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AMMAN — Winners of Al Hussein Awards for Creativity and Excellence were honoured by Central Bank of Jordan (CBJ) Governor Adel Sharkas during a ceremony held in Amman on Tuesday. Adel Sharkas, who also chairs the board of directors of the King Hussein Fund for Creativity and Excellence, awarded the winners of the second edition of economic research for the year 2022.
<p><span>Policymakers and researchers have begun reassessing certain features of the economy and monetary policy in light of recent experience. After several decades in which supply was highly elastic and inflation was low and relatively stable, a series of supply shocks associated with the pandemic and Russia's war against Ukraine have contributed to high inflation, in combination with a very rapid recovery in demand. The experience with the pandemic and the war highlights the challenges for monetary policy in responding to a protracted series of adverse supply shocks. In addition...
The paper estimates a slew of augmented Taylor rule specifications using call and treasury bill rates. After accounting for break points, we calculate the output gap based on a single-index dynamic factor extracted from monthly high-frequency indicators that are representative of broad sectoral activity. In our study, we found that interest rates in India are mostly in line
Many people still blame today’s inflation on snags in globe-spanning supply chains. The chief proposed solution is to dismantle decades of globalization and bring production home. Some are also pushing
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero