Similar Search Results

Understanding Exchange Rate Volatility Without the Contrivance of Macroeconomics

Flood, Robert P; Rose, Andrew K - C.E.P.R. Discussion Papers - 1998

’. Fixed exchange rates are typically stable and floating exchange rates are volatile, but macro phenomena are regime … international finance is explaining these cross-regime differences in exchange rate volatility. The evidence suggests that a switch …

Persistent link: https://www.econbiz.de/10005788957

Fixing Exchange Rates: A Virtual Quest for Fundamentals

Flood, Robert P; Rose, Andrew K - C.E.P.R. Discussion Papers - 1993

Fixed exchange rates are less volatile than floating rates. The volatility of macroeconomic variables, such as money and output, does not change very much across exchange rate regimes, however. This suggests that exchange rate models based only on macroeconomic fundamentals are unlikely to be...

Persistent link: https://www.econbiz.de/10005792135

Exchange Rate Volatility, Monetary Policy, and Capital Mobility: Empirical Evidence on the Holy Trinity

Rose, Andrew K - C.E.P.R. Discussion Papers - 1994

This paper uses a panel of data from 22 countries between 1967 and 1992 to explore the trade-off between the `Holy Trinity' of fixed exchange rates, independent monetary policy, and capital mobility. I use: flexible- and sticky-price monetary exchange rate models to parameterize monetary...

Persistent link: https://www.econbiz.de/10005792404

Trade and Environment in the WTO : Negotiating Options for Developing Countries

Kumar, Sanjay; Chowdhury, Nupur - East Asian Bureau of Economic Research (EABER) - 2005

The debate on the trade related environment issues has intensified in the Doha Round at WTO. The idea is to ensure … Trade and Environment and the Committee on Trade and Development at the WTO were asked to act as a forum in which the … approach the trade and environment debate in a new dimension. The project based approach instead of the usual list based …

Persistent link: https://www.econbiz.de/10009363930

Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies

Hemous, David - C.E.P.R. Discussion Papers - 2013

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...

Persistent link: https://www.econbiz.de/10011084402

Does Governance Matter for Enhancing Trade? Empirical Evidence from Asia

De, Prabir - East Asian Bureau of Economic Research (EABER) - 2010

The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing … Asias trade. In this study, we have performed a comprehensive empirical analysis of the linkages between governance and … trade at the Asian subregional level. Our results indicate that all individual governance indicators except regulatory …

Persistent link: https://www.econbiz.de/10009365058

Intellectual Property Rights in Emerging Markets

Long, Clarisa - American Enterprise Institute

This book considers the three geographical regions that present the greatest intellectual property rights problems to U.S. industries--China, Latin America, and India.

Persistent link: https://www.econbiz.de/10010842156

Free Trade, Sovereignty, Democracy

Barfield, Claude - American Enterprise Institute

This book takes a penetrating look at major challenges to the World Trade Organization and the future of trade liberalization.

Persistent link: https://www.econbiz.de/10010842170