Showing 1 - 10 of 509
This paper investigates whether gold and silver can be considered safe havens by examining their long-run linkages with … 22 stock price indices. More specifically, the stochastic properties of the differential between gold/silver prices and … is found for the gold price differential vis-à-vis BEF, BSE, CAC, DOW, KLS, KS1, MXX, N100, NAS, NYA and SP5 and for both …
Persistent link: https://www.econbiz.de/10014241989
subjected economies to a “commodity lottery” in the form of price fluctuations in world markets. Capital mobility and a currency … gold standard. We identify (i) positive effects of commodity-export prices on real GDP and the domestic price level and (ii …
Persistent link: https://www.econbiz.de/10013291318
price of gold coin is an important factor in cost-benefit analysis for individuals in their marriage and divorce decisions … in Iran. Dowries (Mehrieh) are usually in the form of gold coin and a wife has a legal right to them upon both parties … signing the marriage contract. Increasing the price of gold coin may intensify the internal stress and struggles within …
Persistent link: https://www.econbiz.de/10011794212
The general-equilibrium effects of performance-related teacher pay include long-term incentive and teacher-sorting mechanisms that usually elude experimental studies but are captured in cross-country comparisons. Combining country-level performance-pay measures with rich PISA-2003 international...
Persistent link: https://www.econbiz.de/10013139418
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10013116042
influential in recent policy discussions. It notes potentially important features of the real- world environment that the standard …
Persistent link: https://www.econbiz.de/10012833728
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012833734
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14% …
Persistent link: https://www.econbiz.de/10012834352
The use of tax havens by multinational corporations (MNCs) has attracted increasing attention and scrutiny in recent years. This paper provides an exposition of the academic literature on this topic. It begins with an overview of the basic facts regarding MNCs' use of havens, which are...
Persistent link: https://www.econbiz.de/10012834357
rest of the world. International cooperation benefits other countries by improving global demand for dollar-invoiced goods …
Persistent link: https://www.econbiz.de/10012834360