Showing 1 - 10 of 1,170
Persistent link: https://www.econbiz.de/10001876739
Persistent link: https://www.econbiz.de/10009317697
Trade liberalization leads to long-run gains, but it can also involve costly short-run macroeconomic adjustment. The paper explores the relative importance of these effects within a dynamic general equilibrium model that captures key elements of both international trade and macroeconomic models....
Persistent link: https://www.econbiz.de/10014400147
This paper integrates a two-period overlapping generations model with a standard two-sector Hecksher-Ohlin trade model and analyzes the impact of uncertainty on domestic investment in the exportable and importable sectors, the political economy linkages between trade and financial...
Persistent link: https://www.econbiz.de/10014400162
Persistent link: https://www.econbiz.de/10009317514
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...
Persistent link: https://www.econbiz.de/10014401281
Persistent link: https://www.econbiz.de/10009487131
Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas …
Persistent link: https://www.econbiz.de/10011436803
Persistent link: https://www.econbiz.de/10012697695
France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings … indicate that accuracy of financial expert deficit forecasts increased in France. Convergence between the European Commission …'s and market experts’ deficit forecasts also increased in France, Italy, and the United Kingdom, particularly during the …
Persistent link: https://www.econbiz.de/10014412192