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This article reviews the role of monetary and fiscal policy in the financial crisis and draws lessons for future macroeconomic policy. It shows that policy deviated from what had worked well in the ...
Scholars have recommended taking a closer look at firms that raise funds from the financial system as a way of understanding the relation between finance and growth. This article explores the role of ...
The article focuses on the financial markets and federal funds rates of the U.S. federal funds market. The market participants believe that the federal funds rate will be closer to a level consistent ...
The article focuses on the money and financial markets in the United States. Implied yields from Eurodollar futures fell in August and September, 2005 suggesting that market participants expect the cu...
An interesting analog circuit for simulating a signal with fluctuations having a probability density function with a power tail has recently been proposed and constructed. The exponent of the power la...
This paper examines empirically the determinants of financial market development in Africa with an emphasis on banking systems and stock markets. The results show that income level, creditor rights pr...
Deals with the promotion of financial services as global products. Approaches to developing financial markets; Difference between the spirit of a financial market development tool and the direct appli...
Examines the accumulation of foreign currency reserve assets and explore its implications for monetary policy, global financial markets and the U.S. economy. Explanation on the simplified central bank...
Abstract The dramatic evolution of global finance in the last three decades has seen intensified competition among the world's major cities to become prominent control centers of global financial flow...
The article focuses on financial crisis in the U.S. economy, mortgage securitization, factors causing crisis development, and effects on monetary policy. It states that crisis in mortgage led to mortg...
As observed by Calvo (2002) , the world financial market is wrought with systemic hazards that are largely independent to the individual countries affected. Systemic problem requires systemic instrume...
Since the 1980s, income disparity has increased significantly in the People’s Republic of China, largely as a result of widening urban–rural income gaps. The urban–rural inequality stems from the du...

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