Showing 1 - 8 of 8
existence, the size of the vehicle currency economy, and the monetary policy followed by the vehicle currency's government. We …
Persistent link: https://www.econbiz.de/10005367962
The effects of oil shocks on output volatility through international transport costs are investigated in an open-economy ….S. economy by a Bayesian approach for moving windows of ten years. For model selection, the posterior odds ratios of the two …
Persistent link: https://www.econbiz.de/10009292928
conversely implies that forecastability is higher in the preceding era, when the economy was unexpectedly volatile. We offer an …
Persistent link: https://www.econbiz.de/10009321088
in Mexico is a loss for the entire border economy, where so much of our growth is linked to expansion on the more …
Persistent link: https://www.econbiz.de/10010723078
Remarks given to a conference organized by the Federal Reserve Banks of Dallas and Cleveland, Dallas, Texas, May 24, 2007 ; "One of our main criticisms here at the Dallas Fed of much of the core inflation literature is that it lacks theoretical coherence. It reminds me of the time-honored saying...
Persistent link: https://www.econbiz.de/10010726020
influences into the Fed's navigation calculations to determine the best flight path for the U.S. economy. To determine that …
Persistent link: https://www.econbiz.de/10010726054
Since the mid-1980s the world economy has gone through profound transformations of which the sources and effects are …
Persistent link: https://www.econbiz.de/10005498677
answer this question we lay down an open economy model where net lending toward the rest of the world is constrained by a … accumulation is subject to adjustment costs. We demonstrate that, although this economy can generate persistent current account …
Persistent link: https://www.econbiz.de/10008465685