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L'Unione monetaria europea fra integralismo monetario e dipendenza della politica fiscale. Alcune considerazioni

Canale, Rosaria Rita - Volkswirtschaftliche Fakultät, … - 1998

The aim of this note is to raise some doubts about the opportunity to abandon the economic policy strategies that support aggregate demand because it is a prerequisite to realize the credibility of the new currency- the Euro. Prevailing literature states that, in the choice between inflation and...

Persistent link: https://www.econbiz.de/10005835425

Perspectivas sobre el desempeño macroeconomico colombiano en 2003

Callejas, Mesa; Javier, Ramon; Rhenals Monterrosa, Remberto - Volkswirtschaftliche Fakultät, … - 2003

This article presents a series of reflections about the probable behaviour of the colombian economy during this year. In this article, there are shown and sustained the macroeconmic projections of the Grupo de Macroeconomia Aplinada. Equally, there are some hypotheses that are established about...

Persistent link: https://www.econbiz.de/10005835524

Exact prediction of inflation in the USA

Ivan, Kitov - Volkswirtschaftliche Fakultät, … - 2006

A linear and lagged relationship between inflation and labor force growth rate has been recently found for the USA. It … demonstrates that the annual labor force growth rate used as a predictor explains almost 82% (R2=0.82) of the inflation variations … R2>0.999. This allows effective replacement of GDP deflation index by a “labor force growth” index. The linear and …

Persistent link: https://www.econbiz.de/10005835571

Improving Distributed Intelligence in Complex Innovation Systems

Kuhlmann, Stefan; Boekholt, Patries; Georghiou, Luke; … - Volkswirtschaftliche Fakultät, … - 1999

Science and technology (S&T) are considered to be a central source, or at least a basic medium, of societal and industrial innovation, while innovation is conceived to basically feed the regeneration of our welfare. The suppliers of S&T in Europe as well as the users of their „products“, are...

Persistent link: https://www.econbiz.de/10005835616

Do tax distortions lead to more indeterminacy? A New Keynesian perspective

Di Bartolomeo, Giovanni; Manzo, Marco - Volkswirtschaftliche Fakultät, … - 2007

Following the recent developments of the literature on stabilization policies, this paper investigates the effect of tax distortions on equilibrium determinacy in a New Keynesian economy with rule-of-thumb consumers and capital accumulation. In particular, we focus on the inter-action between...

Persistent link: https://www.econbiz.de/10005835728

The Cost of Social Pacts

Acocella, Nicola; Di Bartolomeo, Giovanni - Volkswirtschaftliche Fakultät, … - 2007

Social pacts, while improving macroeconomic performance, usually impose costs on unions. To facilitate the formation of such pacts, various substitutes can operate, such as the payment of transfers or, to some extent, the conservativeness of the government, union’s inflation aversion or...

Persistent link: https://www.econbiz.de/10005835806

Non-oil commodity prices: Cyclical weakness or secular decline?

Reinhart, Carmen; Wickham, Peter - Volkswirtschaftliche Fakultät, … - 1994

Primary commodities still account for the bulk of exports in many developing countries. However, real commodity prices have been declining almost continuously since the early 1980s. The appropriate policy response to a terms of trade shock depends importantly on whether the shock is perceived to...

Persistent link: https://www.econbiz.de/10005835911

Changes in the Romanian automotive parts sector in the context of globalization

Bondoc, Maria-Daniela; Banuta, Mariana - Volkswirtschaftliche Fakultät, … - 2007

This paper explores the changes in the auto parts sector from the industrial policy perspective of Romania, in the context of globalization. We propose to find the place of the means of transport industry in the processing industry sector and we studied the document of Industrial Policy for...

Persistent link: https://www.econbiz.de/10005835951

الإطار التحليلي لبرامج التصحيح الهيكلي

Benzarour, Choukri - Volkswirtschaftliche Fakultät, … - 2001

ABSTRACT: this present study aims at describing the analytical framework of the IMF and WB structural adjustment programs (SAP).It focuses on the theoretical foundation of the SAP and reviews the absorption approach, the monetary approach and the exchange rate approach.

Persistent link: https://www.econbiz.de/10005836221

The Inconsistency Puzzle Resolved: an Omitted Variable

Arefiev, Nikolay - Volkswirtschaftliche Fakultät, … - 2008

We find that the contemporary version of the dynamic Ramsey problem omits one important variable that we take into consideration in this paper. The effect of introducing of this variable into the analysis of dynamic inconsistency is similar to that of introducing expected inflation into the...

Persistent link: https://www.econbiz.de/10005836298