Showing 1 - 10 of 89
This paper provides an overall picture of the Philippine business cycles covering the period 1981 to 2003 by characterizing them in terms of volatility, co-movement and persistence. As a trend-cycle decomposition technique, the most frequently used Hodrick Prescott filter was applied. The period...
Persistent link: https://www.econbiz.de/10009363968
This paper examines the decoupling hypothesis for India. We analyse business cycle synchronisation between India and a set of industrial economies, particularly the United States, over the period 1992 to 2008. The evidence suggests that the Indian business cycle exhibits increasing co-movement...
Persistent link: https://www.econbiz.de/10009365125
This paper re-examines the incentives of mutual fund managers arising from investor flows. We provide evidence that the convexity of the flow-performance relationship varies with economic activity. We show that the effect is economically large and is not driven by abnormal years. We test two...
Persistent link: https://www.econbiz.de/10009365425
Globalization and pressure from increased competition have led to splintering of in-house services from formerly integrated manufacturing firms in developed economies and, at the same time, to an increase in outsourcing of these same services. These two trends have caused a stronger linkage in...
Persistent link: https://www.econbiz.de/10009365336
in order to understand their employment generation potential. Using the data from the Annual Survey of Industries … intensive industries during the selected time period. The increase in output failed to generate enough employment growth … resulting in a significant decline in employment elasticity. The paper briefly highlights the plausible factors that could have …
Persistent link: https://www.econbiz.de/10009363344
understand the constraints on employment generation in the labour intensive sectors. Using primary survey data covering 252 … bicycles for 2005-06 an attempt is made to find out the factors which constrain employment generation in labour intensive firms …. The study shows several constraints in the path of employment generation in labour intensive sectorsnon-availability of …
Persistent link: https://www.econbiz.de/10009365076
High ratios of external debt to GDP in selected Asian countries have contributed to the initiation, propagation, and severity of the financial and economic crises in recent years, reflecting runaway fiscal deficits and excessive foreign borrowing by the private sector. Applying the formal...
Persistent link: https://www.econbiz.de/10009364005
major sources of its own processing imports, accounting for 16.8% of its total processing imports from all 51 trading …
Persistent link: https://www.econbiz.de/10009653163
This paper investigates how exchange rates affect Japanese exports. This is difficult because many of Japan’s exports are used to produce goods for re-export. An appreciation in the importing country that decreases exports can decrease its imported inputs from Japan. To correct for this...
Persistent link: https://www.econbiz.de/10009653164
This paper considers the general equilibrium relationship between exchange rates and global imbalances. It emphasizes that the exchange rate is not a primitive but an equilibrium price determined by the policy mix. It uses extensions of the two-country Obstfeld-Rogoff model to analyze the...
Persistent link: https://www.econbiz.de/10009653202