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"In contrast with a growing literature on the drivers of aggregate volatility in developing countries, its consequences … aggregate volatility has a regressive, asymmetric, and non linear impact, as reflected in the strong influence of extreme output …
Persistent link: https://www.econbiz.de/10011394189
Persistent link: https://www.econbiz.de/10010524180
, and can surge at times of currency speculation. Heightened interest rate and exchange rate volatility pose practical risk … through the equity markets have not been the major contributor to increased international sources of volatility. In addition …
Persistent link: https://www.econbiz.de/10012563564
variations in affecting environmental conditions at the time of birth and determining the health outcomes of young children in …
Persistent link: https://www.econbiz.de/10011394107
Persistent link: https://www.econbiz.de/10011393458
"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However, the degree of competition realized is closely related...
Persistent link: https://www.econbiz.de/10011394147
"This paper critically reviews existing energy demand forecasting methodologies highlighting the methodological diversities and developments over the past four decades in order to investigate whether the existing energy demand models are appropriate for capturing the specific features of...
Persistent link: https://www.econbiz.de/10011394160
"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...
Persistent link: https://www.econbiz.de/10010522096
"One of the recurring themes in the sustainability literature has been the legitimacy of using an economic framework to account for natural resources. This paper examines the potential for substituting between different inputs in the generation of income, where the inputs include natural...
Persistent link: https://www.econbiz.de/10010522257
probability of a crisis are of the expected sign. The panel data set covers the time period 1973 through 2003 for 90 countries …
Persistent link: https://www.econbiz.de/10010522552