Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal ...
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those ...
The news correspondents obtained a quote from the research from Federal Reserve Bank,“ Adopting monetary targets and debt limits during normal times yields welfare gains. For more information on this ...
The Journal of Economic Perspectives, Vol. 33, No. 2 (Spring 2019), pp. 89-114 (26 pages) This paper takes stock of what we have learned from the "Renaissance" in fiscal research in the ten years ...
In recent years, as the US economy has slowly recovered from the Great Recession, a puzzle has emerged: Where is the inflation? Despite a historically low unemployment rate, and interest rates that ...
Martin Feldstein, the George F. Baker Professor of Economics at Harvard University and president emeritus of the National Bureau of Economic Research, recently posed the question, “Is another ...
This is a preview. Log in through your library . Abstract This paper begins by arguing that the 2007/8 credit crunch does not require a fundamental reevaluation of monetary policy. The crunch occurred ...
It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...
(MoneyWatch) Although an audio problem delayed Ben Bernanke's latest congressional update on the state of the U.S. economy, the Federal Reserve chief will hope his message is received loud and clear.
Years of economic turmoil have re-ignited the debate about Keynesianism. As the financial crisis caused mass unemployment, Keynes appeared to have been proven right; Keynesians took over policymaking ...
Despite higher oil prices, Nigeria’s balance of payment is under pressure owing to the country’s reduced production of crude oil, higher import prices for refined fuel products and food, and negative ...
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