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This paper investigates the long run and short run relationships of monetary policy, inflation and economic growth in Pakistan using co-integration and causality analysis during the period 0f 1972-2010. A large number of empirical studies on the relationships of monetary policy and inflation are...
Persistent link: https://www.econbiz.de/10011938320
The global COVID-19 pandemic caused a severe blow to the world economy, bringing the biggest economic downturn since … the economy. To withstand these shocks, most of the states started to use fiscal stimulus measures. The main purpose of … this paper is to present the effects that COVID-19 caused on the world economy, as well as to review Keynes's ideas …
Persistent link: https://www.econbiz.de/10014496791
weitere Zentralbanken veranlasst, mit einer Straffung ihrer Geldpolitik zu beginnen. Zudem ist seit dem Ausbruch des Ukraine …
Persistent link: https://www.econbiz.de/10013368856
Der Ausblick auf die internationale Konjunktur 2023 ist verschattet: Die Energieversorgung Europas ist ungewiss, die Leitzinsen steigen weiter, der Pandemieausbruch in China führt zu Produktionsausfällen. Belastungen für die deutsche Wirtschaft kommen von hohen Energiepreisen und einem...
Persistent link: https://www.econbiz.de/10013482897
weitgehend abgeschlossen, und der durch den weltweiten Inflationsschub ausgelöste restriktive Schwenk der Geldpolitik drückt über … ihre Geldpolitik im Lauf des Jahres 2024 etwas lockern werden. Zum Jahresende 2023 ist die deutsche Wirtschaft weiter im …
Persistent link: https://www.econbiz.de/10014447245
Negative interest rates are an invention of monetary authorities to show that monetary activism does not have boundaries, i.e., as if there is no such thing as a liquidity trap. Their presence in the financial landscape has redefined the benefits to savers and to investors. Governments can now...
Persistent link: https://www.econbiz.de/10012611319
Persistent link: https://www.econbiz.de/10011695735
Persistent link: https://www.econbiz.de/10011696642
This paper analyses fiscal policy for several economies in Latin America, from the early nineties to the 2009 crisis. We present original estimates of cyclically-adjusted public revenues for Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru and Uruguay implementing the standardised...
Persistent link: https://www.econbiz.de/10010306876
already know regarding the government interventions in the economy and its effects based on an investigation of the main …
Persistent link: https://www.econbiz.de/10010283913