Category: Macroeconomics
Unfunded fiscal shocks were not the main driver of Japan’s inflation
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Analysis of how fiscal shocks influenced inflation in Japan over four decades, revealing demand and monetary factors rather than fiscal imbalances as primary drivers.
Inflation volatility in Tunisia depends on fiscal coordination and transparency
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Explore how central bank independence and transparency affect inflation volatility in small open economies like Tunisia through game theory and empirical analysis.
Financial development and growth show an inverted-U pattern
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Endogenous growth model showing financial development creates opposing effects on growth through improved funding access and increased R&D competition for limited innovation resources.
Oil shock responses changed after Russia’s 2014 structural shift
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Subsample analysis reveals structural breaks in Russia’s oil revenue shock transmission mechanisms post-2014, showing reversed fiscal policy effects and strengthened monetary policy inflation.
