Showing 1 - 10 of 452
This paper examines global and regional stock market integration in Asia at both the aggregate and disaggregate …
Persistent link: https://www.econbiz.de/10012953892
emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …
Persistent link: https://www.econbiz.de/10012954357
intermediate inputs for economies in the Asia-Pacific region and examine the impact on domestic producer prices of changes in costs … price dynamics in the Asia-Pacific region …
Persistent link: https://www.econbiz.de/10013054011
We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility of monetary decisions generated by the presence of uncertainty about the committee...
Persistent link: https://www.econbiz.de/10013047346
The paper examines the monetary-fiscal interactions in a monetary union model with uncertainty due to imperfect central bank transparency. We first show that monetary uncertainty disciplines fiscal policymakers and thereby reduces taxes, average inflation and output distortions. However, as more...
Persistent link: https://www.econbiz.de/10012753473
We document that observed international input-output linkages contribute substantially to synchronizing producer price inflation (PPI) across countries. Using a multi-country, industry-level dataset that combines information on PPI and exchange rates with international and domestic input-output...
Persistent link: https://www.econbiz.de/10012958731
We analyze the interaction between monetary policy in the US and the global economy, using a global vector autoregressive model with time-varying parameters and stochastic volatility (TVP-SV-GVAR). We find that a contractionary US monetary policy shock leads to a persistent fall in international...
Persistent link: https://www.econbiz.de/10012994181
economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them …, the ability of the rest of the world to absorb Asia's exports has decreased. Export production in some Asian countries has … production networks in Asia. It then discusses how developing Asian countries could leverage production networks to facilitate …
Persistent link: https://www.econbiz.de/10013101411
Despite remarkable growth during the last decade, Asia and the Pacific still faces extensive basic infrastructure needs …
Persistent link: https://www.econbiz.de/10013092592
This study seeks to determine the extent to which the former communist states of Central and South-West Asia are …
Persistent link: https://www.econbiz.de/10013064144