Titlebook: Contemporary Issues in Macroeconomics; Lessons from The Cri Joseph E. Stiglitz (University Professor),Martin G Book 2016 The Editor(s) (if

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Learning, Expectations, and the Financial Instability HypothesisExpectations matter. Many economic and financial decisions depend on the perception of future incomes and prices. The evolution of expectations, and how correct they are over time, determines the stability of the system.

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The Short- and Long-Run Damages of Fiscal Austerity: Keynes beyond SchumpeterIn this work, we employ the Keynes+Schumpeter (K+S) agent-based model (Dosi et al., 2010, 2013, 2015) to compare short- and long-run effects of Keynesian fiscal policies vis-à-vis austerity rules.

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Nurul Islam Nazem,Md. Anwar Hossainchange rate and nominal unit labour costs. Both are measures of price/cost competitiveness, and they make sense as warning signals only if the external imbalances have been caused by a loss of price (cost) competitiveness in the EU periphery relative to the core. This is indeed the .in policy circle

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Structural Divergence and Crisis in the Eurozone: The Role of NAIRU Economicschange rate and nominal unit labour costs. Both are measures of price/cost competitiveness, and they make sense as warning signals only if the external imbalances have been caused by a loss of price (cost) competitiveness in the EU periphery relative to the core. This is indeed the .in policy circle

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Monetary Policy in a Constrained Environmentgreat honor for Jordan, its government, and its people to host such an important meeting, and it is my privilege to share with you some of the experiences that we, at the Central Bank of Jordan (CBJ), have gained in addressing the increasing challenges in recent years. I also wish to extend my grati