PPT-MONETARY AND FISCAL POLICIES

Barbulean STAGES OF INFLATION 1 CREEPING INFLATION 03 2 WALKING INFLATION 3 7 3 RUNNING INFLATION 10 20 4 HYPER INFLATION 20 and abv TYPES OF INFLATION. An . International Perspective. Jeffrey Frankel. Seminar on Macroeconomic . Policy. Harvard Economics Department. April 28, 2015. “Fiscal alchemy”?. Eric . Leeper. had it . backwards:. ". Monetary science, fiscal alchemy" . Tokyo Fiscal Forum. Tokyo, 10-11 June 2015. José Luis Escrivá. Fiscal local government overview. 2. Three highly decentralized countries with high level of local government debt. Tokyo Fiscal Forum, 10-11 June 2015. Charles Wyplosz. The Graduate Institute, Geneva. Council for Budget Responsibility of Slovakia. Seminar on Macroeconomic and Fiscal Issues. Bratislava, May 5, 2014. . Do we need a fiscal union?. No. Steven Barnett. (May 2010). Summary and Outline. Inflation poses a major risk. Too high and rising. Broad-based . Not just meat prices. Also excess demand. Monetary tightening must continue. Control inflation expectations. Olivier Blanchard. Giovanni Dell’Ariccia. Paolo Mauro . Stockholm. , November 21. st. , 2011 . The views in this presentation are those of the authors and do not necessarily represent those of the IMF. Policy. Economics. Monetary Policy. Monetary Policy. The expansion or contraction of the money supply in order to influence the cost and the availability of credit. Federal Reserve. Privately owned, publicly run, central bank of the United States of America. Macro-policy and Inflation. Steven Barnett. (May 2010). Main Points. Inflation should be BOM’s main objective. Inflation outlook is worrisome. Monetary policy tightening should continue. Fiscal policy should not add to demand. Monetary Policy. Fiscal and Monetary Policy. The Nature of Fiscal Policy. THE NATURE OF FISCAL POLICY. The purpose of fiscal policy. correcting a fundamental disequilibrium. fine tuning. Government finances. . and. . the. Exchange Rate in . the. . Keynesian. Model. Caves, Frankel and Jones (2007) World Trade and Payments, 10e, Pearson. Course in International finance. International Master in Quantitative Finance. John Maynard Keynes & Milton Friedman. Module 35 Essential Questions. Why . was classical . macroeconomics . inadequate . for the problems posed by the Great . Depression?. How . did Keynes . and the experience of the Great Depression . The Influence of Monetary and Fiscal Policy on Aggregate Demand. Monetary policy refers to the control of a country’s quantity of money by its central bank. We saw the . long-run effects. of monetary policy in Chapter 12 (Money Growth and Inflation). Lessons. . for. . Monetary. . Unions. Plamen . Nikolov. (European . Commission. *). Paolo . Pasimeni. (European . Commission. * and IES-VUB). 21st Workshop on Public Finance. Rome, 20-22 March 2019. Carlos. da Silva Costa. • . Governor. . Outline. Monetary Union and Economic Growth. Reforms at national level. Reform at the European Level. Conclusions. I. Monetary Union and Economic Growth . Macro prudential . Policies: The Role of New Monetary Policy Rules. Dr. Nicholas . Apergis. University of Piraeus. Event: . ADFIMI International Development Forum Meeting. Doha 25/04/2016. Roadmap. ► The new banking environment: idiosyncratic...