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Economic reform programmes, labour market institutions, employment and the role of the social partners in Namibia

Venditto, Bruno; Hanshom, Dirk; Ashipala, John - EconWPA - 2004

Namibia does not represent a case of structural adjustment, that is, a kind of economic reform in a situation of crisis with a high leverage of external actors (IMF, World Bank). Rather, the agenda for economic reform is set by the government, and addresses the problems of the high poverty and...

Persistent link: https://www.econbiz.de/10005550974

A look at exchange rate and monetary policy in Malawi

Simwaka, Kisu - EconWPA - 2004

misalignment with no feedback effects. In the second stage, a model of nominal exchange rate is estimated. Since we find co-integration …; Integration * The findings, interpretation and conclusions expressed in this paper are entirely those of the author. They don …

Persistent link: https://www.econbiz.de/10005076782

Central counterparty clearing: constructing a framework for evaluation of risks and benefits

Ripatti, Kirsi - EconWPA - 2005

the increased sophistication in clearing arrangements is the ongoing process of European economic integration, ie the euro …

Persistent link: https://www.econbiz.de/10005134670

LUSO-SPANISH-FRANCO-ENGLISH RELATIONS VIEWED FROM THE ENTRANCE OF FOREIGN INVESTMENT FUNDS

manso, jose r. p. - EconWPA - 2004

stationarity, integration and cointegration, that continues by the appreciation of the multilateral and bilateral causality among …

Persistent link: https://www.econbiz.de/10005408149

LUSO-SPANISH-FRANCO-ENGLISH RELATIONS VIEWED FROM THE ENTRANCE OF FOREIGN INVESTMENT FUNDS

manso, jose ramos pires - EconWPA - 2004

stationarity, integration and cointegration, that continues by the appreciation of the multilateral and bilateral causality among …

Persistent link: https://www.econbiz.de/10005408172

Efficiency of Banks in Regions at Different Stage of European Integration Process

Stavarek, Daniel - EconWPA - 2005

level of economic development and different involvement in the process of European integration. The first group consists of … European integration and economic situation are visible also in banking efficiency. Thus we test the hypothesis that the higher … degree of European economic integration and economic development goes hand in hand with higher baking efficiency. Employing …

Persistent link: https://www.econbiz.de/10005413069

Cointegration in Frequency Domain

Levy, Daniel - EconWPA - 2004

Existence of a cointegration relationship between two time series in the time domain imposes restrictions on the series zero-frequency behaviour in terms of their squared coherence, phase, and gain, in the frequency domain. I derive these restrictions by studying cross-spectral properties of a...

Persistent link: https://www.econbiz.de/10005556273

Augmented gravity model: An empirical application to Mercosur- European trade flows

Martínez-Zarzoso, Inmaculada; Felicitas Nowak-Lehmann D. - EconWPA - 2003

This paper applies the gravity trade model to assess Mercosur-European Union trade, and trade potential following the agreements reached recently between both trade blocks. The model ist tested for a sample of 19 countries, the four formal members of Mercosur plus Chile and the fifteen members...

Persistent link: https://www.econbiz.de/10005119301

Is the Feldstein-Horioka Puzzle Really a Puzzle?

Levy, Daniel - EconWPA - 2004

Using the framework of a dynamic intertemporal optimization model of an open economy, it is shown that the long-run investment-saving correlation follows directly from the economy's dynamic budget constraint and this does not depend on the degree of international capital mobility. Therefore,...

Persistent link: https://www.econbiz.de/10005119491

Partisanship and fiscal policy co-ordination in a monetary union

Acocella, Nicola; Bartolomeo, Giovanni Di - EconWPA - 2001

The recent economic literature shows a new interest in the links between politics and economics. In this paper, we join Hibbs’ partisanship theory with the literature of fiscal policies international co- ordination. Furthermore, by considering a monetary union context, we also open a new angle...

Persistent link: https://www.econbiz.de/10005076746