Showing 1 - 10 of 14,766
sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange …Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow …
Persistent link: https://www.econbiz.de/10013166669
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …
Persistent link: https://www.econbiz.de/10011499412
This paper studies various approaches to the equilibrium real effective exchange rate estimation, including structural … and direct estimation approaches. It shows their strengths and weaknesses with application to the case of Latvia. Despite …
Persistent link: https://www.econbiz.de/10011890484
The paper provides probability estimates of the state of the GDP growth. A regime-switching model defines the probability of the Greek GDP being in boom or recession. Then probit models extract the predictive information of a set of explanatory (economic and financial) variables regarding the...
Persistent link: https://www.econbiz.de/10011312197
This study examined the short-run and long-run effects of real exchange rate changes on the Nigeria's trade balance. The paper employed both linear and non-linear ARDL bounds testing approach to cointegration to test for the J-curve phenomenon in Nigeria using quarterly data spanning the period...
Persistent link: https://www.econbiz.de/10013348398
A previous study assessed asymmetric effects of the real peso-dollar volatility on trade flows between Mexico and the U.S., two members of the former NAFTA. We now expand that analysis by considering the trade flows between Mexico and Canada. Estimating traditional linear models did not yield...
Persistent link: https://www.econbiz.de/10014310202
In this study, the effects of GDP per capita growth rates, real exchange rates, Standard and Poor’s (S&P) sovereign ratings, the difference between Transition Economies’ (TE) interest rates and USA’s interest rates on TEs’ net portfolio inflows were analyzed. The results showed that GDP...
Persistent link: https://www.econbiz.de/10009673693
This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account liberalisation and internationalisation of the use of the renminbi. After a slowdown in reform momentum during the global financial crisis, there is a clear push towards reform,...
Persistent link: https://www.econbiz.de/10011384045
are greater for gross than value-added exports except for Germany and greater for intermediate goods than final goods … exports except for Italy. But there are no significant differences in the effects of exchange rate changes on exports …
Persistent link: https://www.econbiz.de/10013175105
This study investigates fiscal dominance and exchange rate stability in Nigeria. The period of investigation spanned 1981q1-2018q4, and the Structural Vector Autoregression (SVAR) technique was employed to test the fiscal dominance hypothesis and further examine the shock transmission efects of...
Persistent link: https://www.econbiz.de/10012667404