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State-owned enterprises, shirking and trade liberalization

Madanmohan, Ghosh; Whalley, John - 2000

imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …

Persistent link: https://www.econbiz.de/10009781577

Analyzing structural reforms using a behavioral macroeconomic model

De Grauwe, Paul; Ji, Yuemei - 2017

We use a behavioral macroeconomic model to analyze how structural reforms affect the economy in the short and in the … second one raises potential output in the economy. We find that structural reforms that increase the flexibility of wages and … rigid economy. Finally, we analyze how structural reforms change the tradeoffs between output and inflation variability. Our …

Persistent link: https://www.econbiz.de/10011663556

The effects of monetary policy : a meta-analysis : presented at CESifo Area Conference on Macro, Money and International Finance, February 2004

De Grauwe, Paul; Costa, Cláudia - 2004

In this paper we perform a meta-analysis of the effects of monetary policies on output and prices. We use a sample of published papers on the effects of monetary policies in different countries. There is a large variation in the estimated effects of monetary policies on output and prices. We...

Persistent link: https://www.econbiz.de/10011449687

Assessing monetary policy in Norway

Andreassen, Harald Magnus; De Grauwe, Paul; Solheim, Haakon - 2001

We evaluate the policy of flexible inflation targeting implemented by the Norges Bank since March 2001. We discuss the reasons why the real interest rates are significantly higher in Norway than in the rest of Europe. Finally we propose some institutional changes that can improve the policy...

Persistent link: https://www.econbiz.de/10011408405

Is monetary policy in the eurozone less effective than in the US?

De Grauwe, Paul (contributor); Costa, Cláudia (contributor) - 2005

There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this "ECB-handicap" hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....

Persistent link: https://www.econbiz.de/10003297484

The deepening China Brazil economic relationship

Whalley, John; Medianu, Dana - 2010

We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply increased bilateral trade and foreign direct investment flows and also from enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade...

Persistent link: https://www.econbiz.de/10008806619

Substitutability and protectionism : Latin America's trade policy and imports from China and India

Facchini, Giovanni; Olarreaga, Marcelo; Silva, Peri; … - 2007

Persistent link: https://www.econbiz.de/10003496675

Pitfalls in the use of ad valorem equivalent representations of the trade impacts of domestic policies

Whalley, John (contributor) - 2005

Numerical simulation exercises to analyze the impacts of potential changes in non-tariff policies commonly use ad valorem equivalent tariff treatment even though estimated impacts using explicit model representation and ad valorem equivalent treatments will differ. The difficulty for modellers...

Persistent link: https://www.econbiz.de/10003109945

Wildlife trade policy and the decline of wildlife

Heid, Benedikt; Márquez-Ramos, Laura - 2020

The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) is the international agreement that regulates international trade in wildlife to prevent its decline. Little is known about the effectiveness of its trade restrictions and bans. Combining the largest...

Persistent link: https://www.econbiz.de/10012387544

Estimating the effects of nondiscriminatory trade policies within structural gravity models

Heid, Benedikt; Larch, Mario; Yotov, Yoto V. - 2017

We propose a simple method to identify the effects of unilateral and non-discriminatory trade policies on bilateral trade within a theoretically-consistent empirical gravity model. Specifically, we argue that structural gravity estimations should be performed with data that include not only...

Persistent link: https://www.econbiz.de/10011750135