Author: Louise Holm
Publisher: Goteborg University
ISBN:
Category : Business cycles
Languages : en
Pages : 118
Book Description
A Non-stationary Perspective on the European and Swedish Business Cycle
Author: Louise Holm
Publisher: Goteborg University
ISBN:
Category : Business cycles
Languages : en
Pages : 118
Book Description
Publisher: Goteborg University
ISBN:
Category : Business cycles
Languages : en
Pages : 118
Book Description
Hysteresis and Business Cycles
Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Essays on Performance and Growth in Swedish Banking
Author: Pål Sjöberg
Publisher: Goteborg University
ISBN:
Category : Banks and banking
Languages : en
Pages : 142
Book Description
Description de l'éditeur disponible à l'adresse
Publisher: Goteborg University
ISBN:
Category : Banks and banking
Languages : en
Pages : 142
Book Description
Description de l'éditeur disponible à l'adresse
Essays on Conflict, Institutions, and Ethnic Diversity
Author: Pelle Ahlerup
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 204
Book Description
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 204
Book Description
EMU — A Swedish Perspective
Author: Lars Calmfors
Publisher: Springer Science & Business Media
ISBN: 1461561833
Category : Business & Economics
Languages : en
Pages : 372
Book Description
EMU - A Swedish Perspective provides a comprehensive and up-to-date survey of the EMU project. The main advantages and disadvantages of a single currency are evaluated. A key feature of the analysis is the attempt to integrate economic and political aspects. The book is a revised version of the report by the Swedish Government Commission on the EMU. Although the analysis focuses on the consequences for Sweden of joining versus not joining the monetary union, it is highly relevant for the discussion in all EU countries. The book provides an in-depth analysis of how the demands on economic policy will be affected by the monetary union. Various chapters discuss monetary policy and inflation, fiscal policy, unemployment and labour markets, the transition to monetary union, and the exchange-rate arrangements between participants and non-participants. Other chapters analyse the importance of the EMU for European political integration, democratic aspects, and how membership in the monetary union will affect the possibilities for an individual member state to exert influence within the EU. EMU - A Swedish Perspective should be of interest to professional economists and political scientists, students, and all others who want to form an opinion about the monetary union on the basis of a balanced assessment of the consequences. EMU - A Swedish Perspective provides a comprehensive and up-to-date survey of the EMU project. The main advantages and disadvantages of a single currency are evaluated. A key feature of the analysis is the attempt to integrate economic and political aspects. The book is a revised version of the report by the Swedish Government Commission on the EMU. Although the analysis focuses on the consequences for Sweden of joining versus not joining the monetary union, it is highly relevant for the discussion in all EU countries.
Publisher: Springer Science & Business Media
ISBN: 1461561833
Category : Business & Economics
Languages : en
Pages : 372
Book Description
EMU - A Swedish Perspective provides a comprehensive and up-to-date survey of the EMU project. The main advantages and disadvantages of a single currency are evaluated. A key feature of the analysis is the attempt to integrate economic and political aspects. The book is a revised version of the report by the Swedish Government Commission on the EMU. Although the analysis focuses on the consequences for Sweden of joining versus not joining the monetary union, it is highly relevant for the discussion in all EU countries. The book provides an in-depth analysis of how the demands on economic policy will be affected by the monetary union. Various chapters discuss monetary policy and inflation, fiscal policy, unemployment and labour markets, the transition to monetary union, and the exchange-rate arrangements between participants and non-participants. Other chapters analyse the importance of the EMU for European political integration, democratic aspects, and how membership in the monetary union will affect the possibilities for an individual member state to exert influence within the EU. EMU - A Swedish Perspective should be of interest to professional economists and political scientists, students, and all others who want to form an opinion about the monetary union on the basis of a balanced assessment of the consequences. EMU - A Swedish Perspective provides a comprehensive and up-to-date survey of the EMU project. The main advantages and disadvantages of a single currency are evaluated. A key feature of the analysis is the attempt to integrate economic and political aspects. The book is a revised version of the report by the Swedish Government Commission on the EMU. Although the analysis focuses on the consequences for Sweden of joining versus not joining the monetary union, it is highly relevant for the discussion in all EU countries.
Essays in Empirical Finance
Author: Anders C. Johansson
Publisher: Goteborg University
ISBN:
Category : Capital market
Languages : en
Pages : 180
Book Description
Publisher: Goteborg University
ISBN:
Category : Capital market
Languages : en
Pages : 180
Book Description
Essays on Microeconometrics and Immigrant Assimilation
Author: Alpaslan Akay
Publisher: Goteborg University
ISBN:
Category : Immigrants
Languages : en
Pages : 154
Book Description
Publisher: Goteborg University
ISBN:
Category : Immigrants
Languages : en
Pages : 154
Book Description
Essays on Epistemology and Evolutionary Game Theory
Author: Elias Tsakas
Publisher:
ISBN:
Category : Game theory
Languages : en
Pages : 90
Book Description
Publisher:
ISBN:
Category : Game theory
Languages : en
Pages : 90
Book Description
Essays on Social Distance, Institutions, and Economic Growth
Author: Gustav Hansson
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 198
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 198
Book Description
Four Essays on Interhousehold Transfers and Institutions in Post-Communist Romania
Author: Andreea Mitrut
Publisher:
ISBN:
Category : Romania
Languages : en
Pages : 182
Book Description
Publisher:
ISBN:
Category : Romania
Languages : en
Pages : 182
Book Description