Showing 1 - 10 of 324
The paper models international spillovers from a hypothetical drop of China's imports as a result of China … shock, which are largely unaccounted for in the existing literature. Such effects include direct spillovers from China on … its trading partners, subsequent spillins among them, and spillbacks on China itself. The paper finds that the network …
Persistent link: https://www.econbiz.de/10011445357
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households …, suggesting that urban inflation up to 2005 in China was “pro-poor,” in the sense that the increase in the cost of living for …
Persistent link: https://www.econbiz.de/10012667425
This paper examines the relationship between macroeconomic stabilization and market-oriented reform in planned economies. It emphasizes that market-oriented reform should enhance the likelihood that adjustment to exogenous disturbances will involve genuine adjustment in the sense of actually...
Persistent link: https://www.econbiz.de/10014396471
The paper provides an empirical investigation of labor market pooling. The analysis concentrates on Italian industrial districts and shows that there is scattered evidence of a widespread wage premium. In particular, there is no evidence of district differentials for the returns to seniority...
Persistent link: https://www.econbiz.de/10014399936
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
. This flight from quality was triggered by a fall in aggregate demand, was more acute when households could substitute …
Persistent link: https://www.econbiz.de/10011434921
Persistent link: https://www.econbiz.de/10011282716
This paper takes a fresh look at the determinants of reserves holding with the aim of highlighting similarities and differences in the motives for holding reserves among emerging markets (EMs), advanced economies (AEs), and low-income countries (LICs). We apply two panel estimation techniques:...
Persistent link: https://www.econbiz.de/10011932575
particular the price of oil, are shown to be demand driven. The model performs well at one- and four-quarter horizons compared to …
Persistent link: https://www.econbiz.de/10011447138
Persistent link: https://www.econbiz.de/10010388634