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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:"Cumby, Robert E."
~person:"Edwards, Sebastian"
~person:"Egger, Peter"
~person:"Francois, Joseph F."
~person:"Hartog, Joop"
~person:"Heckman, James J."
~person:"Henry, Michael"
~person:"Marcellino, Massimiliano"
~person:"Rigobon, Roberto"
~person:"Sala-i-Martin, Xavier"
~person:"Svensson, Lars E.O."
~person:"van Wincoop, Eric"
~subject:"Bildungsertrag"
~subject:"Exchange rate"
~subject:"Internationale Wirtschaft"
~subject:"Returns to education"
~subject:"Ökonometrisches Modell"
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Cumby, Robert E.
Edwards, Sebastian
Egger, Peter
Francois, Joseph F.
Hartog, Joop
Heckman, James J.
Henry, Michael
Marcellino, Massimiliano
Rigobon, Roberto
Sala-i-Martin, Xavier
Svensson, Lars E.O.
van Wincoop, Eric
Obstfeld, Maurice
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Wei, Shang-Jin
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1
Exchange Rates in Emerging Economies : What Do We Know? What Do We Need to Know?
Edwards, Sebastian
-
1999
Exchange rates have been at the center of economic debates in emerging economies. Issues related to the feasibility of flexible exchange rates, the relationship between exchange rate volatility and growth, and the role of exchange rate overvaluation in recent crises, among other, have been...
Persistent link: https://www.econbiz.de/10012471561
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2
The Determinants of the Choice between Fixed and Flexible Exchange-Rate Regimes
Edwards, Sebastian
-
1996
In recent years, analysts and policy makers alike have been evaluating the nexus between exchange rates and macroeconomic stability. Among the most important questions is why have some countries adopted rigid, including fixed, exchange-rate paper addresses this question from a political economy...
Persistent link: https://www.econbiz.de/10012473078
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3
Allander Series : Skill Policies for Scotland
Heckman, James J.
-
2005
This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...
Persistent link: https://www.econbiz.de/10012467655
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4
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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5
The Effects of War Risk on U.S. Financial Markets
Rigobon, Roberto
-
2003
This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices, a widening of lower-grade corporate spreads, a...
Persistent link: https://www.econbiz.de/10012469089
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6
The U.S. Current Account Deficit : Gradual Correction or Abrupt Adjustment?
Edwards, Sebastian
-
2006
In this paper I use a large multi-country data set to analyze the determinants of abrupt and large "current account reversals." The results from a variance-component probit model indicate that the probability of experiencing a major current account reversal is positively affected by larger...
Persistent link: https://www.econbiz.de/10012466540
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7
The Great Exchange Rate Debate After Argentina
Edwards, Sebastian
-
2002
In this paper I discuss in what way, if any, the collapse of Argentina's experience with a currency board has affected the policy debate on the appropriate exchange rate regime in emerging and transition countries. More specifically, I deal with three issues: (1) I discuss some important aspects...
Persistent link: https://www.econbiz.de/10012469452
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8
Capital Controls, Exchange Rate Volatility and External Vulnerability
Edwards, Sebastian
-
2005
We use high frequency data and a new econometric methodology to evaluate the effectiveness of controls on capital inflows. We focus on Chile's experience during the 1990s and investigate whether controls on capital inflows reduced Chile's vulnerability to external shocks. We recognize that...
Persistent link: https://www.econbiz.de/10012467245
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9
Separating Uncertainty from Heterogeneity in Life Cycle Earnings
Cunha, Flavio
-
2005
This paper develops and applies a method for decomposing cross section variability of earnings into components that are forecastable at the time students decide to go to college (heterogeneity) and components that are unforecastable. About 60% of variability in returns to schooling is...
Persistent link: https://www.econbiz.de/10012467663
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10
A Scapegoat Model of Exchange Rate Fluctuations
Bacchetta, Philippe
-
2004
While empirical evidence finds only a weak relationship between nominal exchange rates and macroeconomic fundamentals, forex markets participants often attribute exchange rate movements to a macroeconomic variable. The variables that matter, however, appear to change over time and some variable...
Persistent link: https://www.econbiz.de/10012468448
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