Showing 1 - 10 of 314
We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The major component of trade barriers is explicitly modeled through the introduction of...
Persistent link: https://www.econbiz.de/10011242426
We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the traditional trade policy point of view. We show that in a New Keynesian model, unilateral trade liberalization reduces welfare due to terms-of-trade deterioration, creating an...
Persistent link: https://www.econbiz.de/10011242404
government bonds and Short-term Bank Indonesia certificates (SBIs). The financial and corporate sectors were resilient to the …
Persistent link: https://www.econbiz.de/10011244867
-term outlook reflects the more challenging global environment that Indonesia faces. …
Persistent link: https://www.econbiz.de/10011245079
ended on July 6, 2012, with the officials of Indonesia on economic developments and policies. Based on information available …
Persistent link: https://www.econbiz.de/10011245431
companies, and pension funds. Bank Indonesia (BI), the central bank, is responsible for regulation and supervision of the …
Persistent link: https://www.econbiz.de/10011245857
Persistent link: https://www.econbiz.de/10005605493
Persistent link: https://www.econbiz.de/10005605521
, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand …
Persistent link: https://www.econbiz.de/10010790382
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1990s, a key question is whether they could unravel like some did in the past. This paper finds that recent takeoffs are associated with stronger...
Persistent link: https://www.econbiz.de/10011242243