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private sector), the exchange rate, as well as the wheat support price as a supply-side factor that has received considerable …. Changes in the wheat support price influence inflation in the short run, but not in the long run. Furthermore, the wheat …
Persistent link: https://www.econbiz.de/10005604974
the sample period. The Granger causality test suggests that private sector credit and world wheat prices are the leading …
Persistent link: https://www.econbiz.de/10008528630
than in agriculture. In this paper, we examine the sources and consequences of wage and productivity gaps in the U.S. from … for the relatively low labor productivity and wages earned in agriculture. Farm ownership, along with the higher cost of …
Persistent link: https://www.econbiz.de/10005599726
Systemic tax administration problems in many developing countries have led to a search for radical solutions. One such proposed solution is tax farming. Tax farming is a system wherein the right to collect taxes is auctioned off to the highest bidder. An analysis of the historical experience...
Persistent link: https://www.econbiz.de/10005263952
The cotton sector in Mali is facing major challenges to overcome, with low export prices, technical hurdles, and a …
Persistent link: https://www.econbiz.de/10011244636
This paper explores the extent to which macroprudential tools can be used to manage banking sector risks in Mongolia, a commodity producing country exposed to both procyclical and cross-sectional financial sector risks. Loose fiscal policy, rising credit activity, and heightened risk...
Persistent link: https://www.econbiz.de/10011123884
The Flexible System of Global Models (FSGM) is a group of models developed by the Economic Modeling Division of the IMF for policy analysis. A typical module of FSGM is a multi-region, forward-looking semi-structural global model consisting of 24 regions. Using the three core modules focused on...
Persistent link: https://www.econbiz.de/10011242191
Consumer price indexes (CPIs) are compiled at the higher (weighted) level using Laspeyres-type arithmetic averages. This paper questions the suitability of such formulas and considers two counterpart alternatives that use geometric averaging, the Geometric Young and the (price-updated) Geometric...
Persistent link: https://www.econbiz.de/10011242235
We study the cyclical properties of sales, regular price changes and average prices paid by consumers ("effective …" prices) in a dataset containing prices and quantities sold for numerous retailers across a variety of U.S. metropolitan areas … prices paid by consumers declines significantly with higher unemployment. This discrepancy can be reconciled by consumers …
Persistent link: https://www.econbiz.de/10011242242
Financial network analysis is used to provide firm level bottom-up holistic visualizations of interconnections of financial obligations in global OTC derivatives markets. This helps to identify Systemically Important Financial Intermediaries (SIFIs), analyse the nature of contagion propagation,...
Persistent link: https://www.econbiz.de/10011242265