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MONETARY STABILITY VERSUS FINANCIAL STABILITY IN ADJUSTING THE REAL ECONOMY [PDF]
Nowadays, in the economic theory and practice, theres commonly held idea that the primary objective of monetary policy should be price stability. However, the possibility of achieving this goal depends on the development and stability of the financial ...
Strezariu Iulia Ana-Maria +3 more
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Single Monetary Policy, Inflation Targeting, Interest Rate Targeting and Bank Efficiency in the Euro Area: Panel Generalized Method of Moments Approach [PDF]
This study investigates the dynamic linkages between the efficiency of 126 selected banks and the Single Monetary Policy (SMP) defined by credit channel, interest rate channel, exchange rate channel, and price stability in 17 Euro area countries from ...
Ehsan Rajabi, Reza Sherafatian Jahromi
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Inflation dynamics in South Africa: The role of public debt
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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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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Objective: to review a session of the “Digital Finance” permanent seminar at the Institute of Economics of the Russian Academy of Sciences which discussed the prerequisites and consequences of the issue, emission characteristics and circulation of the ...
S. A. Andryushin
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Value Added Tax and price stability in Nigeria: A partial equilibrium analysis
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]
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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Multiagent Maximum Coverage Problems: The Trade-off Between Anarchy and Stability
The price of anarchy and price of stability are three well-studied performance metrics that seek to characterize the inefficiency of equilibria in distributed systems.
alexis +16 more
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Unravelling the Effectiveness of Monetary Policy: A Cross-Country Analysis of Macro-economic Goal Performance [PDF]
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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Monetary Policy Strategy in Romania [PDF]
Choosing this research theme was made because some European countries went through aperiod of post-communist transition, moving from a planned economy to a type of market economy,which has been the emergence of new events in monetary policy.
Cristina Burghelea +2 more
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