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are now attempting to lower debt ratios. We analyze past debt reduction episodes and find inflation and the real interest … rare. Interestingly, inflation episodes tended to be with independent central banks and low real interest rates …
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crisis is empirically examined. The standard model for themonetary analysis of inflation, i.e. the P-Star model by Hallman … long run dynamics of CPI inflation inIndonesia remarkably weIl. Hence, there is an empirical support for the assertion that …
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This paper analyzes a prominent dimension of the initial policy response to the COVID-19 pandemic observed in many countries: the imposition of export restrictions and actions to facilitate imports. Using weekly data on the use of trade policy instruments during the first seven months of the...
Persistent link: https://www.econbiz.de/10014091059
This paper analyzes a prominent dimension of the initial policy response to the COVID-19 pandemic observed in many countries: the imposition of export restrictions and actions to facilitate imports. Weekly data on the use of trade policy instruments during the first seven months of the COVID-19...
Persistent link: https://www.econbiz.de/10012434709