Author: Lazaros Errikos MolhoPublisher:
ISBN:
Category :
Languages : en
Pages : 248
Book Description
Monetary Policy and Selective Credit Controls in Greece
Author: Lazaros Errikos MolhoPublisher:
ISBN:
Category :
Languages : en
Pages : 248
Book Description
Monetary Policies of the Bank of Greece, 1949-1951
Author: A. J. KondonassisProblems of Development Policies
Author: Kōnstantinos A. ThanosPublisher:
ISBN:
Category : Economic development
Languages : en
Pages : 58
Book Description
An Analytic Formulation and Evaluation of the Existing Structure of Legal Reserve Requirements of the Greek Economy
Author: George D. DemopoulosPublisher:
ISBN:
Category : Bank reserves
Languages : en
Pages : 42
Book Description
The Effect of Credit Controls on the Allocation of Resources
Author: Efthymios CarolidesPublisher:
ISBN:
Category : Consumer behavior
Languages : en
Pages : 376
Book Description
IMF Staff papers
Author: International Monetary Fund. Research Dept.Publisher: International Monetary Fund
ISBN: 1451972881
Category : Business & Economics
Languages : en
Pages : 256
Book Description
This paper examines how the effects of fiscal policies are transmitted internationally. The analysis emphasizes that fiscal shifts of recent years constitute major disturbances to saving and investment flows. An increase in a country's fiscal deficit corresponds to a higher level of public sector dissaving. For increased foreign saving to enter through the capital account, the current account deficit must rise via an appreciating real exchange rate. An autonomous rise in investment, such as that induced by US tax measures passed in 1981–1982, produces qualitatively similar effects in the short run. Simulations suggest that a permanent fiscal deficit reduction of 1 percent of capacity output in any one of the three largest industrial countries produces a significant decline in real interest rates and a large initial depreciation in that country's currency. US tax incentives for investment would induce higher interest rates and an appreciated dollar. Simulations of the combined effects of increased US investment and observed movements in inflation-adjusted deficits in all three countries in 1981–1985 suggest that substantial fractions of these interest and exchange rate movements were related to shifts in fiscal policy.
Greek Economic Review
Author: Liquidity Ratios as Monetary Policy Tools: Some Historical Lessons for Macroprudential Policy
Author: Eric MonnetPublisher: International Monetary Fund
ISBN: 1498320473
Category : Business & Economics
Languages : en
Pages : 48
Book Description
This paper explores what history can tell us about the interactions between macroprudential and monetary policy. Based on numerous historical documents, we show that liquidity ratios similar to the Liquidity Coverage Ratio (LCR) were commonly used as monetary policy tools by central banks between the 1930s and 1980s. We build a model that rationalizes the mechanisms described by contemporary central bankers, in which an increase in the liquidity ratio has contractionary effects, because it reduces the quantity of assets banks can pledge as collateral. This effect, akin to quantity rationing, is more pronounced when excess reserves are scarce.
Stabilization policies in Greece in the context of modern macroeconomic theory
Author: Karl Jürgen Numrich, Carl Walter Meyer, Kurt NagelPublisher: Duncker & Humblot
ISBN: 9783428466078
Category : Business & Economics
Languages : en
Pages : 308
Book Description
Monetary Policy, Islamic Finance, and Islamic Corporate Governance
Author: Toseef AzidPublisher: Emerald Group Publishing
ISBN: 1800437889
Category : Business & Economics
Languages : en
Pages : 275
Book Description
Monetary Policy, Islamic Finance, and Islamic Corporate Governance: An International overview explores the interrelationships between corporate governance from the perspective of shari’ah, banking industry and monetary policy and is a must-read for students and professionals.