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We propose a country classification of economic growth currency crisis consequences based on the entropic analysis of the real exchange rate. We show that this ranking is highly correlated with the annual minimum rate of growth, a proxy used to quantify real currency crisis effects.
Persistent link: https://www.econbiz.de/10005835448
In this paper we detect the linear and nonlinear co-movements presented on the real exchange rate in a group of 28 developed and developing countries that have suffered currency and financial crises during 15 years. We have used the matrix of Pearson correlation and Phase Synchronous (PS)...
Persistent link: https://www.econbiz.de/10005623396
China has become a popular geographic area of research. Researchers make extensive use of Chinese official statistics, but these statistics are often not well understood. This article first clarifies three major issues that affect a wide range of Chinese statistics—from output and employment...
Persistent link: https://www.econbiz.de/10011258695
Основной проблемой при оценке производственной функции развивающихся стран является отсутствие надёжных статистических данных по физическому капиталу....
Persistent link: https://www.econbiz.de/10011259110
The rapid growth of substitutes for cash, particularly debit and credit cards, has led economists to predict the advent of the “cashless society”. Yet cash holdings in most developed economies continue to grow and in the U.S., per capita currency holdings now amount to $3000. This paper...
Persistent link: https://www.econbiz.de/10011259369
In general, rational economic agents trade off the cost of waiting for the statistical agencies disseminate the final results of the relevant surveys before making a decision, on the one hand, and of making use of some model based predictions. Thus, from the viewpoint of agents, predictions and...
Persistent link: https://www.econbiz.de/10011259931
This paper discusses the development of public expenditure in the Netherlands since 1850. Why did public expenditure increase from 14% GDP in 1850, nearly 20% in 1921, 30% GDP in 1950 and over 60% GDP in 1983? Dutch public expenditure has fallen to less than 50% GDP in 2003. Why did this...
Persistent link: https://www.econbiz.de/10011259975
When attempting to deal with the recalculation process, it is hard to answer the question “Does the recalculated series include economic events and seasonal behaviours in the past?”. This paper discusses some alternative backward recalculation methods and presents the applications and their...
Persistent link: https://www.econbiz.de/10011260681
The term “macroprudential” is usually used in different ways. Sometimes it refers to macroprudential analysis, others to macro-prudential oversight and it also speaks of macroprudential regulation. In this paper, taking into account these concepts, an analysis of what is meant by...
Persistent link: https://www.econbiz.de/10011260834
The aim of this paper is to expose the results of my research concerning the migrant’s profile built up by means of logit regression model based on social and demographic characteristics. Within these characteristics could be mentioned: the age group, the gender, the education level, the...
Persistent link: https://www.econbiz.de/10011260929