Similar Search Results

Imperfect Competition and the Design of VAT Regimes : The Case of Energy Trade Between Russia and Ukraine

Shiells, Clinton Russell - 2002

Under imperfect competition, Russia and Ukraine may choose to deviate from optimal tax considerations which suggest use … through an origin-based VAT on intra-CIS energy trade. The paper shows that Ukraine may try to capture part of the tax revenue … if it has monopsony power. It is far from clear whether Ukraine would succeed in shifting the rents through taxation …

Persistent link: https://www.econbiz.de/10014399718

Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine

Gürgen, Emine - 1997

This paper discusses payments arrears in the Russian Federation and Ukraine, with emphasis on the gas and electric …

Persistent link: https://www.econbiz.de/10014403291

Haircuts : Estimating Investor Losses in Sovereign Debt Restructurings, 1998-2005

Zettelmeyer, Jeromin - 2005

This paper estimates bond-by-bond ""haircuts""-realized investor losses-in recent debt restructurings in Russia …, Ukraine, Pakistan, Ecuador, Argentina, and Uruguay. We consider both external and domestic retructurings. Haircuts are …

Persistent link: https://www.econbiz.de/10014399674

Financial Crisis, Economic Recovery and Banking Development in Russia, Ukraine, and Other FSU Countries

Marin, Dalia - 2004

afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence …

Persistent link: https://www.econbiz.de/10014404142

NAFTA to USMCA : what is gained?

Burfisher, Mary E.; Lambert, Frederic; Matheson, Troy - 2019

The United States - Mexico - Canada Agreement (USMCA) was signed on November 30, 2018 and aims to replace and modernize the North-American Free Trade Agreement (NAFTA). This paper uses a global, multisector, computable-general-equilibrium model to provide an analytical assessment of five key...

Persistent link: https://www.econbiz.de/10012009997

Do Forecasters Believe in Okun’s Law? : An Assessment of Unemployment and Output Forecasts

Ball, Laurence M. - 2014

This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent with Okun’s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun coefficient—the responsiveness of unemployment to growth—from...

Persistent link: https://www.econbiz.de/10014394299

Does Financial Connectedness Predict Crises?

Minoiu, Camelia - 2013

The global financial crisis has reignited interest in models of crisis prediction. It has also raised the question whether financial connectedness - a possible source of systemic risk - can serve as an early warning indicator of crises. In this paper we examine the ability of connectedness in...

Persistent link: https://www.econbiz.de/10014394377

Information Rigidities in Economic Growth Forecasts : Evidence from a Large International Panel

Dovern, Jonas - 2013

We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989–2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and Reis,...

Persistent link: https://www.econbiz.de/10014395369

Information Rigidity and the Expectations Formation Process : A Simple Framework and New Facts

Coibion, Olivier - 2012

We propose a new approach to test the full-information rational expectations hypothesis which can identify whether rejections of the arise from information rigidities. This approach quantifies the economic significance of departures from the and the underlying degree of information rigidity....

Persistent link: https://www.econbiz.de/10014395480

A Simple Forecasting Accuracy Criterion Under Rational Expectations : Evidence From the World Economic Outlook and Time Series Models

Barrionuevo, José M. - 1992

A simple criterion based on the properties of the forecast error is presented to evaluate the accuracy of forecasts. The efficiency conditions of an optimization problem are used to show that under rational expectations the standard statistical conditions are necessary, but not sufficient to...

Persistent link: https://www.econbiz.de/10014396084