Similar Search Results

Frankel, Jeffrey A. - 2003

Fears that globalization necessarily hurts the environment are not well-founded. A survey reveals little statistical …

Persistent link: https://www.econbiz.de/10012468604

The Estimated Effects of the Euro on Trade : Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?

Frankel, Jeffrey A. - 2008

Andy Rose (2000), followed by many others, has used the gravity model of bilateral trade on a large data set to estimate the trade effects of monetary unions among small countries. The finding has been large estimates: Trade among members seems to double or triple, that is, to increase by...

Persistent link: https://www.econbiz.de/10012464108

Open Regionalism in a World of Continental Trade Blocs

Wei, Shang-Jin - 1995

Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to satisfy the McMillan criterion of not lowering their trade volume with outside countries, they have to engage in a dramatic reduction of trade barriers against non-member countries....

Persistent link: https://www.econbiz.de/10012473603

Bias in Official Fiscal Forecasts : Can Private Forecasts Help?

Frankel, Jeffrey A. - 2016

Government forecasts of GDP growth and budget balances are generally more over-optimistic than private sector forecasts. When official forecasts are especially optimistic relative to private forecasts ex ante, they are more likely also to be over-optimistic relative to realizations ex post. For...

Persistent link: https://www.econbiz.de/10012456327

Over-optimistic Official Forecasts in the Eurozone and Fiscal Rules

Frankel, Jeffrey A. - 2012

Why do countries find it so hard to get their budget deficits under control? Systematic patterns in the errors that official budget agencies make in their forecasts may play an important role. Although many observers have suggested that fiscal discipline can be restored via fiscal rules such as...

Persistent link: https://www.econbiz.de/10012460377

Global Climate Policy Architecture and Political Feasibility : Specific Formulas and Emission Targets to Attain 460 ppm CO2 Concentrations

Bosetti, Valentina - 2009

In pursuit of more aggressive environmental goals, we now advance the dates at which some countries are asked to begin cutting below BAU, within our framework. We also tinker with the values for the parameters in the formulas. The resulting target paths for emissions are run through the WITCH...

Persistent link: https://www.econbiz.de/10012463133

Sustainable Cooperation in Global Climate Policy : Specific Formulas and Emission Targets to Build on Copenhagen and Cancun

Bosetti, Valentina - 2011

We explore a framework that could be used to assign quantitative allocations of emissions of greenhouse gases (GHGs), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries accept targets at Business as Usual (BAU) in the coming...

Persistent link: https://www.econbiz.de/10012460988

Thresholds in the process of international financial integration

Kose, M. Ayhan; Prasad, Eswar S.; Taylor, Ashley D. - 2009

The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …

Persistent link: https://www.econbiz.de/10003831857

How do trade and financial integration affect the relationship between growth and volatility?

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2006

context of globalization a term typically used to describe the phenomenon of growing international trade and financial … interaction of financial integration with volatility. -- globalization ; international trade and financial linkages …

Persistent link: https://www.econbiz.de/10003464194

How does financial globalization affect risk sharing? : Patterns and channels

Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2007

In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut … flows may help explain why emerging markets have not been able to realize this presumed benefit of financial globalization …

Persistent link: https://www.econbiz.de/10003586563