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The advanced proposed architecture of Eco-currency; technical analysis of West Africa single currency program.

Tweneboah Senzu, Emmanuel - 2020

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

Whispers of Growth: Navigating the Interwoven Currents of Bangladesh’s Economic and Social Evolution

Jahedi, Monika; Minhaz, Kakoli; Gupta, Shittak; Sen, Topon - 2024

This paper undertakes a comprehensive analysis of the multifaceted economic and social forces that have shaped Bangladesh's developmental trajectory, tracing its journey from pre-independence stagnation through post-war recovery to its emergence as a resilient and increasingly successful nation...

Persistent link: https://www.econbiz.de/10015214192

Imperfect credit markets: implications for monetary policy

Vlieghe, Gertjan W - 2007

of productive resources away from the most productive agents. Second, following an adverse productivity shock there is a … initial output fall is dampened with a temporary rise in inflation, the more the adverse future effects of the reallocation of … some inflation variability, even if the only shocks in the economy are productivity shocks. The optimal variability of …

Persistent link: https://www.econbiz.de/10015215366

Fluctuaciones del producto y choques monetarios: evidencia colombiana

Reinhart, Carmen; Reinhart, Vincent - 1991

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

Output Fluctuations and Monetary Shocks

Reinhart, Carmen; Reinhart, Vincent - 1991

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

Mending the Meltdown: Fending off the Interventions and Resurrecting the Market

Raj, Madhusudan - 2008

Theory to analyze the root causes of this crisis and then presents the real solution of this problem. …

Persistent link: https://www.econbiz.de/10015217142

Monetary Policy Activism and Price Responsiveness to Aggregate Shocks under Rational Inattention

Paciello, Luigi - 2009

.S. price level and inflation are much more responsive to aggregate technology shocks than to monetary policy shocks. The model … affect the incentives faced by firms in allocating attention. A policy rate responding more actively to expected inflation …

Persistent link: https://www.econbiz.de/10015217667

Basel II and the Capital Requirements Directive: Responding to the 2008/09 Financial Crisis

Ojo, Marianne - 2009

This paper addresses factors which have prompted the need for further revision of banking regulation, with particular reference to the Capital Requirements Directive. The Capital Requirements Directive (CRD), which comprises the 2006/48/EC Directive on the taking up and pursuit of the business...

Persistent link: https://www.econbiz.de/10015218232

Optimal Monetary Policy and Downward Nominal Wage Rigidity in Frictional Labor Markets.

Abo-Zaid, Salem - 2009

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

Can Great Depression Theories Explain the Great Recession?

Schlenkhoff, Georg - 2009

The recent recession has brought a sharp decrease in income, output, and world trade, as well as an increase in unemployment in developed and underdeveloped countries. Experts such as Paul Krugman, Christina Romer, or Barry Eichengreen, compare the current situation with the Great Depression of...

Persistent link: https://www.econbiz.de/10015219881