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Did Output Recover from the Asian Crisis?
Cerra, Valerie; Saxena, Sweta C. - 2005
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
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The Big Split : Why Did Output Trajectories in the ASEAN-4 Diverge after the Global Financial Crisis?
Isnawangsih, Agnes - 2013
impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the …, however, was not uniform. Even in a relatively homogenous group of countries such as ASEAN-4 (Indonesia, Malaysia, the … Philippines and Thailand), there were considerable differences both in terms of instantaneous impact of the crisis and in terms of …
Persistent link: https://www.econbiz.de/10013072592
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Financial Market Contagion in the Asian Crisis
Goldfajn, Ilan - 2021
This paper tests for evidence of contagion between the financial markets of Thailand, Malaysia, Indonesia, Korea, and …
Persistent link: https://www.econbiz.de/10013212114
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Energy Transition Metals
Pescatori, Andreas; Boer, Lukas; Stuermer, Martin - 2022
The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario...
Persistent link: https://www.econbiz.de/10013306742
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Explaining ASEAN-3's Investment Puzzle a Tale of Two Sectors
Zhou, Yong Sarah - 2013
. Empirical results based on macro and firm-level data from Indonesia, Malaysia, and Thailand (ASEAN-3) support this hypothesis …
Persistent link: https://www.econbiz.de/10013085985
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Regionalization vs. Globalization
Hirata, Hideaki - 2013
Both global and regional economic linkages have strengthened substantially over the past quarter century. We employ a dynamic factor model to analyze the implications of these linkages for the evolution of global and regional business cycles. Our model allows us to assess the roles played by the...
Persistent link: https://www.econbiz.de/10013086323
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The Caribbean and its Linkages with the World : A GVAR Model Approach
Vargas, Jose - 2020
of the main interrelations between the Caribbean region and the rest of the world, and then we quantify the impact of …
Persistent link: https://www.econbiz.de/10012843519
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Are There International R&D Spillovers Among Randomly Matched Trade Partners? : A Response to Keller
Coe, David T.; Hoffmaister, Alexander W. - 2021
Keller (1998) reexamines Coe and Helpman`s (1995) analysis of international R&D spillovers focusing on the weights used to define the foreign R&D capital stock. Keller creates random weights and shows that they give rise to positive estimates of international R&D spillovers, casting doubts on...
Persistent link: https://www.econbiz.de/10013317731
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Interconnectedness, Systemic Crises and Recessions
Espinosa-Vega, Marco A. - 2015
This relatively simple model attempts to capture and integrate four widely held views about financial crises. [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of information about the quality of bank portfolios...
Persistent link: https://www.econbiz.de/10013025484
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Infrastructure and Income Distribution in ASEAN-5 : What are the Links?
Seneviratne, Dulani - 2013
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both...
Persistent link: https://www.econbiz.de/10013085619