Showing 1 - 10 of 193
We test the extent to which growth in the 11 CIS countries (excluding Russia) was associated with developments in … Russia, overall, as well as through the trade, financial and remittance channels over the last decade or so. The results … point to the continued existence of economic links between the CIS countries and Russia, though these links may have altered …
Persistent link: https://www.econbiz.de/10012677520
This paper examines the mechanisms through which output volatility is related to trade openness using an industry-level panel dataset of manufacturing production and trade. The main results are threefold. First, sectors more open to international trade are more volatile. Second, trade is...
Persistent link: https://www.econbiz.de/10012677612
We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining theory-consistent and narrative sign restrictions in Bayesian SVARs. We find mostly adverse consequences of protectionism, in aggregate and across sectors and regions. Tariff...
Persistent link: https://www.econbiz.de/10015058747
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960?2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic,...
Persistent link: https://www.econbiz.de/10009706767
The countries of Eastern Europe achieved two remarkable transitions in the short period of the last two decades: from plan to market and, then, in the run-up to and entry into the European Union, they rode a wave of global trade and financial market integration. Focusing on the second...
Persistent link: https://www.econbiz.de/10012677731
Intro -- Contents -- I. INTRODUCTION -- II. EMPIRICAL METHODOLOGY AND SAMPLE -- III. GROWTH AND FISCAL ADJUSTMENT IN TRANSITION COUNTRIES: SOME STYLIZED FACTS -- IV. ECONOMETRIC MODEL RESULTS -- V. QUALITATIVE ANALYSIS OF COUNTRY EXPERIENCES -- VI. CONCLUSIONS -- References.
Persistent link: https://www.econbiz.de/10012691096
Intro -- Contents -- I. INTRODUCTION -- II. EXPLAINING DIFFERENCES IN INCOME -- III. EMPIRICAL ANALYSIS -- IV. RESULTS -- V. IMPLICATIONS AND DISCUSSION -- VI. CAVEATS -- VII. CONCLUSIONS -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691120
Uzbekistan has significantly improved its monetary policy framework during 2017-21. Nevertheless, the transition to inflation targeting is challenging as the country is going through a period of deep structural reforms. Therefore, the Central Bank of Uzbekistan (CBU) will have to monitor...
Persistent link: https://www.econbiz.de/10015059963
Pension reform is a key policy challenge in Russia. This paper examines how pension spending could increase in Russia …
Persistent link: https://www.econbiz.de/10009621667
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic … paper fills this gap by simulating their macroeconomic effects in a DSGE model calibrated to Russia's economy-the first of …
Persistent link: https://www.econbiz.de/10012677651