Showing 1 - 10 of 1,174
Over the past 40 years of reform and opening up, China has undergone drastic changes and social classes have been sharply divided. It is also an indisputable fact that China's income distribution gap is getting wider and wider. Who is behind China's widening income distribution gap? After our...
Persistent link: https://www.econbiz.de/10015213649
This paper investigates the effects of the bank’s non-performing loans (NPLs) as a percentage of gross private sector credit in the 21 Lower Middle-Income Countries (LMICs) including the four major South Asian economies during 1998 to 2015, with a focus on the macroeconomy and institutional...
Persistent link: https://www.econbiz.de/10015213729
The different target of the time period has been established over the past two decades in the institutionalization of a single currency union in West Africa. Depending on varied reasons the proposed programs have always failed before the set timelines in respect of ECOWAS monetary unification...
Persistent link: https://www.econbiz.de/10015214003
, Interest rate, Inflation rate, and Oil prices. Using annual data for the years from 1986 to 2018. For the period under review … positively skewed. The Jarque- Bera statistic indicates that Exchange rate, inflation rate and oil price were found to be … normally distributed. Ramsey test affirms a linear relationship between exchange rate and GDP, Interest rate, Inflation rate …
Persistent link: https://www.econbiz.de/10015214106
Usando los datos anuales para Colombia durante los 30 años pasados, probamos las teorías de oposición que explican fluctuaciones macroeconómicas: la síntesis neoclásica, que postula eso en presencia de rigidez temporal del precio una extensión monetaria inesperada produce los aumentos de...
Persistent link: https://www.econbiz.de/10015215807
role increases with the rate of inflation. …
Persistent link: https://www.econbiz.de/10015215837
quantities with respect to permanent movements in the money stock; and the short-run sensitivity of output to inflation. …
Persistent link: https://www.econbiz.de/10015215924
In the summer of 2002, the Swiss National Bank (SNB) hosted the “SNB-Fed Cleveland Workshop on Monetary Economics”. Recent years have seen the development of the search-theoretic approach to monetary theory. It has established itself as an important strand of monetary theory in a very short...
Persistent link: https://www.econbiz.de/10015216641
shows that when nominal wages are downwardly rigid, optimal monetary policy targets a positive inflation rate; the annual … long-run inflation rate is around 2 percent. Positive inflation in this environment “greases the wheels” of the labor …, particularly those of large sizes. Finally, the optimal long-run inflation rate predicted by this study is considerably higher than …
Persistent link: https://www.econbiz.de/10015218305
The corona virus pandemic has dramatically changed the economic outlook for the United States and many other countries. In June this year, the Federal Reserve published its unemployment predictions. From a July 2020 level of 10.2%, it expects the year-end ratio to drop to 9.3%; by the end of...
Persistent link: https://www.econbiz.de/10015218412