Showing 1 - 10 of 133
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al …
Persistent link: https://www.econbiz.de/10014403090
Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese … manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than … American exporters, who tend to price to domestic cost. Japanese firms seem to price discriminate between domestic, and export …
Persistent link: https://www.econbiz.de/10014395791
The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...
Persistent link: https://www.econbiz.de/10014402644
This paper presents an econometric model of U.S. current account transactions. The model is used to analyze the factors behind the deterioration in the U.S. external position during the 1980s and to examine the sensitivity of the U.S. current account balance to changes in factors which are its...
Persistent link: https://www.econbiz.de/10014396470
This paper considers the demand for various monetary aggregates with a view to assessing their potential roles as intermediate variables for monetary policy. Illustrative estimates using a generalized autoregressive distributed lag model are presented. For M1, the results support an “error...
Persistent link: https://www.econbiz.de/10014396094
Statistical Appendix –Abstract cannot be created.
Persistent link: https://www.econbiz.de/10011245718
, commercial bank loans, financial soundness indicators, Sukuk outstanding and yield, private investment by sector, export and … import commodities and countries involved, and FDI of Brunei Darussalam. …
Persistent link: https://www.econbiz.de/10011244014
cointegration approach. It finds that labor flows, and notably flows from outside the labor market, are important determinants of …
Persistent link: https://www.econbiz.de/10014401436
Persistent link: https://www.econbiz.de/10009424793