... de-leverage without falling back into recession. Meanwhile, emerging countries will have to find aa way to curb inflation and avoid economic bubbles. In the long term, one ...
... conditions (expectations about future inflation for instance). On the whole, studying the RIP shou... while it fits with the beginning of the recession in Sweden (1990:09) over the period 1991-1993. In ...
...Consumption . The after-effects of the recession are still an issue for consumer confidence in deve..., and strategies for credit and inflation risks. . Commodities . The International Monetary ...
... les éventualités imprévisibles - récessions graves, conflits, catastrophes naturelles ou autre... tenir compte du fait que les taux d'inflation élevés, notamment au début des années 1970, on...
... taxes have declined in the wake of the recession. . Annually recurring, excessive budget deficits s... higher taxes and levies or soaring inflation. . The by-product of this? Higher risk premiums. C...
... economic growth and worsened the recession. In December 2000, the International Monetary Fund... the peso immediately depreciated and inflation increased further. . The Argentine economy has not...
This short policy paper looks at the implications of asset price bubbles for the Swiss economy over the two last decades, and attempts at inferring policy recommendations. We argue that such bubbles are generally damaging for the overall economy. Further, concentrating our attention on bubbles that are identified, we ask what kind of policy central banks should adopt in two given situations. We argue that in the case of housing price bubbles, emergency measures specifically directed at the housing market might be superior to conventional monetary policy; and that when faced with an emerging stock market bubble, an autonomous central bank of a small open economy should focus on the aftermath of the bust, taking advantage of its ability to conduct a policy tailored to the domestic needs.
... reduction and stabilisation of inflation in industrialised economies combined with a genera... and the Swiss economy went into a recession characterised by virtually no growth during about ...
... 2010 is that the world will emerge from recession. However, affluent parts of the world are still ha.... Current uncertainty about the inflation outlook is as high as it has ever been since the e...
... recettes fiscales, voire hausse de l'inflation) font actuellement l'objet d'un âpre débat. Pers... ne permet pas toujours d'éviter la récession, en atténue néanmoins les effets, ce qui justifi...
... growth, Switzerland is heading for a recession, the likes of which has not been seen for at least... in the price of oil also mean that inflation will decline substantially next year, said the SNB...
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