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A new method for identifying the effets of foreign exchange interventions

Chen, Chih-nan; Watanabe, Tsutomu; Tomoyoshi, Yabu - In: Journal of money, credit and banking : JMCB 44 (2012) 8, pp. 1507-1533

Persistent link: https://www.econbiz.de/10009693607

Product and Labor Market Deregulation in Unionized Oligopoly with Asymmetric Countries

Egger, Hartmut - 2011

a source of comparative advantage, which crucially impact inter-industry trade and welfare in the open economy. In this …

Persistent link: https://www.econbiz.de/10013119394

The Golden Hello and Political Transitions

Aidt, Toke Skovsgaard - 2012

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's (American Economic Review 91, 2001) model of political transitions to show how the anticipation of new loans from in-ternational financial...

Persistent link: https://www.econbiz.de/10013099239

Decentralization and Foreign Aid Effectiveness : Do Aid Modality and Federal Design Matter in Poverty Alleviation?

Lessmann, Christian - 2014

This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we examine a commonly used empirical growth model, considering aid modality as well as different measures of political and fiscal decentralization. Our panel estimations reveal that...

Persistent link: https://www.econbiz.de/10013069925

Instrumental Variables and Causal Mechanisms : Unpacking the Effect of Trade on Workers and Voters

Dippel, Christian - 2018

This paper shows that import exposure affects voting behavior because it affects local labor markets. We develop a new framework for mediation analysis where one instrumental variable is sufficient to identify three causal effects. Using German data from 1987–2009, we find that import exposure...

Persistent link: https://www.econbiz.de/10012927102

Productivity and the Decision to Import and Export : Theory and Evidence

Kasahara, Hiroyuki - 2008

This paper develops an open economy model with heterogeneous final goods producers who simultaneously choose whether to …

Persistent link: https://www.econbiz.de/10012772491

Renewable Technology Adoption and the Macroeconomy

Adão, Bernardino - 2017

We study the effect of technological progress on the optimal transition to a renewable energy-fueled world economy. We …, together with policy that promotes new renewable technologies. We calibrate our model using world-economy data and characterize … the transition toward a low carbon economy. We find that it is optimal for renewables to “start small” and pick up their …

Persistent link: https://www.econbiz.de/10012960106

Is Emission Intensity or Output U-Shaped in the Strictness of Environmental Policy?

Dijkstra, Bouwe - 2014

In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. It does so when the abatement technology is...

Persistent link: https://www.econbiz.de/10013051606

The Green Paradox in Open Economies

Van Long, Ngo - 2014

. This is complemented by a review of the possibility of green paradox outcomes in dynamic open-economy models with an …

Persistent link: https://www.econbiz.de/10013057650

The European Central Bank's QE : A New Hope

Wieladek, Tomasz - 2016

We examine the impact of the ECB's QE on Euro Area real GDP and core CPI with a Bayesian VAR, estimated on monthly data from 2012M6 to 2016M4. We assess the total impact via a counter-factual exercise, country-by-country and through alternative transmission channels. QE announcement shocks are...

Persistent link: https://www.econbiz.de/10012986934