Money Monetary Policy category: 1222 books

Assessments regarding the effectiveness of sovereign debt restructurings are often summarized by comparisons of the net present value of debt service before and after the restructuring. These calculations are inherently sensitive to the choice of discount rate. This paper explores issues that arise...

The SDN looks at policies to foster growth in Europe. There is substantial empirical evidence that structural reforms can lift growth markedly in the medium to long term, but the current economic slack and cyclical headwinds argue for a more supportive approach. Policy measures on both the supply...

This proposed SDN—a sequel to “Global Imbalances in Midstream?” (Blanchard and Milesi-Ferretti, 2010)—would complement work being done by the IMF in response to the request of the G-20 to develop “indicative guidelines” for the reduction of global current account imbalances. Its purpose...

This title, first published in 1965, provides an analysis of the forces and mechanisms governing the formation of the overall level of money prices. Even though this problem has a long history, and in spite of its obvious practical importance, it remains one of the most poorly understood questions...

This paper assesses the proposal, publicly debated in recent years in Italy, to reduce public debt by selling public assets, especially nonfinancial tangible assets. The main findings indicate that, although selling public assets has some merit if done to make more productive use of them, practical...

Seminar paper from the year 2004 in the subject Economics - Monetary theory and policy, grade: 1,0, Australian Catholic University, Brisbane, course: International Affairs, 20 entries in the bibliography, language: English, abstract: On 1 January 1999 the euro has been introduced in the eurozone....