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Multi-product Firms and Product Turnover in the Developing World : Evidence from India

Goldberg, Pinelopi K. - 2008

Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the … detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent …

Persistent link: https://www.econbiz.de/10012464518

The Global Dollar Cycle

Obstfeld, Maurice; Zhou, Haonan - National Bureau of Economic Research - 2023

The U.S. dollar's nominal effective exchange rate closely tracks global financial conditions, which themselves show a cyclical pattern. Over that cycle, world asset prices, leverage, and capital flows move in concert with global growth, especially influencing the fortunes of emerging and...

Persistent link: https://www.econbiz.de/10014247924

The Euro and Structural Reforms

Alesina, Alberto - 2008

, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the …

Persistent link: https://www.econbiz.de/10012464168

Democracy and Development : The Devil in the Details

Persson, Torsten - 2006

Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends -- in a subtle way -- on the details of democratic...

Persistent link: https://www.econbiz.de/10012466677

What Have Two Decades of British Economic Reform Delivered?

Card, David - 2002

Beginning in 1979 with the newly electted Thatcher Government and continuing under successive Conservative and Labour Governments, the United Kingdom has embarked on a two-decade-long experiment in economic reform. We present evidence that the reform process has succeeded in making the UK more...

Persistent link: https://www.econbiz.de/10012469914

Reforming the welfare state : recovery and beyond in Sweden

Freeman, Richard B. (ed.); Swedenborg, Birgitta (contributor) - 2010

Persistent link: https://www.econbiz.de/10003851392

Drawing Conclusions from Structural Vector Autoregressions Identified on the Basis of Sign Restrictions

Baumeister, Christiane - 2020

This paper discusses the problems associated with using information about the signs of certain magnitudes as a basis for drawing structural conclusions in vector autoregressions. We also review available tools to solve these problems. For illustration we use Dahlhaus and Vasishtha's (2019) study...

Persistent link: https://www.econbiz.de/10012479131

Common Shocks in Stocks and Bonds

Cieslak, Anna - 2020

We propose an approach to identifying economic shocks (monetary, growth, and risk-premium news) from stock returns and Treasury yield changes, which allows us to study the drivers of asset prices at a daily frequency since the early 1980s. We apply the identification to examine investors'...

Persistent link: https://www.econbiz.de/10012482403

The Long-Term Impact of the COVID-19 Unemployment Shock on Life Expectancy and Mortality Rates

Bianchi, Francesco - 2020

typical unemployment shock, depending on race/gender, resulting in a 3.0% increase in mortality rate and a 0.5% drop in life … expectancy over the next 15 years for the overall American population. We also predict that the shock will disproportionately …

Persistent link: https://www.econbiz.de/10012482522

Identifying Government Spending Shocks : It's All in the Timing

Ramey, Valerie A. - 2009

the period 1969 to 2008. All news measures suggest that most components of consumption fall after a positive shock to …

Persistent link: https://www.econbiz.de/10012463185

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