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Distributional effects of monetary policy in emerging market economies
Prasad, Eswar S.; Zhang, Boyang - 2015
We develop a two-sector, heterogeneous-agent model with incomplete financial markets to study the distributional effects and aggregate welfare implications of alternative monetary policy rules in emerging market economies. Relative to inflation targeting, exchange rate management benefits...
Persistent link: https://www.econbiz.de/10011309046
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Distributional effects of macroeconomic policy choices in emerging market economies
Prasad, Eswar S. - 2013
Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...
Persistent link: https://www.econbiz.de/10010222156
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How economic, political and institutional factors influence the choice of exchange rate regimes? : new evidence from selected countries of the MENA region
Maraoui, Najia; Hadj Amor, Thouraya; Khefacha, Islem; … - 2022
In this paper, we investigate how economic, political and institutional factors affect the choice of exchange rate regimes, using data on eight MENA (Middle East and North Africa) countries over the 1984-2016 period. Specifically, we run random-effects ordered probit regressions of the...
Persistent link: https://www.econbiz.de/10013186745
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The impacts of the dollar-renminbi exchange rate misalignment on the China-United States commodity trade : an asymmetric analysis
Ferjani, Sabrine; Saafi, Sami; Nouira, Ridha; Rault, … - 2022
Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and realistic framework allowing for possible asymmetric effects. We use monthly time-series data over the...
Persistent link: https://www.econbiz.de/10013187157
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On the exchange rate and economic policy uncertainty nexus: a panel VAR approach for emerging markets
Abid, Abir; Rault, Christophe - 2020
We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR perspective used for the first time in this context. Focusing on Emerging Market Economies (EME), our noteworthy findings postulate that (a) both home and foreign EPU shocks...
Persistent link: https://www.econbiz.de/10012239005
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Would a Euro's depreciation improve the French economy?
Magnani, Riccardo; Piccoli, Luca; Carré, Martine; … - 2017
In this paper, we use a Micro-Macro model to evaluate the effects of a euro's depreciation on the French economy, both at the macro and micro level. Our Micro-Macro model consists of a Microsimulation model that includes an arithmetical model for the French fiscal system and two behavioral...
Persistent link: https://www.econbiz.de/10011738884
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Nepotism, incentives and the academic success of college students
Gevrek, Deniz (contributor); Gevrek, Z. Eylem (contributor) - 2008
by using a unique data set from a private university in Turkey. We assembled data set by matching college students …
Persistent link: https://www.econbiz.de/10003759204
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Trade openness and the demand for skills : evidence from Turkish microdata
Meschi, Elena (contributor); Taymaz, Erol (contributor);  … - 2008
In this paper we report evidence on the relationship between trade openness, technology adoption and relative demand for skilled labour in the Turkish manufacturing sector, using firm-level data over the period 1980-2001. In a dynamic panel data setting using a unique database of 17,462 firms,...
Persistent link: https://www.econbiz.de/10003793284
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Brain drain from Turkey : an investigation of students' return intentions
Güngör, Nil Demet (contributor);  … - 2006
The emigration of skilled individuals from Turkey attracted greater media attention and the interest of policymakers in … Turkey, particularly after the experience of recurrent economic crises that have led to an increase in unemployment among the … in the decision to return to Turkey or stay overseas. It is also found that the compulsory service requirement attached …
Persistent link: https://www.econbiz.de/10003467012
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Brain drain from Turkey : the case of professionals abroad
Güngör, Nil Demet (contributor);  … - 2007
language instruction. The recent economic crises in Turkey have negatively affected return intentions. We verify that return … abroad for shorter periods and improving academic facilities in Turkey's newly established universities. The government may …
Persistent link: https://www.econbiz.de/10003451837