Author: Banḳ Yiśraʼel
Publisher: MIT Press
ISBN: 9780262023245
Category : Business & Economics
Languages : en
Pages : 472
Book Description
Comprises essays presented at a conference held in Jerusalem in 1990.
Lessons of Economic Stabilization and Its Aftermath
Author: Banḳ Yiśraʼel
Publisher: MIT Press
ISBN: 9780262023245
Category : Business & Economics
Languages : en
Pages : 472
Book Description
Comprises essays presented at a conference held in Jerusalem in 1990.
Publisher: MIT Press
ISBN: 9780262023245
Category : Business & Economics
Languages : en
Pages : 472
Book Description
Comprises essays presented at a conference held in Jerusalem in 1990.
The Great Inflation
Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545
Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
IMF Staff Papers, Volume 54, No. 2
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1589066502
Category : Business & Economics
Languages : en
Pages : 236
Book Description
Vol. 54, No. 2 includes three notable contributions from the Seventh Jacques Polak Annual Research Conference (ARC) hosted by the IMF in November 2006. Its lead paper, by Olivier Blanchard of Harvard University, is the 2006 Mundell-Fleming Lecture (delivered at the ARC), which analyzes current-account deficits in the advanced economies. Other papers in this issue look at the relationship between international financial integration and the real economy. Other papers discuss whether (or not): i) the next capital account crisis can be predicted; ii) accepted definitions of debt crises are adequate; iii) the Doha Round of trade talks (if they are ever successfully completed) will lead to preference erosion; and finally iv) there is room for political opportunism in countries deciding between money-based or exchange-rate-based stabilization programs.
Publisher: International Monetary Fund
ISBN: 1589066502
Category : Business & Economics
Languages : en
Pages : 236
Book Description
Vol. 54, No. 2 includes three notable contributions from the Seventh Jacques Polak Annual Research Conference (ARC) hosted by the IMF in November 2006. Its lead paper, by Olivier Blanchard of Harvard University, is the 2006 Mundell-Fleming Lecture (delivered at the ARC), which analyzes current-account deficits in the advanced economies. Other papers in this issue look at the relationship between international financial integration and the real economy. Other papers discuss whether (or not): i) the next capital account crisis can be predicted; ii) accepted definitions of debt crises are adequate; iii) the Doha Round of trade talks (if they are ever successfully completed) will lead to preference erosion; and finally iv) there is room for political opportunism in countries deciding between money-based or exchange-rate-based stabilization programs.
Fiscal Policy, Stabilization, and Growth
Author: Guillermo E. Perry
Publisher: World Bank Publications
ISBN: 0821370855
Category : Business & Economics
Languages : en
Pages : 354
Book Description
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Publisher: World Bank Publications
ISBN: 0821370855
Category : Business & Economics
Languages : en
Pages : 354
Book Description
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
Reproducing Class
Author: Henry Rutz
Publisher: Berghahn Books
ISBN: 0857455451
Category : Political Science
Languages : en
Pages : 154
Book Description
Middle classes are by definition ambiguous, raising all sorts of paradoxical questions, perceived and real, about their power and place relative to those above and below them in a class-structured society. Focusing on families of the new middle class in Istanbul, the authors of this study address questions about the social construction of middle-class reality in the context of the rapid changes that have come about through recent economic growth in global markets and the global diffusion of information technology. After 1980, Turkey saw a structural transformation from state-owned and managed industry, banking, and media and communications to privatization and open markets. The idea of being middle class and the reality of middle-class practices became open for negotiation and interpretation. This study therefore offers a particularly interesting case study of an emergent global phenomenon known as the transnational middle class, characterized by their location of work in globalizing cities, development of transnational social networks, sumptuary consumption habits, and residences in gated communities. As the authors show, this new middle class associates quality education, followed by property and lifestyle issues, with the concept of a comfortable life.
Publisher: Berghahn Books
ISBN: 0857455451
Category : Political Science
Languages : en
Pages : 154
Book Description
Middle classes are by definition ambiguous, raising all sorts of paradoxical questions, perceived and real, about their power and place relative to those above and below them in a class-structured society. Focusing on families of the new middle class in Istanbul, the authors of this study address questions about the social construction of middle-class reality in the context of the rapid changes that have come about through recent economic growth in global markets and the global diffusion of information technology. After 1980, Turkey saw a structural transformation from state-owned and managed industry, banking, and media and communications to privatization and open markets. The idea of being middle class and the reality of middle-class practices became open for negotiation and interpretation. This study therefore offers a particularly interesting case study of an emergent global phenomenon known as the transnational middle class, characterized by their location of work in globalizing cities, development of transnational social networks, sumptuary consumption habits, and residences in gated communities. As the authors show, this new middle class associates quality education, followed by property and lifestyle issues, with the concept of a comfortable life.
Financial Factors in Economic Stabilization and Growth
Author: Mario I. Blejer
Publisher: Cambridge University Press
ISBN: 9780521480505
Category : Business & Economics
Languages : en
Pages : 290
Book Description
This collection explores how financial factors have become of key importance for stabilization and growth in developing and transforming economies.
Publisher: Cambridge University Press
ISBN: 9780521480505
Category : Business & Economics
Languages : en
Pages : 290
Book Description
This collection explores how financial factors have become of key importance for stabilization and growth in developing and transforming economies.
Nber Macroeconomics Annual 1993
Author: Olivier Blanchard
Publisher: MIT Press
ISBN: 9780262521840
Category : Business & Economics
Languages : en
Pages : 388
Book Description
This annual is designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics
Publisher: MIT Press
ISBN: 9780262521840
Category : Business & Economics
Languages : en
Pages : 388
Book Description
This annual is designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction between analytical and empirical research in macroeconomics
Handbook of Macroeconomics
Author: John B. Taylor
Publisher: Elsevier
ISBN: 9780444501585
Category : Business & Economics
Languages : en
Pages : 600
Book Description
Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the business cycle (J.Y. Campbell). 20. Human behavior and the efficiency of the financial system (R.J. Shiller). 21. The financial accelerator in a quantitative business cycle framework (B. Bernanke, M. Gertler and S. Gilchrist). Part 7: Monetary and Fiscal Policy. 22. Political economics and macroeconomic policy (T. Persson, G. Tabellini). 23. Issues in the design of monetary policy rules (B.T. McCallum). 24. Inflation stabilization and BOP crises in developing countries (G.A. Calvo, C.A. Vegh). 25. Government debt (D.W. Elmendorf, N.G. Mankiw). 26. Optimal fiscal and monetary policy (V.V. Chari, P.J. Kehoe).
Publisher: Elsevier
ISBN: 9780444501585
Category : Business & Economics
Languages : en
Pages : 600
Book Description
Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the business cycle (J.Y. Campbell). 20. Human behavior and the efficiency of the financial system (R.J. Shiller). 21. The financial accelerator in a quantitative business cycle framework (B. Bernanke, M. Gertler and S. Gilchrist). Part 7: Monetary and Fiscal Policy. 22. Political economics and macroeconomic policy (T. Persson, G. Tabellini). 23. Issues in the design of monetary policy rules (B.T. McCallum). 24. Inflation stabilization and BOP crises in developing countries (G.A. Calvo, C.A. Vegh). 25. Government debt (D.W. Elmendorf, N.G. Mankiw). 26. Optimal fiscal and monetary policy (V.V. Chari, P.J. Kehoe).
Exchange-Rate-Based Stabilazation
Author: Alberto F. Ades
Publisher: World Bank Publications
ISBN:
Category : Danmark
Languages : en
Pages : 45
Book Description
In high inflation economies exchange- rate- based stabilizations typically start with a boom, with the recession coming later. In contrast, in similar programs in the moderate inflation European economies, the recession generally appears upfront. When such programs result in a boom, it is driven by different forces than in the high inflation economies.
Publisher: World Bank Publications
ISBN:
Category : Danmark
Languages : en
Pages : 45
Book Description
In high inflation economies exchange- rate- based stabilizations typically start with a boom, with the recession coming later. In contrast, in similar programs in the moderate inflation European economies, the recession generally appears upfront. When such programs result in a boom, it is driven by different forces than in the high inflation economies.
The Oxford Handbook of Business Groups
Author: Asli M. Colpan
Publisher: OUP Oxford
ISBN: 0191613983
Category : Business & Economics
Languages : en
Pages : 1114
Book Description
Business groups - large, diversified, often family-controlled organizations with pyramidal ownership structure, such as the Japanese zaibatsu, the Korean chaebol and the grupos economicos in Latin America - have played a significant role in national economic growth, especially in emerging economies. Earlier variants can also be found in the trading companies, often set up in Britain, which operated in Asia, Africa, and Latin America. Business groups are often criticized as premodern forms of economic organization, and occasionally as symptomatic of corrupt 'crony capitalism', but many have shown remarkable resilience, navigating and adjusting to economic and political turbulence, international competition, and technological change. This Handbook provides a comprehensive analysis of business groups around the world. It examines the adaptive and competitive capabilities of business groups, and their evolutionary dynamics. 16 individual country chapters deal with business groups from Asia to Africa, the Middle East to Latin America, while overarching chapters consider the historical and theoretical context of business groups. With contributions from leading experts, The Oxford Handbook of business groups provides a comprehensive, empirically and theoretically rich guide for scholars and policy-makers.
Publisher: OUP Oxford
ISBN: 0191613983
Category : Business & Economics
Languages : en
Pages : 1114
Book Description
Business groups - large, diversified, often family-controlled organizations with pyramidal ownership structure, such as the Japanese zaibatsu, the Korean chaebol and the grupos economicos in Latin America - have played a significant role in national economic growth, especially in emerging economies. Earlier variants can also be found in the trading companies, often set up in Britain, which operated in Asia, Africa, and Latin America. Business groups are often criticized as premodern forms of economic organization, and occasionally as symptomatic of corrupt 'crony capitalism', but many have shown remarkable resilience, navigating and adjusting to economic and political turbulence, international competition, and technological change. This Handbook provides a comprehensive analysis of business groups around the world. It examines the adaptive and competitive capabilities of business groups, and their evolutionary dynamics. 16 individual country chapters deal with business groups from Asia to Africa, the Middle East to Latin America, while overarching chapters consider the historical and theoretical context of business groups. With contributions from leading experts, The Oxford Handbook of business groups provides a comprehensive, empirically and theoretically rich guide for scholars and policy-makers.