4 articles in this issue
Massimo Amato,Kako Nubukpo
Recent developments in the monetary situation in West Africa, in particular the transformation for the CFA franc area and the project to build a single currency for the CEDEAO/ECOWAS, require a systematic review of the assumptions underlying the formation... see more
Elisangela Luzia Araujo,Eliane Cristina de Araujo,Mateus Ramalho da Fonseca,Pedro Perfeito da Silva
In light of the global financial cycle (GFC), this paper investigates the effectiveness of monetary policy in Brazil since the adoption of the inflation targeting regime. The theoretical section analyses monetary policy from the New Macroeconomic Consensu... see more
Luciano Ferreira Gabriel,Luiz Carlos De Santana Ribeiro,Frederico Gonzaga Jayme Jr.,José Luis Oreiro
This paper investigates the effects of manufacturing and of the real exchange rate (RER) on real per capita income growth. We use dynamic panel models and the calculation of output and employment multipliers for a diversified sample of countries from 1990... see more
Stefano Fenoaltea
All the extant interpretations of united Italy’s early industrial development focus on the long swing in industrial investment evident in the familiar indices of the engineering industry’s aggregate product. Disaggregated production series for that indust... see more