Showing 1 - 10 of 156
the degree of CB independence, the level of financial deepening, the instability in the terms of trade and the length of …
Persistent link: https://www.econbiz.de/10008794278
US interest rates'overnight reaction to macroeconomic announcements is of tremendous importance trading fixed income securities. Most of the empirical studies achieved so far either assumed that the interest rates' reaction to announcements is linear or independent to the state of the economy....
Persistent link: https://www.econbiz.de/10010750499
This article compares reactions of economies in Economic Monetary Union to a single monetary policy. For that, we estimate a reaction function supposed to represent the behaviour of European Central Bank over the period 1980-1998. Then residuals are introduced into the production equation of...
Persistent link: https://www.econbiz.de/10008788872
In the economic literature it is generally found that trade openness affects environment through various channels …. While the mechanisms through which trade is associated with pollution are largely investigated theoretically and empirically …, the role played by each trade component has not yet received enough attention. This paper attempts to bridge this gap by …
Persistent link: https://www.econbiz.de/10009643223
combine trade, aid and investment, which may create 'lock-in' effects. China's trade and investment focus on the commodities …
Persistent link: https://www.econbiz.de/10009353553
This paper investigates the determinants of the shape of regional trade agreements (RTAs). Because the world is … constituted by independent political entities, international trade flows take place in a system where property rights are … unsecured and RTAs should be understood as regulation mechanisms. In this theoretical framework, trade and security issues …
Persistent link: https://www.econbiz.de/10010750549
study generalises Davis' (1998) idea according to which the institutions of the trade partners matter also for a country … evidence that the interactions between bilateral trade and relative labour market regulations affect the equilibrium …
Persistent link: https://www.econbiz.de/10010750945
on trade patterns and industrialization. We propose a multi-industry and two-country trade model featuring demand …
Persistent link: https://www.econbiz.de/10010738656
The paper assesses the trade-creating impact of foreign-born residents on the international imports and exports of the … French regions where they are settled. The pro-trade effect of immigrants is investigated along two intertwined dimensions …: the complexity of traded goods and the quality of institutions in partner countries. The trade-enhancing impact of …
Persistent link: https://www.econbiz.de/10010738730
changed the geography of trade within France, with a particular focus on the trends experienced by border regions. We support … border regions trade on average 72% more with nearby countries than predicted by the gravity norm. They perform even better … partly due to a decreasing propensity of foreign affliates to trade with their home country. This trade reorientation is less …
Persistent link: https://www.econbiz.de/10010738936