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OECD economic survey : South Africa.
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ISBN: 9264182322 9264182306 9789264182325 Year: 2013 Publisher: Paris : OECD,

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The collected writings of John Maynard Keynes.
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ISBN: 1139524267 0521221048 1107667933 Year: 2013 Publisher: Cambridge : Cambridge University Press for the Royal Economic Society,

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This volume, with its companion, Volume 13, provides all the surviving letters, drafts and articles arising from Keynes's work as a monetary economist between 1924 and 1939. It contains wherever possible both sides of all correspondence concerning his Treatise on Money and General Theory, both before and after publication, as well as complete texts of all surviving drafts of both works. In addition it contains important correspondence concerning D. H. Robertson's Banking Policy and the Price Level and such post-General Theory contributors as R. F. Harrod's first work on the theory of economic growth. As such, it provides a remarkable chronicle of one man's intellectual development over the quarter of a century that saw a revolution in economics.


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Stability of the financial system : illusion or feasible concept?
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ISBN: 9781782547846 9781782547839 Year: 2013 Publisher: Cheltenham Edward Elgar

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Since 2008, financial stability has moved to the centre of the policy stage. This volume, combining contributions from leading policy makers and academics, is an essential introduction to the issues.


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Capital market anomalies : explained by humans irrationality
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ISBN: 3954890305 3954895307 9783954895304 9783954890309 Year: 2013 Publisher: Hamburg : Anchor Academic Pub.,

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Hauptbeschreibung Why do small caps achieve higher risk-adjusted yields than large caps? Why do stock prices increase or decrease upon an index entry respectively deletion? Why does January records higher yields than the remaining months of the year? These as well as other observed capital market anomalies or phenomena could be insufficiently explained by the classical capital market theory, which proceeds on the assumptions that all correspondent information are reflected in the stock prices, all negative effects are directly balanced on the market level and that efficiency of arbitrage princ


Book
The collected writings of John Maynard Keynes.
Authors: ---
ISBN: 1139524143 0521230713 1107618010 Year: 2013 Publisher: Cambridge : Cambridge University Press for the Royal Economic Society,

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This volume brings together Keynes's attempts to influence public opinion and policy concerning primarily British affairs between 1922 and 1929. During this period, his major concerns were Britain's attempt to return to the gold standard and its consequences, industrial policy (especially in the cotton textile industry) and unemployment policy, although he became briefly involved in many other subjects. Most of the volume consists of Keynes's journalism for the period, but it also contains his previously unpublished evidence to official committees, anonymous contributions to The Nation and Athenaeum and related correspondence.


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Dreaming of money in Ho Chi Minh City
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ISBN: 0295992751 0295992743 0295804629 9780295804620 9780295992754 9780295992747 Year: 2013 Publisher: Seattle : University of Washington Press,

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"The expanding use of money in contemporary Vietnam has been propelled by the rise of new markets, digital telecommunications, and an ideological emphasis on money's autonomy from the state. People in Vietnam use the metaphor of "open doors" to describe their everyday experiences of market liberalization and to designate the end of Vietnam's postwar social isolation and return to a consumer-oriented environment. Dreaming of Money in Ho Chi Minh City examines how money is redefining social identities, moral economies, and economic citizenship in Vietnam. It shows how people use money as a standard of value to measure social and moral worth, how money is used to create new hierarchies of privilege and to limit freedom, and how both domestic and global monetary politics affect the cultural politics of identity in Vietnam. Drawing on interviews with shopkeepers, bankers, vendors, and foreign investors, Allison Truitt explores the function of money in everyday life. From counterfeit currencies to streetside lotteries, from gold shops to crowded temples, she relates money's restructuring to performances of identity. By locating money in domains often relegated to the margins of the economy--households, religion, and gender--she demonstrates how money is shaping ordinary people's sense of belonging and citizenship in Vietnam"--


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Economic reform in India : challenges, prospects, and lessons
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ISBN: 1139564471 1139554646 1139550934 1283942909 1139549685 113909663X 1139555898 113955218X 1107020042 110743680X 9781139549684 9781139096638 9781139552189 9781107020047 9781283942904 9781107436800 1139887599 Year: 2013 Publisher: New York : Cambridge University Press,

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The essays in this volume are written by leading economists working on the Indian economy. They collectively emphasize the importance of policies and institutions for sustained growth and poverty reduction, stressing that the success of sector-specific policies is vitally dependent on the nature of markets and the functioning of institutions such as those charged with regulating and overseeing critical sectors. Individual contributions assess the role of Indian government policy in key sectors and emphasize the policies required to ensure improvements in these sectors. The first section discusses aspects of the macro economy; the second deals with agriculture and social sectors; the third with jobs and how labor markets function in agriculture, industry and services; and the fourth with infrastructure services, specifically electricity, telecommunications and transport. The essays are drawn from the most influential papers presented in recent years on Indian economic policy at the Stanford Center for International Development.


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Libya : Selected Issues.
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ISBN: 1484389352 1484322703 1484340485 Year: 2013 Publisher: Washington, D.C. : International Monetary Fund,

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The cost of energy subsidies is large, and reduces the fiscal space available for public expenditure priorities, including education, health, and infrastructure. Libya’s ample hydrocarbon wealth will allow it to reform subsidies while protecting the poor. A gradual phasing out of subsidies would allow adjustment in consumption and minimize the inflationary impact, thereby allowing the social assistance system to be strengthened. After a transfer mechanism is in place to facilitate fuel and electricity subsidy reform, food subsidy reform should be undertaken.


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System Priors : Formulating Priors about DSGE Models' Properties
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ISBN: 1484318706 1475548818 1484319001 Year: 2013 Volume: WP/13/257 Publisher: Washington, D.C. : International Monetary Fund,

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This paper proposes a novel way of formulating priors for estimating economic models. System priors are priors about the model's features and behavior as a system, such as the sacrifice ratio or the maximum duration of response of inflation to a particular shock, for instance. System priors represent a very transparent and economically meaningful way of formulating priors about parameters, without the unintended consequences of independent priors about individual parameters. System priors may complement or also substitute for independent marginal priors. The new philosophy of formulating priors is motivated, explained and illustrated using a structural model for monetary policy.


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Inflation Dynamics and Monetary Policy Transmission in Vietnam and Emerging Asia
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ISBN: 1475575238 1484356918 1475573006 Year: 2013 Volume: WP/13/155 Publisher: Washington, D.C. : International Monetary Fund,

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This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging market economies in the region? It focuses on understanding the monetary policy transmission mechanism in Vietnam, and in understanding the extent to which monetary policy can explain why inflation in Vietnam has been higher than in other Asian emerging markets over the past decade.

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