In turn, this generates a contractionary effect on output. Thus, unless the government has plenty of room to finance an increase in aggregate demand without affecting the interest rate much ...
Contractionary policy is supposed to reduce aggregate demand, encourage savings, slow down the rate of inflation, or burst asset bubbles. While expansionary policy is analogous to pushing on the ...
Preceding each of the stagflations was a period of contractionary monetary policies. We can see this by observing rising fed funds rates prior to each stagflation. The fed funds rate, the interest ...
The economic situation in Bangladesh improved in September compared to the preceding month but remains in a contractionary mode, suggests the latest Bangladesh Purchasing Managers' Index (PMI).
We re‐examine the determinants of current account balances (CAB) and the saving-investment nexus with focus on emerging market and developing economies (EMDEs). We are in a new age in terms of facing ...