series and find that the ARIMA parameters estimated for the actual real exchange rate data lie within the 95% confidence … to find the sampling variability implied by the model - to find the 95% confidence limits around the real exchange rate … question given our small sample size. Analytical computation of the confidence limits is also not possible given the non …

the openness of the economy; and two indices of the extent of product market regulation. For each measure we correlated …

) in (1) y = ke: (3) In order to comply with the environmental regulation, each �rms must hold one pollution permit for … becomes independent of . Hence, in this setup environmental regulation should no longer be concerned with permits allo … Basic Oxygen Furnace", The Bell Journal of Economics, Vol 13, No 1, pp 45-56. 14. I. Parry, "Pollution regulation and the e …

term: by reducing confidence and increasing the risk aversion of consumers and firms, by lowering consumption and real …

term: by reducing confidence and increasing the risk aversion of consumers and firms, by lowering consumption and real …

public policy and industry regulation”). Matthias Doepke acknowledges support from the National Science Foundation (grant SES …