Showing 1 - 10 of 312
This study evaluates potential reforms of the EU and some liberalization policies under the Doha agenda proposal …
Persistent link: https://www.econbiz.de/10005806360
This paper measures the impact of bilateral exchange rates, the world agricultural GDP and third-country exchange rate volatilities (Yen/USD and Euro/USD) on the BRICS agricultural exports using a vector autoregressive (VAR) model. Two measures of volatility are used: the standard deviation and...
Persistent link: https://www.econbiz.de/10009421067
and the level of investment in coastal restoration. Preliminary results show that property size, attitudes toward wetland … restoration and maintenance, land use, and degree of risk aversion are important factors in a landowner’s decisions to invest in …
Persistent link: https://www.econbiz.de/10008922512
and economic liberalization affect governments’ respect for human rights using a panel of 106 countries over the 1981 …
Persistent link: https://www.econbiz.de/10008727302
of worker. Our analysis reveals that the effects of a liberalization on human capital ac-cumulation, income and … inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … decreases and the liberalization path has stochastic dominance over the Baseline-As-Usual. These results are very robust to our …
Persistent link: https://www.econbiz.de/10010736743
. This paper shows that such economic transparency could give central banks greater flexibility to respond to macroeconomic …
Persistent link: https://www.econbiz.de/10010877697
Central bank independence and transparency have become best practice in monetary policy. This paper cautions that … transparency about economic information may not be beneficial in the absence of central bank independence. The reason is that it …
Persistent link: https://www.econbiz.de/10005765657
In currency exchange markets, there is a conflict between individual decisions and the socially optimal solution. Whereas agents have a coordination motive to take the same position, at the social level effective market coordination per se is not socially valuable, and the central bank aims at...
Persistent link: https://www.econbiz.de/10005765918
This paper reports the results of a survey among private sector economists about credibility and transparency of …
Persistent link: https://www.econbiz.de/10005094291
Transparency has become a prominent feature of monetary policy. This paper provides an overview of central bank … communication practices and is the first to systematically analyze transparency trends throughout the world and across monetary … inflation and economic development have undergone larger increases in transparency. Moreover, it shows that greater transparency …
Persistent link: https://www.econbiz.de/10005051564