Results 1 to 10 of about 116,920 (292)
American Economic Review, 2006 Nearly a quarter-century after Paul Volcker's declaration of war on inflation on October 6, 1979, Alan Greenspan declared that the goal had been achieved. Drawing on the extensive historical record, I examine the views of Chairmen Volcker and Greenspan on some aspects of the evolving monetary policy debate and explore some of the distinguishing ...
Athanasios Orphanides
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Inflation dynamics in South Africa: The role of public debt
Journal of Economic and Financial Sciences, 2023 Orientation: Inflation targeting requires prudent fiscal policy to achieve desired results. Motivation for the study: Since the 2007–2008 financial crisis, fiscal authorities in South Africa have implemented an aggressive fiscal stimulus that has ...
Sinethemba D. Sangweni, Harold Ngalawa
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Unravelling the Effectiveness of Monetary Policy: A Cross-Country Analysis of Macro-economic Goal Performance [PDF]
Social Science Chronicle, 2023 Central banks occupy an indispensable role in the pursuit of crucial economic objectives that underpin a nation’s financial stability and prosperity.
Sedem Akorkor Deih
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Uncertainty, Price Stabilization and Welfare [PDF]
Southern Economic Journal, 1991 This paper investigates whether a small country facing foreign price instability benefits from active stabilization of the domestic price of the importable. For example, the European Community can be treated as a small open economy facing price instability of agricultural products originating in the United States.
E. Kwan Choi, Stanley R. Johnson
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Moneta e Credito, 2014 In a recent work, F. Modigliani and T. Padoa-Schioppa presented a theoretical framework in support of the widely diffused thesis among economic commentators regarding the existence of an inverse relationship between real wages and employment.
C. CASAROSA
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Price clusters and stock price stability [PDF]
Revista Eletrônica em Gestão, Educação e Tecnologia Ambiental, 2022 Understanding the factors affecting stock return volatility, for analysts, investors and company executives, it is critical. In this study, using a traditional approach, we identify the factors influencing volatility and how price friction is formed on stock price stability, and in particular, examining the clustering test for price increases.
Hamid Reza Kordlouie +3 more
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TRANSMISSION MECHANISM OF MONETARY POLICY DECISIONS AND THE EFFECTS ON THE REAL ECONOMY [PDF]
Economica, 2023 The article tackles the role of monetary policy in the context of instabilities happening in the economy over the last years. The major objective of central banks is to provide price stability, thus, maintaining a stable economic framework is their ...
Mariana HINCU
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Value Added Tax and price stability in Nigeria: A partial equilibrium analysis
European Journal of Government and Economics, 2013 The economic impact of Value Added Tax (VAT) that was implemented in Nigeria in 1994 has generated much debate in recent times, especially with respect to its effect on the level of aggregate prices.
Marius Ikpe, Alwell Nteegah
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Controversies on the Central Bank Main Objective of Price Stability [PDF]
Theoretical and Applied Economics, 2008 In the present study we propose a critical approach to the concept of price stability. In the beginning we have considered a literature review regarding price stability issues.
Vasile Cocris, Bogdan Cãpraru
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Is Price Stability Enough? [PDF]
SSRN Electronic Journal, 2006 No one in the industrial countries should now question the substantial economic benefits associated with reducing inflation from earlier, high levels. At the same time, history also teaches that the stability of consumer prices might not be sufficient to ensure macroeconomic stability.
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