Similar Search Results

Preemptive Policies and Risk-Off Shocks in Emerging Markets

Das, Mitali; Gopinath, Gita; Kalemli-Ozcan, Sebnem - National Bureau of Economic Research - 2021

We show that "preemptive" capital flow management measures (CFM) can reduce emerging markets and developing countries' (EMDE) external finance premia during risk-off shocks, especially for vulnerable countries. Using a panel dataset of 56 EMDEs during 1996-2020 at monthly frequency, we document...

Persistent link: https://www.econbiz.de/10012794642

Exchange Controls, Capital Controls, and International Financial Markets

Stockman, Alan C. - 1985

This paper examines the effects of restrictions on international financial markets. We analyze a general equilibrium, rational expectations model of a two-country world in which well-functioning international financial markets premit trade in all state-contingent securities except insofar as...

Persistent link: https://www.econbiz.de/10012477324

The Exchange Value of the Renminbi and China's Balance of Trade : An Emp irical Study

Zhang, Zhaoyong - 1996

This paper aims at assessing the relationship between the exchange value of the Chinese Renminbi (RMG) and China's trade balance by means of some recent econometric techniques designed to evaluate the existence and the direction of causality. We find strong evidence suggesting that changes in...

Persistent link: https://www.econbiz.de/10012473063

Exchange Controls, Devaluations and Real Exchange Rates : The Latin American Experience

Edwards, Sebastian - 1987

This paper deals with the anatomy of devaluation in Latin America. In an effort to understand the economics surrounding the causes and consequences of exchange rate crises, eighteen devaluation episodes that took place between 1962 and 1982 are investigated in detail. The paper focuses on: (1)...

Persistent link: https://www.econbiz.de/10012476720

Exchange Controls As A Fiscal Instrument

Schmitt-Grohé, Stephanie; Uribe, Martín - National Bureau of Economic Research - 2023

About 20 percent of countries have in place dual, multiple, or parallel exchange rates. Exchange controls represent a form of distortionary commercial policy. We show that they can also deflate the real value of external public debt. We study an optimal taxation problem of a government with...

Persistent link: https://www.econbiz.de/10014322682

Country studies

Blanchard, Olivier (contributor) - 1994

Persistent link: https://www.econbiz.de/10000122609

Välfärdsstat i omvandling : amerikanskt perspektiv p°a den svenska modellen ; rapporten

Freeman, Richard B. (contributor) - 1995 - 1. uppl

Persistent link: https://www.econbiz.de/10000903664

Outward FDI and Parent Exports and Employment : Japan, the United States, and Sweden

Lipsey, Robert E. - 2000

Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income level. This relationship is similar to that found for...

Persistent link: https://www.econbiz.de/10012471148

Wage-Setting Institutions as Industrial Policy

Davis, Steven J. - 2000

centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 … identify the rise and fall of centralized wage-setting arrangements as a major factor in the evolution of Sweden's industry … accounted for about 40 percent of U.S.-Swedish differences in the industry distribution. The dissolution of Sweden's centralized …

Persistent link: https://www.econbiz.de/10012471274

Education for Growth in Sweden and the World

Krueger, Alan B. - 1999

determinant of income for individuals within countries as diverse as Sweden and the United States. At a national level, however … growth among OECD countries. The conclusion comments on policy implications for Sweden based on the human capital literature …

Persistent link: https://www.econbiz.de/10012471598

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