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direct measures of product variety calculated from 6-digit OECD export and import data. Although the issue is still far from …
Persistent link: https://www.econbiz.de/10013317978
product variety calculated from 6-digit OECD export and import data. Although the issue is still far from being settled, the …
Persistent link: https://www.econbiz.de/10013321070
direct measures of product variety calculated from 6-digit OECD export and import data. Although the issue is still far from …
Persistent link: https://www.econbiz.de/10014399925
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … important than private finance, we also identify a number of episodes where a substantial fraction of domestic investment was … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. We …
Persistent link: https://www.econbiz.de/10011516713
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. Summing …
Persistent link: https://www.econbiz.de/10011519098
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … important than private finance, we also identify a number of episodes where a substantial fraction of domestic investment was … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. We …
Persistent link: https://www.econbiz.de/10011621557
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. Summing …
Persistent link: https://www.econbiz.de/10011535790
This paper considers the general equilibrium relationship between exchange rates and global imbalances. It emphasizes that the exchange rate is not a primitive but an equilibrium price determined by the policy mix. It uses extensions of the two-country Obstfeld-Rogoff model to analyze the...
Persistent link: https://www.econbiz.de/10008937609
Persistent link: https://www.econbiz.de/10003136412