Showing 1 - 10 of 531
We adopt the Jackknife Model Averaging (JMA) technique to conduct a meta-regression analysis of 925 renminbi (RMB …
Persistent link: https://www.econbiz.de/10012861432
This paper explores theoretically and empirically the long run relation of the terms of trade (ratio of domestic and foreign prices of traded manufacturing goods) and economic growth of a pair of industrialized countries, one of which experiences a major catch-up process towards the other. It is...
Persistent link: https://www.econbiz.de/10010264264
International Comparison Program (ICP) surveys. A decomposition exercise reveals that the year 2005 misalignment estimates are …
Persistent link: https://www.econbiz.de/10010277395
This study reconsiders the well-known cross-country positive association between prices and income by focusing on heterogeneity between the inter-developed-country and inter-developing-country relationships. Empirical results reveal not only that developed and developing countries differ in...
Persistent link: https://www.econbiz.de/10010291651
We evaluate whether the Renminbi (RMB) is misaligned, relying upon conventional statistical methods of inference. A …
Persistent link: https://www.econbiz.de/10010264069
provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …
Persistent link: https://www.econbiz.de/10010264171
provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …
Persistent link: https://www.econbiz.de/10013316946
We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of … value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 … EU member states, we estimate the tax pass-through of specific beer excise taxes and ad valorem value added taxes (VAT …
Persistent link: https://www.econbiz.de/10012870645
On 19 June 2010 the Chinese authorities announced that the renminbi (RMB) was henceforth to be pegged to a currency … Seoul Summit on 11-12 November 2010, China committed to further reform the RMB exchange rate regime. We discuss here what a … genuine basket peg could mean for China, with the view that the weight for the EUR should obviously be significantly increased …
Persistent link: https://www.econbiz.de/10010274952
reflect the best possible assessment of the equilibrium exchange rate. In this paper we use the BEER and PEER approach to … premium proxy as well as to our approach for computing the total misalignment. We demonstrate that the BEER/PEER estimates of …
Persistent link: https://www.econbiz.de/10010264576