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Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: Lucky's Textbooks, Dallas, TX, U.S.A.
Book
Condition: New.
Published by VDM Verlag, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: Ria Christie Collections, Uxbridge, United Kingdom
Book Print on Demand
Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book.
Published by VDM Verlag 2009-12, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: Chiron Media, Wallingford, United Kingdom
Book
PF. Condition: New.
Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany
Book Print on Demand
Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book contributes to the debate of policies or institutions by separately quantifying the long-run welfare effects of policy--in particular, monetary policy--versus the long-run welfare effects of institutions. The results show that although institutions contribute more to welfare in the long- run, the significant role of monetary policy which is not stemmed from the underlying institutions cannot be minimized. An important policy implication of this study suggests that developing economies can get larger welfare gains from improving their institutions than from reducing inflation volatility. This policy implication does not overlook the role that can be played by the monetary policy in growth, but improving institutions has couple of positive welfare effects: a direct effect through reducing the resource waste in the economy, and an indirect effect that acts through the institutions impact on reducing the damage of inflation volatility on growth. Furthermore, this policy implication is intuitive in the sense that reducing inflation volatility is costly on output, while improving financial institutions is a cost free policy. 164 pp. Englisch.
Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Book Print on Demand
PAP. Condition: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: moluna, Greven, Germany
Book
Kartoniert / Broschiert. Condition: New.
Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: AHA-BUCH GmbH, Einbeck, Germany
Book Print on Demand
Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This book contributes to the debate of policies or institutions by separately quantifying the long-run welfare effects of policy--in particular, monetary policy--versus the long-run welfare effects of institutions. The results show that although institutions contribute more to welfare in the long- run, the significant role of monetary policy which is not stemmed from the underlying institutions cannot be minimized. An important policy implication of this study suggests that developing economies can get larger welfare gains from improving their institutions than from reducing inflation volatility. This policy implication does not overlook the role that can be played by the monetary policy in growth, but improving institutions has couple of positive welfare effects: a direct effect through reducing the resource waste in the economy, and an indirect effect that acts through the institutions impact on reducing the damage of inflation volatility on growth. Furthermore, this policy implication is intuitive in the sense that reducing inflation volatility is costly on output, while improving financial institutions is a cost free policy.
Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Book Print on Demand
PAP. Condition: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000.
Published by VDM Verlag Dr. Müller, 2009
ISBN 10: 3639210891ISBN 13: 9783639210897
Seller: Mispah books, Redhill, SURRE, United Kingdom
Book
Paperback. Condition: Like New. Like New. book.