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Indirect and Compounded Effects of External Crises on Growth in Emerging Markets

Melecky, Martin - EconWPA - 2005

An attempt to quantify possible negative effects of external crises in emerging market economies is made in this paper. The direct and indirect effects of the external crises, here sudden stops in capital flows and currency crises, are estimated and compounded into composite overall effects. In...

Persistent link: https://www.econbiz.de/10005408201

The Impact of Current Account Reversals on Growth in Central and Eastern Europe

Melecky, Martin - EconWPA - 2005

According to economic theory, the capital inflows reversal – so-called sudden stop – has a significant negative effect on economic growth. This paper investigates the direct impact of current account reversals on growth in Central and Eastern European countries. Two steps to conduct the...

Persistent link: https://www.econbiz.de/10005556614

Next in Line – Romanians at the Gates of the EU (emigrants, border control, legislation)

SIMINA, Ovidiu - EconWPA - 2005

The first of May 2004 marked an important date in the history of Europe as a political, geographic, and social entity … of one, whole Europe, ruled by law, an area of Freedom, Security and Justice. Romania fights against immigration flows … Europe, living there alike other Europeans. Until the European Union Member States will decide that Romania truly deserves to …

Persistent link: https://www.econbiz.de/10005408352

Long-Term Labour Force Projections for the 25 EU Member States:A set of data for assessing the economic impact of ageing

Carone, Giuseppe - EconWPA - 2005

This paper presents the methodology and results of labour force projections over the long term (until 2050) for each of the 25 EU Member States. These projections were undertaken in order to provide the background technical inputs for the assessment of the potential economic and fiscal impact of...

Persistent link: https://www.econbiz.de/10005125752

Anticipations, External Crises and Growth Cycles in Emerging Market Countries

Melecky, Martin - EconWPA - 2005

Europe, Latin America and Asia. The unanticipated component of the currency crises is significant only in CEE. The …

Persistent link: https://www.econbiz.de/10005556633

Export variety and economic growth in East European transition economies

Funke, Michael; Ruhwedel, Ralf - EconWPA - 2003

Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...

Persistent link: https://www.econbiz.de/10005561365

Looking for the Workforce: the Elderly, Discouraged Workers, Minorities, and Students in the Baltic Labour Markets

Hazans, Mihails - EconWPA - 2005

This paper looks at the evolution of the labour markets in Estonia, Latvia, and Lithuania since the beginning of transition (in some respects since 1996/1998) until 2003, with a particular focus on labour force participation. How did labour supply in the Baltic countries respond to changes in...

Persistent link: https://www.econbiz.de/10005556766

Directions of Trade Flows and Labor Movements between High- And Low-Population Growth Countries: An Overlapping Generations General Equilibrium Analysis

Sayan, Serdar; Uyar, Ali Emre - EconWPA - 2002

This paper considers a two-country world where the population in one country grows faster than the other, and investigates the implications of the addition of non-stationary population dynamics to a simple 2- commodity, 2-factor model of international trade within an overlapping- generations...

Persistent link: https://www.econbiz.de/10005125644

Do networks in the stock exchange industry pay off? European evidence

Hasan, Iftekhar; Schmiedel, Heiko - EconWPA - 2004

The economic theory of network externalities provides the rationale for this paper, which investigates whether adoption of network strategies in European stock exchanges creates additional value in the provision of trading services. Using unbalanced panel data from all major European exchanges...

Persistent link: https://www.econbiz.de/10005062710

A Stochastic Model of Mortality, Fertility, and Human Capital Investment

Kalemli-Ozcan, Sebnem - EconWPA - 2002

This paper examines the relationship between fertility and human capital investment, and it’s implications for economic growth, focusing on the e ects of declining mortality. Unlike the existing literature, this paper stresses the role of uncertainty about the number of surviving children. If...

Persistent link: https://www.econbiz.de/10005126196

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