Similar Search Results

The implications of natural resource exports for non-resource trade

Harding, Torfinn; Venables, Anthony J - C.E.P.R. Discussion Papers - 2013

Foreign exchange windfalls such as those from natural resource revenues change non-resource exports, imports, and the … increase imports by 25 cents, implying a negligible effect on foreign saving. The negative per dollar impact on exports is … that the response to a dollar of resource revenue is, approximately, to decrease non-resource exports by 75 cents and …

Persistent link: https://www.econbiz.de/10011083402

Sovereign Debt Markets in Turbulent Times: Creditor Discrimination and Crowding-Out Effects

Broner, Fernando A; Erce, Aitor; Martin, Alberto; … - C.E.P.R. Discussion Papers - 2013

In 2007, countries in the euro periphery were enjoying stable growth, low deficits, and low spreads. Then the Financial crisis erupted and pushed them into deep recessions, raising their deficits and debt levels. By 2010, they were facing severe debt problems. Spreads increased and,...

Persistent link: https://www.econbiz.de/10011084507

Dynamic Factor Price Equalization & International Convergence

Francois, Joseph; Shiells, Clinton R. - C.E.P.R. Discussion Papers - 2008

We offer a duality-based methodology for incorporating multi-sector effects of international trade into open economy macroeconomic models, developing the concepts of the dynamic factor price equalization set and the integrated intertemporal equilibrium. Under this approach, the aggregate...

Persistent link: https://www.econbiz.de/10005504202

Slowdowns and Meltdowns: Post-war Growth Evidence from 74 Countries

Ben-David, Dan; Papell, David - C.E.P.R. Discussion Papers - 1995

Many countries, both industrialized and developing, appear to have experienced a slowdown in economic growth. We examine a large sample of countries and find that a majority exhibit a significant structural break in their post-war growth rates. In nearly all of these cases the break was followed...

Persistent link: https://www.econbiz.de/10005498062

The Great Wars, the Great Crash, and the Unit Root Hypothesis: Some New Evidence About An Old Stylized Fact

Ben-David, Dan; Papell, David - C.E.P.R. Discussion Papers - 1994

For decades, the prevailing sentiment among economists was that growth rates remain constant over the long run. Kaldor considered this to be one of the six important `stylized facts' that theory should address, and until the emergence of endogenous growth models, this was a fundamental feature...

Persistent link: https://www.econbiz.de/10005114489

International Business Cycle Spillovers

Yilmaz, Kamil - C.E.P.R. Discussion Papers - 2010

This paper studies business cycle interdependence among the industrialized countries since 1958. Using the spillover index methodology recently proposed by Diebold and Yilmaz (2009) and based on the generalized VAR framework, I develop an alternative measure of comovement of macroeconomic...

Persistent link: https://www.econbiz.de/10011083760

Convergence in Output in Transition Economies: Central and Eastern Europe, 1970-1995

Estrin, Saul; Urga, Giovanni - C.E.P.R. Discussion Papers - 1997

In this paper we use unit roots/cointegration analysis and time-varying parameters procedures to test for a common growth path in the ex-communist block, both pre- and post-reform. We test whether there has been convergence within the block and between the block as a group and the West....

Persistent link: https://www.econbiz.de/10005123521

Concording EU Trade and Production Data over Time

Bernard, Andrew B.; van Beveren, Ilke; Vandenbussche, Hylke - C.E.P.R. Discussion Papers - 2012

This paper provides concordance procedures for product-level trade and production data in the EU and examines the implications of changing product classifications on measured product adding and dropping at Belgian firms. Using the algorithms developed by Pierce and Schott (2012a,b), the paper...

Persistent link: https://www.econbiz.de/10011083798

Determinants of Korean Trade Flows and their Geographical Destination

Giorgianni, Lorenzo; Milesi-Ferretti, Gian Maria - C.E.P.R. Discussion Papers - 1997

provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s. …

Persistent link: https://www.econbiz.de/10005497842

'Locomotive' and Other Channels of Transmission under Flexible Exchange Rates

Braga de Macedo, Jorge - C.E.P.R. Discussion Papers - 1987

. The starting point is the traditional channel through exports and imports known as the "locomotive". The intertemporal …

Persistent link: https://www.econbiz.de/10005498185

1
2
3
4
5
6
7
8
9
10
Next
Last