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Macroeconomics: Consumption, Saving, Production, Employment, and Investment x Macroeconomic Aspects of International Trade and Finance x Prices, Business Fluctuations, and Cycles x clear all

Inflation and economic growth in an open developing country: the case of Brazil

Carolina Troncoso Baltar.

in Cambridge Journal of Economics

September 2015; p ublished online December 2014 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Macroeconomic Aspects of International Trade and Finance. 9938 words.

This articles studies the relationship between inflation and GDP growth after trade and financial liberalisation in Brazil. The aim is to provide an explanation for the inverse relationship...

The liquidation of government debt

Carmen M. Reinhart and M. Belen Sbrancia.

in Economic Policy

April 2015; p ublished online March 2015 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Macroeconomics and Monetary Economics; Growth and Fluctuations; International Finance; National Budget, Deficit, and Debt; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Macroeconomic Aspects of International Trade and Finance. 17204 words.

High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression (FR), a tax on bondholders and savers via negative or...

Real wage rigidity and the unemployment volatility puzzle in small open economies

Tord S. Krogh.

in Oxford Economic Papers

January 2016; p ublished online August 2015 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Macroeconomic Aspects of International Trade and Finance. 7705 words.

Standard search models of the labour market feature a volatility puzzle: labour market variables move too little in response to productivity shocks. I investigate if real wage rigidity is...