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The impact of macro news and central bank communication on emerging European forex markets

Égert, Balázs; Kočenda, Evžen - 2013

We employ two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal equilibrium exchange rate based on a monetary model....

Persistent link: https://www.econbiz.de/10009764449

The contribution of human capital and its policies to per capita income in Europe and the OECD

Égert, Balázs; Botev, Jarmila; Turner, David - 2020

This paper studies empirically the effect of education policies on human capital and per capita income. The results suggest for European and OECD countries that higher attendance at pre-primary education, greater autonomy of schools and universities, a lower student-to-teacher ratio, higher age...

Persistent link: https://www.econbiz.de/10012388211

Financial sector development in Brunei Darussalam : depth, acces, and efficiency : a comparative analysis

Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2022

Financial sector development plays an important role in promoting economic growth and welfare of the citizen of a country. On the other hand, financial sector instability or vulnerability, can adversely affect the economic growth and cause major disruptions in the country. This paper examines...

Persistent link: https://www.econbiz.de/10013380870

Towards a macroprudential surveillance and remedial policy formulation system for monitoring financial crisis

Bhattacharyay, Biswanath - 2009

Several developing economies witnessed a large number of systemic financial and currency crises since the 1980s which resulted in severe economic, social, and political problems. The devastating impact of the 1982 and 1994-95 Mexican crises, the 1997-98 Asian financial crisis, the 1998 Russian...

Persistent link: https://www.econbiz.de/10003887495

Early warning system for economic and financial risks in Kazakhstan

Bhattacharyay, Biswanath; Dlugosch, Dennis; Kolb, Benedikt - 2009

composite indicators for the real economy, the banking sector, the overall financial sector and finally the international …

Persistent link: https://www.econbiz.de/10003897420

The VARying effect of foreign shocks in Central and Eastern Europe

Jiménez-Rodríguez, Rebeca; Morales Zumaquero, Amalia; … - 2010

This paper investigates the impact of international shocks - interest rate, commodity price and industrial production shocks - on key macroeconomic variables in ten Central and Eastern European (CEE) countries by using near-VAR models and monthly data from the early 1990s to 2009. In contrast to...

Persistent link: https://www.econbiz.de/10003974654

Determinants of house prices in Central and Eastern Europe

Égert, Balázs (contributor); … - 2007

This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries. The main question addressed is whether the conventional fundamental determinants of house prices, such as GDP per capita, real interest rates, housing...

Persistent link: https://www.econbiz.de/10003624430

Economy wide impact of the trade integration between Japan and India : a computable general equilibrium analysis

Bhattacharyay, Biswanath; Mukhopadhyay, Kakali - 2013

, the study evaluates the economy wide impact of the proposed CEPA between India and Japan at 2020. The study has used a … leaks) in Japan in March 2011 will have short-term negative impacts on the economy but is unlikely to affect the expected … gains from CEPA between India and Japan. The short negative impact may be significant but in the long-run Japanese economy …

Persistent link: https://www.econbiz.de/10010227205

The tortoise and the hare : the race between vaccine rollout and new Covid variants

Turner, David; Égert, Balázs; Guillemette, Yvan; … - 2021

New variants of the virus are spreading which, together with seasonal effects, are estimated to be able to raise effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying speeds. Hence the race is on to beat the variants with...

Persistent link: https://www.econbiz.de/10012547063

The quantification of structural reforms : extending the framework to emerging market economies

Égert, Balázs - 2018

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...

Persistent link: https://www.econbiz.de/10011800715