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Rational expectations (Economic theory) --- Macroeconomics --- macro-economie --- 330.00 --- 330.3 --- 331.061 --- 331.062 --- AA / International- internationaal --- 330.101 --- 330.105 --- Economics --- Expectations, Rational (Economic theory) --- Economic forecasting --- Time and economic reactions --- Uncertainty --- 330.105 Wiskundige economie. Wiskundige methoden in de economie --- Wiskundige economie. Wiskundige methoden in de economie --- 330.101 Economische analyse. Economische methodologie. Economische onderzoeksmethoden--(theoretische economie) --- Economische analyse. Economische methodologie. Economische onderzoeksmethoden--(theoretische economie) --- Economische en sociale theorieën: algemeenheden --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics --- Economische vooruitzichten --- Anticyclisch beleid. Rational expectations --- Economic development --- Mathematical models --- Anticipations rationnelles (Théorie économique) --- Macroéconomie --- Economic development - Mathematical models
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The paper uses data from transition economies in Central and Eastern Europe to assess four questions: (i) Did the standard blueprint for stabilization work, and was it implemented? (ii) To what extent was normal macroeconomics impeded by solvency problems in banks, and how successful have been policies to improve incentives within banks? (iii) Could financial markets and other infrastructure for monetary policy have been developed more quickly? (iv) How should transition economies respond to the monetary inflows that typically accompany success? The paper concludes by evaluating the changing advice offered by external agencies during the 1990s.
Banks and Banking --- Exports and Imports --- Foreign Exchange --- Money and Monetary Policy --- Inflation --- Demand for Money --- Monetary Policy --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- International Investment --- Long-term Capital Movements --- Interest Rates: Determination, Term Structure, and Effects --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Price Level --- Deflation --- Banking --- Currency --- Foreign exchange --- International economics --- Finance --- Monetary economics --- Macroeconomics --- Exchange rates --- Capital inflows --- Real interest rates --- Bank credit --- Balance of payments --- Financial services --- Prices --- Real exchange rates --- Banks and banking --- Capital movements --- Interest rates --- Credit --- Czech Republic
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Pursuit of price stability may, but need not, exacerbate output fluctuations. This paper discusses the monetary strategy of the European Central Bank, the intermediate targets that this should entail, and implications for accountability, transparency, and reputation. Country-specific shocks will remain but output correlation may not reflect the old pattern of core and peripheral countries. The Stability Pact will force some countries to switch off their automatic stabilizers; others, with fewer fiscal problems, can retain them. Output correlations in EMU may reflect a fiscal core and fiscal periphery. Additional labor market flexibility remains the best solution.
Banks and Banking --- Inflation --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Foreign Exchange --- Price Level --- Deflation --- Monetary Policy --- Fiscal Policy --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary economics --- Banking --- Currency --- Foreign exchange --- Inflation targeting --- Price stabilization --- Fiscal policy --- Prices --- Monetary policy --- Exchange rates --- Government policy --- Banks and banking --- United Kingdom
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David Begg examines how four small open economies- Finland, Denmark, the Netherlands and Ireland- have managed the stresses and strains of Europeanisation since the single market came into being, and as fault lines begin to appear within the European integration project. In particular, he drills down into the Irish Polity to see how its institutions have engaged with Europe and how decisions on critical issues like integration, EMU and Social Partnership were reached. He finds that both Ireland and Europe are at a critical juncture for different but interconnected reasons, and identifies the options that are available to them.
International relations. Foreign policy --- Politics --- Economic policy and planning (general) --- Economics --- politieke wetenschappen --- economie --- economische politiek --- politiek --- Europese instellingen --- Europese politiek --- internationale betrekkingen --- European Union --- Europe --- United States of America
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Economics --- Economie politique --- Problèmes, exercices, etc.
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