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Revisiting the link between trade, growth and inequality : lessons for Latin America and the Caribbean
Beaton, Kimberly; Cebotari, Aliona; Komaromi, Andras - 2017
We revisit the relationship between international trade, economic growth and inequality with a focus on Latin America and the Caribbean. The paper combines two approaches: First, we employ a cross-country panel framework to analyze the macroeconomic effects of international trade on economic...
Persistent link: https://www.econbiz.de/10011716658
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Trade Liberalization, Macroeconomic Adjustment, and Welfare : Unifying Trade and Macro Models
Choudhri, Ehsan U. - 2006
Trade liberalization leads to long-run gains, but it can also involve costly short-run macroeconomic adjustment. The paper explores the relative importance of these effects within a dynamic general equilibrium model that captures key elements of both international trade and macroeconomic models....
Persistent link: https://www.econbiz.de/10014400147
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Political Economy Aspects of Trade and Financial Liberalization : Implications for Sequencing
Bhattacharya, Rina - 1999
This paper integrates a two-period overlapping generations model with a standard two-sector Hecksher-Ohlin trade model and analyzes the impact of uncertainty on domestic investment in the exportable and importable sectors, the political economy linkages between trade and financial...
Persistent link: https://www.econbiz.de/10014400162
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Once Again, is Openness Good for Growth?
International Monetary Fund - 2004
Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity...
Persistent link: https://www.econbiz.de/10014401435
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From containment to rationalization : increasing public expenditure efficiency in France
Hallaert, Jean-Jacques; Queyranne, Maximilien - 2016
Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas …
Persistent link: https://www.econbiz.de/10011436803
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Macroeconomic gains from reforming the agri-food sector : the case of France
Batini, Nicoletta - 2019
France is the top agricultural producer in the European Union (EU), and agriculture plays a prominent role in the …
Persistent link: https://www.econbiz.de/10012009390
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Fiscal expectations under the Stability and Growth Pact : evidence from survey data
Poplawski-Ribeiro, Marcos; Ruelke, Jan-Christoph - 2011
Persistent link: https://www.econbiz.de/10009487131
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Fiscal Expectations Under the Stability and Growth Pact : Evidence From Survey Data
Poplawski-Ribeiro, Marcos - 2011
France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings … indicate that accuracy of financial expert deficit forecasts increased in France. Convergence between the European Commission …'s and market experts’ deficit forecasts also increased in France, Italy, and the United Kingdom, particularly during the …
Persistent link: https://www.econbiz.de/10014412192
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The aggregate and distributional effects of financial globalization : evidence from macro and sectoral data
Furceri, Davide; Loungani, Prakash; Ostry, Jonathan David - 2018
-financial globalization. Both country- and industry-level results suggest that such policies have led on average to limited output gains while …
Persistent link: https://www.econbiz.de/10011848250
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The Impact of the Global Crisison Canada : What Do Macro-Financial Linkages Tell Us?
Duttagupta, Rupa - 2010
This paper builds a Bayesian VAR estimation model of growth for Canada, by focusing specifically on the role of …
Persistent link: https://www.econbiz.de/10014402887