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macroeconomic stability

Effective Monetary Policy as a Recipe for Macroeconomic Stability in Nigeria

Effective Monetary Policy as a Recipe for Macroeconomic Stability in Nigeria

... The basic objective of this paper was to investigate effective monetary policy as a recipe for macroeconomic stability in Nigeria, using annual time series data from 1981 to 2014. The paper employs OLS ...

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Flexibility in inflation targeting, financial markets and macroeconomic stability

Flexibility in inflation targeting, financial markets and macroeconomic stability

... dynamic macroeconomic model in order to examine the macroeconomic stability under inflation-targeting regimes with different degrees of flexibility (strict and flexible inflation targeting in the ...

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Fiscal Policy and Macroeconomic Stability in South Asian Countries

Fiscal Policy and Macroeconomic Stability in South Asian Countries

... major macroeconomic variables on output ...to macroeconomic stability. Results indicated that macroeconomic variables play an important role in macroeconomic ...to macroeconomic ...

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Inflation Targeting, Capital Mobility and Macroeconomic Stability

Inflation Targeting, Capital Mobility and Macroeconomic Stability

... υ < ( γ Ψ 2 η y − η s ) / Ψ 1 , (14) in order to guarantee the macroeconomic stability in this open economy. Therefore, under conditions (13) and (14), the economy can be dynamically stable and when the ...

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Fiscal Decentralization and Macroeconomic Stability: Theory and Evidence from Pakistan

Fiscal Decentralization and Macroeconomic Stability: Theory and Evidence from Pakistan

... on macroeconomic stability for 49 countries during the period of ...between macroeconomic instability, measured as average inflation rate, and revenue decentralization only for developed countries ...

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Beyond Macroeconomic Stability: The Role of Selective Interventions in Guyana’s Growth

Beyond Macroeconomic Stability: The Role of Selective Interventions in Guyana’s Growth

... promote macroeconomic stability, and that encourage private investment: The principal outcome of macroeconomic stability was that “ This has been a potent encouragement for private savings, ...

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Monetary Policy Rules and Macroeconomic Stability

Monetary Policy Rules and Macroeconomic Stability

... This paper attempts to characterize the monetary policy regimes in the United States and analyze their effects on macroeconomic stability. It does so by estimat- ing Taylor-type forward-looking monetary ...

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HYPOTHETICAL EVOLVENT OF MACROECONOMIC STABILITY SURVEILLANCE INDICATORS AND EUROPEAN UNION ‘S INITIATIVES FOR MAINTENANCE OF FINANCIAL STABILITY

HYPOTHETICAL EVOLVENT OF MACROECONOMIC STABILITY SURVEILLANCE INDICATORS AND EUROPEAN UNION ‘S INITIATIVES FOR MAINTENANCE OF FINANCIAL STABILITY

... the macroeconomic stability ...identifying macroeconomic situation of each country as well as highlighting advantages and disadvantages of state’s ...main macroeconomic stability ...

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Bayesian Expectations and Strategic Complementarity: Implications for Macroeconomic Stability

Bayesian Expectations and Strategic Complementarity: Implications for Macroeconomic Stability

... If macroeconomic interaction between these two types of agents follows a course of action that has a disproportionately large effect on macroeconomic equilibrium then the environment exhibits strategic ...

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Vietnam in 2012: The end of the party

Vietnam in 2012: The end of the party

... interests, macroeconomic stability was lost in 2007 when large SOEs refused to comply with State Bank technical measures that required them to hand over the Dong liquidity created by foreign exchange ...

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European Economy Occasional Papers N° 31   June 2007  2006 Pre accession economic programmes of candidate countries

European Economy Occasional Papers N° 31 June 2007 2006 Pre accession economic programmes of candidate countries

... coherent macroeconomic framework and a fiscal consolidation programme which aims at gradual reduction of the general government deficit over the PEP ...maintain macroeconomic stability, to ensure ...

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Superannuation and Macroeconomic Growth and Stability

Superannuation and Macroeconomic Growth and Stability

... various macroeconomic policies and structural shifts have on macroeconomic ...that macroeconomic stability is generally aided by: (i) through-cycle targets for discretionary fiscal policy and ...

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Progressive Governance and Globalisation. Bruegel policy contribution, April 5, 2008

Progressive Governance and Globalisation. Bruegel policy contribution, April 5, 2008

... the macroeconomic context of the ...that macroeconomic stability is and remains a major achievement of recent decades, underpinned by a near-universal move to central bank ...embrace ...

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The effects of fiscal decentralization in Albania

The effects of fiscal decentralization in Albania

... Fiscal decentralization implies releasing some competencies to the elected bodies at local level, to determine within certain areas of law the opportunity to establish the taxable level for some specific local taxes, as ...

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Theoretical and Empirical Analysis of Economic Resilience Index

Theoretical and Empirical Analysis of Economic Resilience Index

... including macroeconomic stability, microeconomic market efficiency, human development, good governance as well as the indicators of each of the mentioned ...

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An Assessment of Economic Stability under the New European Economic Governance

An Assessment of Economic Stability under the New European Economic Governance

... the macroeconomic stability pentagon: economic growth rate, unemployment rate, inflation rate, budgetary balance and current account balance, we try to address actual and persistent aspects of economic ...

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Pattern of Development and Sustainable Economic Growth In Pakistan: A Descriptive Analysis

Pattern of Development and Sustainable Economic Growth In Pakistan: A Descriptive Analysis

... important macroeconomic variables on the economic growth of Pakistan over the period of 1956 to ...the macroeconomic conditions prevailing in the country concluding that Pakistan’s imbalances are the result ...

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Macroeconomic and financial stability in a monetary union: the case of Lithuania

Macroeconomic and financial stability in a monetary union: the case of Lithuania

... …nancial stability, in the sense that if it gets lower, it means that the …nancial system is more ...…nancial stability, the objective of macroprudential policy, and does not consider macroeconomic ...

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Stock Market Development: An Assessment of its Macroeconomic and Institutional Determinants in Mauritius

Stock Market Development: An Assessment of its Macroeconomic and Institutional Determinants in Mauritius

... the macroeconomic determinants of stock market development are real income, saving rate, financial development and stock market liquidity (Garcia and Liu, 1999; Naceur et ...significant macroeconomic ...

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IMPACT OF RECESSION ON ECONOMIC GROWTH IN NIGERIA

IMPACT OF RECESSION ON ECONOMIC GROWTH IN NIGERIA

... Studies of various kinds have been embarked upon over the years on the impact of recession on economic growth. However, differences emerged from the results of the various scholars. The need to highlight some of these in ...

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