Review, 2013 The work provides a theoretical analysis of monetary policy and unification in light of today’s debate among academic economists on EMU. A brief survey of the main issues concerning monetary policy is presented.
F. CESARANO
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Core and Periphery in the European Monetary Union: Bayoumi and Eichengreen 25 Years Later
, 2016 Bayoumi-Eichengreen (1993) establish a EMU core-periphery pattern using 1963-1988 data. We use same methodology, sample, window length (1989-2015), and a novel over-identifying restriction test to ask whether the EMU strengthened or weakened the core ...
Nauro F. Campos, C. Macchiarelli
semanticscholar +1 more source
How to Improve the Effectiveness of Monetary Policy in the West African Economic and Monetary Union
Social Science Research Network, 2015 The West African Economic and Monetary Union (WAEMU) is a currency union with a fixed exchange rate and limited capital mobility and, therefore, an independent monetary policy in the short run.
A. Kireyev
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Applied Economic Perspectives and Policy, EarlyView.ABSTRACT In recent decades, agriculture has become increasingly concentrated through horizontal mergers and acquisitions via corporate entities, and policy makers are concerned this will be exacerbated by the aging population of farm operators. To reduce market concentration in agriculture, many states have enacted policies to entice new prospective ...
Justin M. Ross +2 more
wiley +1 more source
Monetary and Fiscal Policy Dynamics in an Asymmetric Monetary Union [PDF]
This paper investigates the dynamic effects of monetary and fiscal policy in a monetary union, which is characterized by asymmetric interest rate transmission.
Volker Clausen, Hans-Werner Wohltmann
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FORMATION OF MECHANISMS TO ENABLE TRANSITION TO THE BRICS MONETARY UNION
Финансы: теория и практика, 2017 Objective preconditions for creation of new transnational monetary unions including countries integrated into the modern world monetary system are studied; the need and feasibility of establishing new integrative monetary and payment unions under ...
Ye. A. Zvonova
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Symbiosis of Monetary and Fiscal Policies in a Monetary Union [PDF]
SSRN Electronic Journal, 2000 We consider the interaction between the monetary policy of a common central bank in a monetary union, and the separate fiscal policies of the member countries. We construct a model of the Barro-Gordon type extended to many countries and countercyclical fiscal stabilization policies. Each country's fiscal policies inflict positive (output expansion) and
Avinash Dixit, Luisa Lambertini
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Measuring Nutrition Security Using the Consumer Food Data System Datasets
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Nutrition security is an emerging concept lacking a consensus definition, conceptualization, or standardized measure. This perspectives manuscript synthesizes findings from two previously published analyses to assess the feasibility of using available measures of key dimensions of nutrition security from two Consumer Food Data System (CFDS ...
Vibha Bhargava +2 more
wiley +1 more source
Why Didn't I Get a Payout? Understanding Farmer Choices, Index Insurance, and Basis Risk
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Index insurance, while heralded as a potential solution to alleviate poverty and food insecurity among agricultural households, has its own set of challenges, notably basis risk. Basis risk is the discrepancy between the insurance payout and losses incurred, posing a significant deterrent to the adoption of index insurance.
S. Lucille Blakeley +4 more
wiley +1 more source
Monetary Integration in East Asia: Why Does it Take so Long?
The International Journal of Banking and Finance, 2009 The launch of the economic and monetary union in Europe and the 1997 financial crisis that underscored the disadvantages of currently employed exchange rate regimes raised questions about the feasibility of a similar monetary unification project for East
Mariusz K. Krawczyk
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