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This paper is concerned with the robustness of equilibrium exchange rate estimations based on the BEER approach for a … robustness of the estimations by dropping one or two years from the estimation period. Our main conclusion is that BEER …
Persistent link: https://www.econbiz.de/10005062869
framework. We then compare FEER and BEER estimations of equilibrium exchange rates based on the same, econometric model of the … robust to alternative assumptions, the BEER approach may rely on excessive confidence on past behaviors in terms of portfolio …
Persistent link: https://www.econbiz.de/10005607345
In this paper we explore the BACI-CEPII database using Network Analysis. Starting from the visualization of the World Trade Network, we then define and describe the topology of the network, both in its binary version and in its weighted version, calculating and discussing some of the commonly...
Persistent link: https://www.econbiz.de/10010827773
This paper provides evidence on the long-term impact of market potential on economic development. It derives from the New Economic Geography literature a structural stimation where the level of factors’ income of a country is related to its export capacity, labeled Market Access (MA) by...
Persistent link: https://www.econbiz.de/10008493426
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This paper evaluates the role of economic geography in explaining regional wages in China. It investigates the extent to which market proximity can explain the evolution of wages, and through which channels. We construct a complete indicator of market access at the provincial level from data on...
Persistent link: https://www.econbiz.de/10005062876
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