Showing 1 - 10 of 148
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
several methods on cross-section and panel estimates of the gravity equation, we estimate that low-income countries exhibit a …
Persistent link: https://www.econbiz.de/10008528539
The significance of a common language in foreign trade hinges on translation as well as the ability to communicate directly. In fact, without admitting the facility of translation from one or two selected languages, it is impossible to explain adequately the impact of a common language on...
Persistent link: https://www.econbiz.de/10005123599
-transform), in a panel data GMM estimation framework. An augmented gravity model provides the basic model for the investigation …
Persistent link: https://www.econbiz.de/10005123844
By combining new data on bilateral asset holdings with data on securities regulation in an empirical gravity model, it is found that bilateral differences in securities regulation lead to decreased portfolio holdings. Hence, regulatory harmonization can foster financial integration. The results...
Persistent link: https://www.econbiz.de/10005124356
The demise of the CMEA trading system in 1991 and the shift to convertible currency settlements and world market prices was expected to bring about a severe contraction of intra-group trade, coupled with large imbalances in trade between Eastern Europe and the former Soviet Union. The observed...
Persistent link: https://www.econbiz.de/10005136560
The Paper studies determinants of internal migration in Russia. Using panel data on gross region-to-region migration …
Persistent link: https://www.econbiz.de/10005067381