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Financial market imperfections and the impact of exchange rate movements
Berman, Nicolas; Berthou, Antoine - HAL - 2006
This paper analyses empirically the role of financial market imperfections in the way countries' exports react to a currency depreciation. Using quarterly data for 27 developed and developing countries over the period 1990-2005, we find that the impact of a depreciation on exports will be less...
Persistent link: https://www.econbiz.de/10010750638
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Terms of trade shocks and the non monotonic adjustment of the current account
Cardi, Olivier - HAL - 2011
This paper investigates both the dynamic and steady-state effects of unanticipated permanent and temporary terms of trade shocks within a two-good small open economy with habit formation and capital adjustment costs. A permanent terms of trade worsening induces a deficit-surplus current account...
Persistent link: https://www.econbiz.de/10008855578
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Leapfrogging, Growth Reversals and Welfare
Boucekkine, Raouf; Fabbri, Giorgio; Pintus, Patrick-Antoine - HAL - 2011
We show that leapfrogging and growth reversals entail sizeable welfare gains and losses, respectively, in an AK economy that cannot credibly commit to investment when borrowing from international financial markets. Small no-commitment delays originate a trade-off that has an ambiguous effect on...
Persistent link: https://www.econbiz.de/10008869308
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Is History a Blessing or a Curse? International Borrowing without Commitment, Leapfrogging and Growth Reversals
Boucekkine, Raouf; Pintus, Patrick-Antoine - HAL - 2010
We develop a simple open-economy AK model with collateral constraints that accounts for growth-reversal episodes, during which countries face abrupt changes in their growth rate that lead to either growth miracles or growth disasters. Absent commitment to investment by the borrowing country,...
Persistent link: https://www.econbiz.de/10008793410
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Immigration and the export decision to the home country
Koenig, Pamina - HAL - 2009
This paper analyzes the effect of immigrants' networks on the decision of individual firms to starting exporting to the immigrants' home country. Existing evidence on the trade-creating effect of immigrants show a robust effect, however at the national or regional level. Using French exports at...
Persistent link: https://www.econbiz.de/10010738711
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Malaria, Production and Income of the Producers of Coffee and Cocoa: an Analysis from Survey Data in Côte d'Ivoire. Malaria, coffee and cocoa production and income
Audibert, Martine; Brun, Jean-François; Mathonnat, Jacky; … - HAL - 2011
The sectors of coffee and cocoa represented in Côte d'Ivoire, before the political crisis, approximately 15% of the GDP …, first, to evaluate the role of malaria on coffee and cocoa productions, second, to assess if the behaviour of rural … households facing a liberalisation of the coffee and cocoa chains has an impact on their income. Three functions are thus …
Persistent link: https://www.econbiz.de/10008805101
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Gender Wage Gaps across Skills and Trade Openness
Yahmed, Sarra Ben - HAL - 2012
Several empirical studies have shown that the effect of openness on the gender wage gap depends on the skill requirement of the workplace. This paper offers a theoretical explanation to understand that finding. We integrate a statistical discrimination framework with the labour assignment...
Persistent link: https://www.econbiz.de/10010933932
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Gender Wage Discrimination and Trade Openness. Prejudiced employers in an open industry
Yahmed, Sarra Ben - HAL - 2012
International trade has been expected to reduce the gender wage gap by increasing competition and thus reducing the rents that allow employers to discriminate. However, some empirical assessments find an opposite effect. We provide an explanation for the puzzling result that trade openness...
Persistent link: https://www.econbiz.de/10010933941
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On the Determinants of Exchange Rate Misalignments
Saadaoui, Jamel; Mazier, Jacques; Aflouk, Nabil - HAL - 2013
The literature on exchange rate misalignments is very extensive as well as the literature on exchange rate determinants. To our knowledge, however, no study has analyzed the determinants of exchange rate misalignments. As huge capital inflows have been pouring into emerging countries since the...
Persistent link: https://www.econbiz.de/10010738841
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On the Determinants of Exchange Rate Misalignments
Saadaoui, Jamel; Mazier, Jacques; Aflouk, Nabil - HAL - 2013
The literature on exchange rate misalignments is very extensive as well as the literature on exchange rate determinants. To our knowledge, however, no study has analyzed the determinants of exchange rate misalignments. As huge capital inflows have been pouring into emerging countries since the...
Persistent link: https://www.econbiz.de/10010775953