multi-factor modelling instead of augmented CAPM, application of moving window panel regressions, orthogonalization of …

import-driven convergence and no robust difference between imports of intermediate and investment goods. Accordingly, trade … helps emerging economies follow a 'green growth' path, and trade-related policies can enhance this path. However, the … effects are economically small and require a long time horizon to become effective. Trade-related policies can become much …

We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains … provides bilateral and bisectoral panel data for 39 countries and 35 sectors for 1995-2009. We examine growth in relative South … the South-North gap in labor intensities within a couple of decades if it were solely achieved through the trade channel. …

or longer. We find from a large panel of individual professionals' forecasts that good exchange rate forecasts benefit …

consideration, the impact of the exchange rate regime and a number of other variables on primary deficits is analysed in a panel …

current trade balance variables of corresponding economies. …

China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …