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Recession And Recovery In The United Kingdom In The 1990 L927s
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Book Synopsis Recession and Recovery in the United Kingdom in the 1990'+L927s by : Mr.Luis Catão
Download or read book Recession and Recovery in the United Kingdom in the 1990'+L927s written by Mr.Luis Catão and published by International Monetary Fund. This book was released on 1995-04-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a vector autoregression (VAR) approach to identify the causes of the 1990-92 recession in the UK. The VAR approach is shown to be particularly pertinent for quantifying the relative magnitude of the different demand shocks, and in decomposing them into monetary and expectational factors. The main finding is that the recent recession was precipitated primarily by shocks to consumption, and that monetary factors explain just part of this contraction. The VAR model also offers interesting insights about the long duration of the recession and the nature of the recovery that is currently underway.
Book Synopsis Recession and Recovery in the United Kingdom in the 1990s by : Luis Catão
Download or read book Recession and Recovery in the United Kingdom in the 1990s written by Luis Catão and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a vector autoregression (VAR) approach to identify the causes of the 1990-92 recession in the UK. The VAR approach is shown to be particularly pertinent for quantifying the relative magnitude of the different demand shocks, and in decomposing them into monetary and expectational factors. The main finding is that the recent recession was precipitated primarily by shocks to consumption, and that monetary factors explain just part of this contraction. The VAR model also offers interesting insights about the long duration of the recession and the nature of the recovery that is currently underway.
Book Synopsis From Recession to Recovery by : Universities UK.
Download or read book From Recession to Recovery written by Universities UK. and published by . This book was released on 2009 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recession and Recovery written by and published by . This book was released on 2009 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis World Food Prices and Monetary Policy by : Roberto Chang
Download or read book World Food Prices and Monetary Policy written by Roberto Chang and published by International Monetary Fund. This book was released on 2010-07-01 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The large swings in world food prices in recent years renew interest in the question of how monetary policy in small open economies should react to such imported price shocks. We examine this issue in a canonical open economy setting with sticky prices and where food plays a distinctive role in utility. We show how world food price shocks affect natural output and other aggregates, and derive a second order approximation to welfare. Numerical calibrations show broad CPI targeting to be welfare-superior to alternative policy rules once the variance of food price shocks is sufficiently large as in real world data.
Book Synopsis From the Great Recession to Labour Market Recovery by : I. Islam
Download or read book From the Great Recession to Labour Market Recovery written by I. Islam and published by Springer. This book was released on 2010-12-14 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on the impact of the Great Recession from the perspective of both developing and developed countries. It traces the complex and multiple causes of the Great Recession, delineates the diversity in the macroeconomic and labour market consequences, and highlights the effectiveness of policy responses undertaken so far.