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Addressing the “Wicked Problem” of Input Subsidy Programs in Africa

Jacob Ricker-Gilbert, Thomas Jayne and Gerald Shively.

in Applied Economic Perspectives and Policy

June 2013; p ublished online February 2013 .

Journal Article. Subjects: Corporate Regulation; Development Planning and Policy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Agricultural Economics; Economic Development. 8875 words.

This article reviews and critically assesses evidence on input subsidy programs implemented in selected countries over the past decade in Africa. We believe that input subsidies should be...

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Aggregate fiscal policy under the Labour government, 1997–2010

Simon Wren-Lewis.

in Oxford Review of Economic Policy

January 2013; p ublished online June 2013 .

Journal Article. Subjects: National Budget, Deficit, and Debt; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 11278 words.

This paper explores the Labour government’s fiscal policy performance at the macroeconomic level. This analysis is in two halves. The first covers the period up until the Great Recession,...

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Alternative Economic Policies for the Economic and Monetary Union

Malcolm Sawyer.

in Contributions to Political Economy

June 2013; p ublished online June 2013 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7562 words.

The problems of the euro area stem from design faults of the Economic and Monetary Union (EMU) with current account imbalances, differential inflation, and a poor macroeconomic framework,...

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The Apostles’ justice: Cambridge reflections on economic inequality from Moore’s <i>Principia Ethica</i> to Keynes’s <i>General Theory</i> (1903–36)

Daniela Donnini Macciò.

in Cambridge Journal of Economics

May 2016; p ublished online September 2015 .

Journal Article. Subjects: Individual Economists; Microeconomics; Welfare Economics; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 16131 words.

This article explores economic justice in the writings of the Cambridge authors G. L. Dickinson, G. Shove, R. Hawtrey, D. H. Robertson, H.O. Meredith, J. H. Bell and F. Ramsey, who were...

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Assets and liabilities and Scottish independence

Angus Armstrong and Monique Ebell.

in Oxford Review of Economic Policy

January 2014; p ublished online August 2014 .

Journal Article. Subjects: National Budget, Deficit, and Debt; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 6841 words.

This paper considers how the economically important assets, liabilities, and institutions in the UK could be divided if Scotland becomes an independent country. We find that on the basis of...

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At the crossroads: the euro and its central bank guardian (and saviour?)

Jörg Bibow.

in Cambridge Journal of Economics

May 2013; p ublished online April 2013 .

Journal Article. Subjects: Monetary Policy, Central Banking, and the Supply of Money and Credit; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; History of Economic Thought (1925 onwards). 9542 words.

This paper investigates the role of the European Central Bank (ECB) in the (mal)functioning of Europe’s Economic and Monetary Union (EMU), focusing on the German intellectual and historical...

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Austerity versus stimulus: the polarizing effect of fiscal policy

Richard McManus.

in Oxford Economic Papers

July 2015; p ublished online March 2015 .

Journal Article. Subjects: Fiscal Policies and Behaviour of Economic Agents; Prices, Business Fluctuations, and Cycles; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 7512 words.

Through constructing a new Keynesian DSGE model with heterogeneous agents, this article investigates both the aggregate and distributional consequences of fiscal policy. Polarized...

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Bailouts and Financial Fragility

Todd Keister.

in The Review of Economic Studies

April 2016; p ublished online October 2015 .

Journal Article. Subjects: Banking; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Financial Regulation. 16296 words.

Should policy makers be prevented from bailing out investors in the event of a crisis? I study this question in a model of financial intermediation with limited commitment. When a crisis...

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A bright future can be ours! Macroeconomic policy for non-eurozone Western countries

J. W. Nevile and Peter Kriesler.

in Cambridge Journal of Economics

November 2014; p ublished online March 2013 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Monetary Policy, Central Banking, and the Supply of Money and Credit; Macroeconomics and Monetary Economics. 10422 words.

Radical changes in macroeconomic policy could produce a brighter future. The neoclassical myth that a free-market economy inevitably moves to an equilibrium position determined solely by...

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Budget Institutions and Fiscal Performance in Africa

Sophia Gollwitzer.

in Journal of African Economies

January 2011; p ublished online October 2010 .

Journal Article. Subjects: National Budget, Deficit, and Debt; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 13530 words.

This paper develops an index measuring the adequacy of the institutions, rules and procedures governing the budget process in forty-six African countries, presenting the most comprehensive...

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