Communist and Post-Communist Studies, Vol. 49, No. 2 (June 2016), pp. 113-122 (10 pages) Previous studies have explored regional performance from the perspective of endogenous growth theory. This ...
This paper analyzes the impact of the interaction between monetary policy and fiscal policy on the stability of an one-sector AK economy. The monetary authority pegs the money growth factor while the ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Standard New Keynesian (NK) models feature an optimal inflation target well below two percent, limited welfare losses from ...
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