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In recent years, several central banks conduct, assess, and discuss the core lessons, rules, and challenges from their monetary policy framework r
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International climate change can cause an adverse impact on long-term real GDP economic growth. USC climate change economist Hashem Pesaran and his co-autho
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Innovative investment theory and practice Corporate investment can be in the form of real tangible investment or intangible investment. The former conce
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Economic policy incrementalism for better fiscal and monetary policy coordination Traditionally, fiscal and monetary policies were made incrementally. In
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Internal capital markets and financial constraints Duchin (JF 2010) empirically finds that multidivisional firms with robust internal capital markets ret
2018-01-19 11:32:00 Friday ET

Most major economies grow with great synchronicity several years after the global financial crisis. These economies experience high stock market valuation,