Showing 1 - 10 of 103
This paper explores Southeast Asia's trade performance over the four and a half centuries from 1500 to 1940. It identifies the determinants of the commodity export performance – falling trade costs, income growth of its trading partners, and improved supply conditions at home. It also explores...
Persistent link: https://www.econbiz.de/10011084313
This paper addresses a number of questions which are essential to a proper understanding of the causes and effects of the inflationary process and to an assessment of the contribution of monetary policy to the achievement of long-term price stability. These questions are: (1) what are the...
Persistent link: https://www.econbiz.de/10005661822
Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the future, and these are stated here in the form of five...
Persistent link: https://www.econbiz.de/10005123790
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Persistent link: https://www.econbiz.de/10005504697
The paper analyses global trends in foreign direct investment (FDI) and the interlinkages between FDI, trade and competitiveness in host developing countries. The rapid rate of growth and the recent changes in the global patterns of FDI are attributed to both macroeconomic and microeconomic...
Persistent link: https://www.econbiz.de/10005114448
The paper analyzes the effects of changes to regulatory policy and to monetary policy on cross-border bank lending since the global financial crisis. Cross-border bank lending has decreased, and the home bias in the credit portfolio of banks has risen sharply, especially among banks in the euro...
Persistent link: https://www.econbiz.de/10011145418
price that the consumers may face during the concession period. The incentives to choose BOT concessions increase as a …
Persistent link: https://www.econbiz.de/10008921773
simulations of à la carte policies that require distributors to offer individual channels for sale to consumers. We estimate that …
Persistent link: https://www.econbiz.de/10009001064
We develop a model that examines the capital structure and investment decisions of regulated firms in a setting that incorporates two key institutional features of the public utilities sector in many countries: firms are partially owned by the state and regulators are not necessarily...
Persistent link: https://www.econbiz.de/10009209829
pricing strategy of firms. Educating consumers may do more harm than good and should thus only be considered if the regulator …Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to … inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare …
Persistent link: https://www.econbiz.de/10009367427