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properties of output. The source of the shock matters: while recessions induced by a drop in the price of exportable goods call …
Persistent link: https://www.econbiz.de/10011394220
"Taking price changes from the Global Trade Analysis Project (GTAP) model of world trade, the authors use a small open economy computable general equilibrium comparative static model of the Russian economy to assess the impact of global free trade and a successful completion of the Doha Agenda...
Persistent link: https://www.econbiz.de/10010522475
"This paper examines the effects of inflation targeting on industrial and emerging economies' output growth over the "globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find systematic positive and significant effects of...
Persistent link: https://www.econbiz.de/10010520968
Persistent link: https://www.econbiz.de/10011393547
Persistent link: https://www.econbiz.de/10011393732
"Do aggregate economic shocks, such as those caused by macroeconomic crises or droughts, reduce child human capital? The answer to this question has important implications for public policy. If shocks reduce investments in children, they may transmit poverty from one generation to the next. This...
Persistent link: https://www.econbiz.de/10010521058
"Developing countries face a host of macroeconomic challenges in the design and implementation of development strategies and policies. The importance of the underlying poverty and distributional issues creates a need for relevant and reliable ways of tracking the social impact of shocks and...
Persistent link: https://www.econbiz.de/10010522412