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Djeneba Dramé, Author ; Florian Léon, Author | Clermont-Ferrand : Fondation pour les études et recherches sur le développement international (Ferdi) | Document de travail / Working Paper | 2023-12-14The debate on the effectiveness of monetary policy in developing countries remains open. We shed new light on this issue by examining whether managers' perceptions of financial constraints are shaped after a change in monetary poli[...]
This book is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies. Significantly updated for the fourth edition, the text provides an understanding of the [...]
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Alexandru Minea, Author ; Christophe Rault, Author |The presence of a Currency Board (CB) monetary system in Bulgaria is a key factor in assessing monetary policy transmission. Using a generalized impulse response analysis, we propose evidence based on the estimation of VAR models supporting the [...]
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We extend the [Barro, R., 1990. Government spending in a simple model of economic growth. Journal of Political Economy 98, 103–125] model to money financing of public expenditures, in a setup where money demand is motivated by a ‘‘transaction co[...]
This thesis is based on three essays focused on analysis of the excess liquidity in the CEMAC countries. The first one identifies the determinants of excess liquidity in developing countries by studying the case of CEMAC member countries from 19[...]
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"The subject matter of international economics, then, consists of issues raised by the special problems of economic interaction between sovereign states.” (Krugman et al., 2011)Institutional innovation fosters the development of t[...]
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