Purpose: The purpose of this paper is to compare business cycle fluctuations in Ethiopia under interest rate and money growth rules. Design/methodology/approach: In order to achieve this objective, the author constructs a medium-scale open economy dynamic stochastic general equilibrium (DSGE)...

Purpose: Public debt management is now an integral part of overall macroeconomic management in many developing and emerging market economies. Preventing unsustainable debt accumulation and maintaining healthy fiscal profile begins with understanding its key drivers both in the short and in the...