Showing 1 - 10 of 158
In short, yes. I use a multi-region integrated assessment model with fuel-specific endogenous technical change to examine the impact of Europe and China reducing emissions to zero by mid-century. Without international technological diffusion this is insufficient to avoid catastrophic climate...
Persistent link: https://www.econbiz.de/10012610702
Climate financing and compensation have emerged as key themes in the international climate mitigation debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere's absorptive capacity, thus causing global warming and blocking a...
Persistent link: https://www.econbiz.de/10012795135
Persistent link: https://www.econbiz.de/10010389478
Philippines and Thailand), there were considerable differences both in terms of instantaneous impact of the crisis and in terms of … Philippines was larger and was sustained longer. Third, idiosyncratic factors pushed output up in Indonesia and down in Thailand … impact on more open economies (Malaysia and Thailand). Second, countercyclical fiscal stimulus in Indonesia and the …
Persistent link: https://www.econbiz.de/10012667433
This paper estimates empirically the changing degree of capital mobility in several Pacific Basin countries that have pursued financial liberalization in recent years. Tracing the impact of the liberalization process on the capital account, the paper also examines the implications for monetary...
Persistent link: https://www.econbiz.de/10014398038
indices of the Philippines and Thailand. Utilizing standard time-series techniques, this study confirms that there is evidence … Thai crisis to the Philippines …
Persistent link: https://www.econbiz.de/10014399918
Following the 1997-98 financial turmoil, crisis countries in Asia moved toward either floating or fixed exchange rate systems, reinforcing the bipolar view of exchange rate regimes and the ""hollow middle"" hypothesis. But some academics have claimed that the crisis countries'' policies have...
Persistent link: https://www.econbiz.de/10014399947
This paper tests for evidence of contagion between the financial markets of Thailand, Malaysia, Indonesia, Korea, and … the Philippines. Cross-country correlations among currencies and sovereign spreads are found to increase significantly …
Persistent link: https://www.econbiz.de/10014400559
This paper evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries. The findings are compared with previous currency crises in recent history. The paper finds no evidence of overly tight monetary policy in the Asian crisis countries in 1997 and early...
Persistent link: https://www.econbiz.de/10014401509
, Philippines, and Thailand) were significantly influenced by the U.S. dollar''s day-to-day movements before the crisis, and have …
Persistent link: https://www.econbiz.de/10014403621