Search Results for Automatic Adjustment Mechanisms

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In an environment characterized by weak contractual enforcement, sovereign lenders can enhance...

When policymakers have little option but to consider a sizable fiscal adjustment, they are...

This paper studies how the composition of fiscal adjustments influences their likelihood of...

We develop a simple semistructural model for the Rwandan economy to better understand the...

Many central banks in low-income countries in Sub-Saharan Africa are modernising their monetary...

Abstract Empirical evidence is mounting that, in advanced economies, changes in monetary policy...