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The renminbi's role in the global monetary system
Prasad, Eswar S.; Ye, Lei - 2012
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i … changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from …
Persistent link: https://www.econbiz.de/10009530739
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Purchasing power parity for developing and developed countries : what can we learn from non-stationary panel data models?
Drine, Imed (contributor); Rault, Christophe (contributor) - 2007
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...
Persistent link: https://www.econbiz.de/10003610062
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Monetary commitment and structural reforms : a dynamic panel analysis for transition economies
Belke, Ansgar; Vogel, Lukas - 2012
This paper examines the contemporaneous relationship between the exchange rate regime and structural economic reforms for a sample of CEEC/CIS transition countries. We investigate empirically whether structural reforms are complements or substitutes for monetary commitment in the attempt to...
Persistent link: https://www.econbiz.de/10009575090
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The real exchange rate and growth in Zimbabwe : does the currency regime matter?
Brixiova, Zuzana; Ncube, Mthuli - 2014
Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment, declining share in the world exports, high current account deficits, and external debt. The stock-flow approach to the equilibrium exchange rate reveals that the real exchange rate...
Persistent link: https://www.econbiz.de/10010398776
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Structural reforms and the exchange rate regime : a panel analysis for the world versus OECD countries
Belke, Ansgar (contributor); Herz, Bernhard (contributor);  … - 2005
We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...
Persistent link: https://www.econbiz.de/10003260831
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Exchange rate volatility and employment growth : empirical evidence from the CEE economies
Belke, Ansgar (contributor); Setzer, Ralph (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001937672
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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 role of the exchange rate regime in the process of real and nominal convergence
D'Adamo, Gaetano; Rovelli, Riccardo - 2013
During the last decade, economists have intensively searched for evidence on the importance of the Balassa-Samuelson (B-S) hypothesis in explaining nominal convergence. One general result is that B-S can at best explain only part of the excess inflation observed in the European catching-up...
Persistent link: https://www.econbiz.de/10010191206
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TIPping the scales towards greater employment chances? : evaluation of a Trial Introduction Program (TIP) for newly-arrived immigrants based on random program assignment
Andersson Joona, Pernilla; Nekby, Lena - 2009
A Trial Introduction Program (TIP) for newly-arrived immigrants to Sweden was implemented from October 2006 to June 2008 in order to meet the main criticisms directed at existing introduction programs. Two primary innovations were introduced, flexible language instruction parallel with other...
Persistent link: https://www.econbiz.de/10003825209
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Women's age at first marriage and marital instability : evidence from the 2006-2008 national survey of family growth
Lehrer, Evelyn L.; Chen, Yu - 2011
One of the most salient demographic trends in the U.S. landscape in recent decades has been the pronounced increase in age at first marriage. This paper examines the implications of women's delayed entry to marriage for marital stability using data from the 2006-2008 National Survey of Family...
Persistent link: https://www.econbiz.de/10009380415