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~institution:"National Bureau of Economic Research"
~isPartOf:"Discussion paper / Centre for Economic Policy Research"
~isPartOf:"Journal of econometrics"
~isPartOf:"Labour economics : official journal of the European Association of Labour Economists"
~isPartOf:"NBER working paper series"
~isPartOf:"Research papers / Leverhulme Centre for Research on Globalisation and Economic Policy"
~isPartOf:"Study paper"
~person:"Anderson, James E."
~person:"Cumby, Robert E."
~person:"Egger, Peter"
~person:"Francois, Joseph F."
~person:"Hartog, Joop"
~person:"Heckman, James J."
~person:"Henry, Michael"
~person:"Marcellino, Massimiliano"
~person:"Obstfeld, Maurice"
~person:"Sala-i-Martin, Xavier"
~subject:"Bildungsertrag"
~subject:"Exchange rate"
~subject:"Internationale Wirtschaft"
~subject:"Schätzung"
~subject:"Ökonometrisches Modell"
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Anderson, James E.
Cumby, Robert E.
Egger, Peter
Francois, Joseph F.
Hartog, Joop
Heckman, James J.
Henry, Michael
Marcellino, Massimiliano
Obstfeld, Maurice
Sala-i-Martin, Xavier
Rose, Andrew K.
26
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18
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10
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9
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9
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8
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8
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8
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8
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8
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7
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1
Determinants of Long-Term Growth : A Bayesian Averaging of Classical Estimates (BACE) Approach
Doppelhofer, Gernot
-
2000
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...
Persistent link: https://www.econbiz.de/10012471000
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2
Capital Flows, the Current Account, and the Real Exchange Rate : Consequences of Liberalization and Stabilization
Obstfeld, Maurice
-
1984
This paper develops a dynamic framework in which macroeconomic liberalization and stabilization measures of the type recently seen in Latin America can be studied. The model is sufficiently general to cover both polar cases of a closed capital account and free private capital mobility, so the...
Persistent link: https://www.econbiz.de/10012477560
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3
Covered Interest Parity Deviations : Macrofinancial Determinants
Cerutti, Eugenio M.
-
2019
For several decades until the Global Financial Crisis (GFC), Covered Interest Parity (CIP) appeared to hold quite closely--even as a broad macroeconomic relationship applying to daily or weekly data. Not only have CIP deviations significantly increased since the GFC, but potential macrofinancial...
Persistent link: https://www.econbiz.de/10012480075
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4
Gravity, Productivity and the Pattern of Production and Trade
Anderson, James E.
-
2009
frictions in production and distribution of a many country
world
. The starting point is the international incidence of … reduce sectoral skill premia. Bigger sellers' incidence by country (sector) reduces equilibrium shares of
world
(national …
Persistent link: https://www.econbiz.de/10012464007
Saved in:
5
Consumption Risk and International Asset Returns : Some Empirical Evidence
Cumby, Robert E.
-
1987
The paper examines if real stock returns in four countries are consistent with consumption-based models of international asset pricing. The paper finds that ex-ante real stock returns exhibit statistically significant fluctuations over time and that these fluctuations cannot be explained by...
Persistent link: https://www.econbiz.de/10012476685
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6
Natural and Neutral Real Interest Rates : Past and Future
Obstfeld, Maurice
-
National Bureau of Economic Research
-
2023
This paper surveys the decline in real interest rates in advanced and emerging economies over the past several decades, linking that process to a range of global factors that have operated with different force in different periods. The paper argues that estimates of long-run equilibrium real...
Persistent link: https://www.econbiz.de/10014447270
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7
Globalization, Macroeconomic Performance, and the Exchange Rates of Emerging Economies
Obstfeld, Maurice
-
2004
Among the developing countries of the
world
, those emerging markets that have sought some degree of integration into …
world
finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …
Persistent link: https://www.econbiz.de/10012467840
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8
Trade Costs
Anderson, James E.
-
2004
goods within countries, much of which makes economic sense.
Theory
looms large in our survey, providing interpretation and … and interpret gravity
theory
properly and to handle aggregation appropriately …
Persistent link: https://www.econbiz.de/10012468213
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9
Social Security and Democracy
Mulligan, Casey B.
-
2002
Many political economic theories use and emphasize the process of voting in their explanation of the growth of Social Security, government spending, and other public policies. But is there an empirical connection between democracy and Social Security program size or design? Using some new...
Persistent link: https://www.econbiz.de/10012469756
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10
The
World
Distribution of Income (estimated from Individual Country Distributions)
Sala-i-Martin, Xavier
-
2002
We estimate the
world
distribution of income by integrating individual income distributions for 125 countries between … hosted 11% of the
world
's poor in 1960. It hosted 66% of them in 1998. We estimate nine indexes of income inequality implied … by our
world
distribution of income. All of them show substantial reductions in global income inequality during the 1980s …
Persistent link: https://www.econbiz.de/10012469781
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