Showing 1 - 10 of 52
Persistent link: https://www.econbiz.de/10001490386
In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have … behavior of local governments in Russia. First, capture by old firms, leading local governments to protect them from … present in China, but not in Russia. Transition in China has taken place under the tight control of the communist party. As a …
Persistent link: https://www.econbiz.de/10012471154
This paper investigates the impact on bank stock prices of emerging market currency crises and bailouts. The stock market distinguishes between banks with exposure to a crisis country and other banks. In general, banks with exposures to a crisis country are affected adversely by currency events...
Persistent link: https://www.econbiz.de/10012471245
In this paper, I develop a new identification method to solve the problem of simultaneous equations, based on heteroskedasticity of the structural shocks. I show that if the heteroskedasticity can be described as a two-regime process, then the system is just identified under relatively weak...
Persistent link: https://www.econbiz.de/10012471283
real consumption for a select group of nations in Europe and some large countries like China and Russia, but lower in most …
Persistent link: https://www.econbiz.de/10012510589
limiting exports to Russia. The economic intuition is that when Russians are unable to buy the mix of foreign goods they wish …
Persistent link: https://www.econbiz.de/10013191024
Recent sanctions on the use of Russia's international reserve assets seem likely to reduce the appeal of US dollar …
Persistent link: https://www.econbiz.de/10013191038
This paper explores the role of restrictions on the use of international reserves as economic sanctions. We develop a simple model of the strategic game between a sanctioning (creditor) country and a sanctioned (debtor) country. We show how the sanctioning country should impose restrictions...
Persistent link: https://www.econbiz.de/10013191083
that affect the equilibrium exchange rate. The dynamic behavior of the ruble exchange rate following Russia's military …
Persistent link: https://www.econbiz.de/10013191103
We study the causal effect of social media on ethnic hate crimes and xenophobic attitudes in Russia using quasi …
Persistent link: https://www.econbiz.de/10012480511