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Thinking Fast and Slow about Central Bank Digital Currencies
Ozili, Peterson K - 2024
Central banks are considering the issuance of a central bank digital currency to serve as a payment tool to support economic activities. A central bank digital currency can also serve secondary purposes that are related or unrelated to the statutory objectives of a central bank which is monetary...
Persistent link: https://www.econbiz.de/10015213387
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Supply Side Keynesianism
Obregon, Carlos - 2022
The argument made in this manuscript is that the two traditional macroeconomic tools, fiscal policy and monetary policy, are insufficient to bring back efficiently into equilibrium an economy that has had a major crisis. Both traditional macro-tools only work through the demand side, and there...
Persistent link: https://www.econbiz.de/10015214329
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Private Non-Bank Money – a Way for Theorizing CCS
Toncheva, Rossitsa - 2024
field of monetary theory. The search for a common distinguishing property of the CCS has led to the need to include a new …
Persistent link: https://www.econbiz.de/10015214448
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Место России в истории финансовых инноваций (часть 2)
BLINOV, Sergey - 2020
Today, increasing the growth rate of the Russian economy is more relevant than ever. Consideration of any macroeconomic phenomena that in a historical perspective would provide an economic recovery and increase the economic power of our country is of undoubted interest. One of the important...
Persistent link: https://www.econbiz.de/10015216131
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The Interest Rate in a Monetary Economy
Kehrwald, Bernie - 2014
loanable funds theory that the interest rate balances savings and investments can be reconciled with a monetary economy …. However, the balancing process is not a market mechanism. Loanable funds theory must therefore be reinterpreted. Second …, liquidity preference theory is insufficient to explain the interest rate level in a modern monetary economy. Third, endogenous …
Persistent link: https://www.econbiz.de/10015216132
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The missing link: the finance-growth nexus and the Guyanese growth stagnation
Khemraj, Tarron - 2007
The theory underpinning financial liberalization postulates that unregulated financial markets are growth …
Persistent link: https://www.econbiz.de/10015217629
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Разработка модели макроэкономического равновесия с использованием метода системной динамики
Skribans, Valerijs - 2010
Development of an economic situation last 20 years has passed in Latvia through various stages. Including - Post-Soviet re-structuring of demand and closing of industrial giants; development of the economy based on transit; development of craft manufacture, small enterprises and branch of...
Persistent link: https://www.econbiz.de/10015221569
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Credit Monitoring in the USA and EU Countries
Kadish, Peter - 2010
In order to analyze current state of events in the world economy, parallel analysis with the country that has gone through boom cycle in real estate and financial asset prices (as US did during the last decade) and sudden consequential bust in mid 70s and late 80s (USA 2007), namely Japan, is...
Persistent link: https://www.econbiz.de/10015222619
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Credit Monitoring in the USA and EU Countries
Kadish, Peter - 2010
In order to analyze current state of events in the world economy, parallel analysis with the country that has gone through boom cycle in real estate and financial asset prices (as US did during the last decade) and sudden consequential bust in mid 70s and late 80s (USA 2007), namely Japan, is...
Persistent link: https://www.econbiz.de/10015222630
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Market Myths in Contemporary Economics
Punabantu, Siize - 2010
, stability and safety. This paper delves into market theory to determine whether what is commonly understood about market forces …
Persistent link: https://www.econbiz.de/10015223454