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role of supply-side bottlenecks in shaping India’s export demand relationship. We use disaggregated export volume data for … estimation. Our results indicate that Indian exports are sensitive to international relative-price competitiveness, world demand …
Persistent link: https://www.econbiz.de/10011447122
estimated to increase their electricity demand by 6.7% on average …Past studies on the relationship between electricity consumption and temperature have primarily focused on individual …, overcoming the data constraint by using grid-level night light and temperature data. Mostly generated by electricity and recorded …
Persistent link: https://www.econbiz.de/10012517931
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households …
Persistent link: https://www.econbiz.de/10012667425
This paper develops a model of political regulation in which politicians set the regulated price in order to maximize electoral support by signaling to voters a pro-consumer behavior. Political incentives and welfare constraints interact in the model, yielding an equilibrium in which the real...
Persistent link: https://www.econbiz.de/10014400268
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We develop a two-sector two-good new-Keynesian model to study the optimal choice of price index in markets with financial frictions. We find that,...
Persistent link: https://www.econbiz.de/10014397170
. Unfortunately, the evidence shows that tourism arrivals to the ECCU have been declining slightly while global demand for tourism is …
Persistent link: https://www.econbiz.de/10012102139
sustain larger shifts in relative demand for goods. The expenditure-switching effect is magnified, implying a larger change in …
Persistent link: https://www.econbiz.de/10014404144
This paper discusses the evolution of the household debt in Australia and finds that while higher-income and higher … depending on the level of household debt. The results corroborate other work that households' response to monetary policy shocks …
Persistent link: https://www.econbiz.de/10012019787
Persistent link: https://www.econbiz.de/10011282716
leverage in both household and corporate sectors. However, macroprudential measures have contained the debt service burden … estimations of aggregate consumption and corporate investment show that private domestic demand is likely to remain robust with …
Persistent link: https://www.econbiz.de/10011434717