Showing 1 - 10 of 27
We examine the dynamic impact of household borrowing on the trade balance using data from 33 developing countries and 36 developed countries over the 1980-2017 period. Our findings suggest that the impact of household borrowing on the trade balance is by and large negative, both in the short and...
Persistent link: https://www.econbiz.de/10013224078
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012829322
changes in euro area break-even inflation. However, this result is only found for the second half of 2005. At that time, the …
Persistent link: https://www.econbiz.de/10013316794
This paper revisits financial market integration in the European Economic and Monetary Union, using a threshold vector error-correction model (TVECM) for a fixed rolling window. This approach enables us to analyze the dynamics of transaction costs and detect any co-movements with (policy...
Persistent link: https://www.econbiz.de/10013316906
This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and...
Persistent link: https://www.econbiz.de/10013316991
This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up' the euro have not …
Persistent link: https://www.econbiz.de/10010315669
This paper extends the analysis of the acquisition of destination language proficiency among immigrants by explicitly incorporating dynamics among family members – mother, father and children. Single equation, bivariate, and four-state (multivariate) probit analyses are employed. Immigrant...
Persistent link: https://www.econbiz.de/10010261966
This paper is concerned with the location of immigrants in the United States, as reported in the 1990 Census. Where they settle has implications for the economic, social and political impact of immigrants. Immigrants are highly geographically concentrated. Compared to the native born they are...
Persistent link: https://www.econbiz.de/10010261987
This paper is concerned with the determinants of English language proficiency (speaking, reading and writing) among immigrants. It presents a model of immigrant destination language acquisition based on economic incentives, exposure to the destination language, and efficiency in second language...
Persistent link: https://www.econbiz.de/10010262738
This paper is concerned with the determinants of English language proficiency among immigrants in a longitudinal survey for Australia. It focuses on both visa category and variables derived from an economic model of the determinants of destination language proficiency among immigrants. Skills...
Persistent link: https://www.econbiz.de/10010262780