A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international …

than the act of actually holding a mega-event. We develop a political economy model that formalizes this idea, and derives …

Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 107 countries; we focus on national causes and … consequences of the crisis, ignoring cross-country "contagion" effects. Our model of the incidence of the crisis combines 2008 …

Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 85 countries; we focus on international linkages … that may have allowed the crisis to spread across countries. Our model of the cross-country incidence of the crisis …

This paper applies the Meese-Rogoff (1983a) methodology to the stock market. We compare the out-of-sample forecasting … original Meese-Rogoff sample and methodology. Just as Meese and Rogoff found for the case of exchange rates, we find that a … random walk model of stock prices performs as well as any estimated model at one to twelve month horizons, even though we …

traditional methods. Furthermore, there is a degree of arbitrariness in EBA which exactly parallels the selective reporting of … elasticity of money demand owe more to a faulty methodology than to the data. …