Macroeconomic Policy
Found 12 free book(s)
The Global Macroeconomic Impacts of COVID-19: Seven …
www.brookings.eduMar 02, 2020 · which makes it difficult for policymakers to formulate an appropriate macroeconomic policy response. In order to better understand possible economic outcomes, this paper explores seven
Fiscal policy, public debt and monetary policy in emerging ...
www.bis.orgregimes. As is well known, when the exchange rate is fixed, fiscal policy is often the sole macroeconomic instrument that the authorities can use to address output volatility. But there was a view that, to mitigate risks to the fixed exchange rate regime, countercyclical fiscal policy should be used sparingly and only under exceptional ...
Macroeconomic stability, inclusive growth and employment
www.un.orgMaintaining macroeconomic stability therefore is a prerequisite for sustained and inclusive development. The broad objective of macroeconomic policy is …
Lecture notes for Macroeconomics I, 2004
www.econ.yale.eduIn other macroeconomic topics, such as monetary economics, labor, flscal policy, and asset pricing, the Solow model is also commonly used. Then, other aspects need to be added to the framework, but Solow’s one-sector approach is still very useful for talking about the macroeconomic …
Philippine Macroeconomic Issues And Their Causes
www.econstor.euG. Sicat, Philippine Macroeconomic Issues Page 4 of 30 Last printed 11/3/2006 2:27:00 PM On the goods side, the gradual evolution of the economy’s trade and industrial policy forced a restructuring of the industrial sector. This liberalization of the economy was accompanied by the enlarging role of ASEAN economic cooperation through the
Central Bank Digital Currency and Banking: Macroeconomic ...
www.bankofcanada.capolicy concern is that a CBDC, by competing with banks for deposit funding, could crowd out banking and reduce output—a point discussed in recent reports by the International Monetary Fund (Mancini-Griffoli et al., 2018) and the report by the Committee on Payments and Market Infrastructures of the Bank for International Settlements (2018).
Macroeconomic challenges and adjustments
www.treasury.gov.zaMacroeconomic challenges and adjustments The South African economy is expected to grow more ... The ultimate goals of South African economic policy are poverty reduction and human development. But human development also plays an important part …
MACROECONOMIC IMPLICATIONS OF COVID-19
www.nber.orgpolicy, as long as it is unimpeded by the zero lower bound, can have magnified effects, by preventing firm exits. Turning to optimal policy, closing down contact-intensive sectors and providing full insurance payments to affected workers can achieve the first-best allocation,
Macroeconomic Nowcasting and Forecasting with Big Data
www.newyorkfed.orgmacroeconomic conditions—the basis for making informed economic and policy decisions. Handling large and complex data sets was a challenge that macroeconomists engaged in real-time analysis faced long before “big data” became pervasive in other disciplines.
The macroeconomic impact of artificial intelligence
www.pwc.co.ukMacroeconomic impact of artificial intelligence 2 1.2. Research methodology Estimating the global economic impact of AI is a pressing and challenging task. As a result, we have used a complex, multi-stage modelling approach that focussed on …
Working Paper No. 891 - Levy Economics Institute
www.levyinstitute.orgmacroeconomic models integrating real markets with flow-of-funds analysis had been particularly successful in predicting the Great Recession of 2007–9. We introduce the general features of the SFC approach for a closed economy, showing how the core model has been extended to address issues such as financialization and income distribution.
Macroeconomic Theory - SSCC
www.ssc.wisc.eduMacroeconomic Theory Dirk Krueger1 Department of Economics University of Pennsylvania January 26, 2012 1I am grateful to my teachers in Minnesota, V.V Chari, Timothy Kehoe and Ed-ward Prescott, my ex-colleagues at Stanford, Robert Hall, Beatrix Paal and Tom Sargent, my colleagues at UPenn Hal Cole, Jeremy Greenwood, Randy Wright and