Showing 1 - 10 of 177
A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international … trade. The panel data set used includes bilateral observations for five years spanning 1970 through 1990 for 186 countries … exchange rate volatility, even after controlling for a host of features, including the endogenous nature of the exchange rate …
Persistent link: https://www.econbiz.de/10005666776
stability. Are there important differences between the economic outcomes of the two stable regimes? I examine a panel of annual …
Persistent link: https://www.econbiz.de/10011083734
We use a panel of annual data for over one hundred developing countries from 1971–92 to characterize currency crashes …
Persistent link: https://www.econbiz.de/10005789137
dampening effect on trade volatility. …
Persistent link: https://www.econbiz.de/10005789132
This paper surveys the evidence on the effectiveness of monetary transmission in developing countries. We summarize the arguments for expecting the bank lending channel to be the dominant means of monetary transmission in such countries, and present a simple model that suggests why this channel...
Persistent link: https://www.econbiz.de/10009322980
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10009293663
This paper studies the characteristics of departures from monetary unions. During the post-war period, almost seventy distinct countries or territories have left a currency union, while over sixty have remained continuously in currency unions. I compare countries leaving currency unions to those...
Persistent link: https://www.econbiz.de/10005123773
and a large panel data set covering over fifty years and 175 countries. Despite an extensive search, I am basically unable …
Persistent link: https://www.econbiz.de/10005124331
I search for a 'scale' effect in countries. I use a panel data set that includes 200 countries over forty years and …
Persistent link: https://www.econbiz.de/10005498014
‘gravity’ model of bilateral merchandise trade and a large panel data set covering over 50 years and 175 countries. My results …
Persistent link: https://www.econbiz.de/10005504751