Showing 1 - 10 of 413
With China's accession to the WTO in 2001, Russia is by far that organization's most prominent nonmember. This paper applies the gravity model to gauge whether this "outsider" status has been affecting Russia's export structure. On the basis of cross-section and panel regressions for 1995-2002,...
Persistent link: https://www.econbiz.de/10005599345
We analyze the performance of kernel density methods applied to grouped data to estimate poverty (as applied in Sala …-i-Martin, 2006, QJE). Using Monte Carlo simulations and household surveys, we find that the technique gives rise to biases in poverty … estimates, the sign and magnitude of which vary with the bandwidth, the kernel, the number of datapoints, and across poverty …
Persistent link: https://www.econbiz.de/10005826163
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects … of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …
Persistent link: https://www.econbiz.de/10005263804
significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …
Persistent link: https://www.econbiz.de/10005824903
This paper investigates the link between macroeconomic performance and the change in the poverty rate among 47 episodes … greater the inequality, the lower the elasticity of poverty to growth, and the higher the mean income, the higher the … downturn; and (iii) higher growth does not bring diminishing returns to poverty reduction. Moreover, we show that very high …
Persistent link: https://www.econbiz.de/10005599492
This paper provides a brief and selective overview of research on the links between macroeconomic policies and poverty …
Persistent link: https://www.econbiz.de/10005604850
This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to … more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …
Persistent link: https://www.econbiz.de/10008671312
This paper estimates a New Keynesian DSGE model with an explicit financial intermediary sector. Having measures of financial stress, such as the spread between lending and borrowing, enables the model to capture the impact of the financial crisis in a more direct and efficient way. The model...
Persistent link: https://www.econbiz.de/10010959466
This paper develops an open-economy DSGE model with an optimizing banking sector to assess the role of capital flows, macro-financial linkages, and macroprudential policies in emerging Asia. The key result is that macro-prudential measures can usefully complement monetary policy. Countercyclical...
Persistent link: https://www.econbiz.de/10010959468
This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover...
Persistent link: https://www.econbiz.de/10010959478