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How Economic, Political and Institutional Factors Influence the Choice of Exchange Rate Regimes? New Evidence from Selected Countries of the MENA Region
Maraoui, Nejia; Amor, Thouraya; Khefacha, Islem; Rault, … - 2022
In this paper, we investigate how economic, political and institutional factors affect the choice of exchange rate regimes, using data on eight MENA (Middle East and North Africa) countries over the 1984-2016 period. Specifically, we run random-effects ordered probit regressions of the...
Persistent link: https://www.econbiz.de/10014083736
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The Pass-Through of Exchange Rate in the Context of the European Sovereign Debt Crisis
Ben Cheikh, Nidhaleddine - 2015
This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...
Persistent link: https://www.econbiz.de/10013012797
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Passthrough of Firm Performance to Income and Employment Stability
Maibom, Jonas; Vejlin, Rune - 2021
To what extent do firms pass through idiosyncratic shocks to their workers? In this paper, we investigate this question focusing on passthrough to income for workers that stay in the firm and passthrough to employment stability. We take an empirical approach and use matched employer-employee...
Persistent link: https://www.econbiz.de/10013244272
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Trade Liberalization and the Gender Employment Gap in China
Wang, Feicheng - 2020
in China. Combining data from population and firm censuses between 1990 and 2005, we relate prefecture-level employment …
Persistent link: https://www.econbiz.de/10012824431
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How Do Households Adjust to Trade Liberalization? Evidence from China's WTO Accession
Dai, Mi - 2018
We investigate the impacts of trade liberalization on household behaviors and outcomes in urban China, exploiting …
Persistent link: https://www.econbiz.de/10012922459
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China's 'Great Migration' : The Impact of the Reduction in Trade Policy Uncertainty
Facchini, Giovanni - 2018
We analyze the effect of China's integration into the world economy on workers in the country and show that one …
Persistent link: https://www.econbiz.de/10012929088
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Trade Liberalization and Child Labor in China
Zhao, Liqiu - 2016
This paper exploits a quasi-natural experiment – the U.S. granting of Permanent Normal Trade Relations (PNTR) to China … after China's accession to the World Trade Organization – to examine whether trade liberalization affects the incidence of … child labor in China. PNTR permanently set U.S. duties on Chinese imports at low Normal Trade Relations (NTR) levels and …
Persistent link: https://www.econbiz.de/10012980303
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The Role of the Exchange Rate Regime in the Process of Real and Nominal Convergence
D'Adamo, Gaetano - 2013
During the last decade, economists have intensively searched for evidence on the importance of the Balassa-Samuelson (B-S) hypothesis in explaining nominal convergence. One general result is that B-S can at best explain only part of the excess inflation observed in the European catching-up...
Persistent link: https://www.econbiz.de/10013074886
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The Real Exchange Rate and Growth in Zimbabwe : Does the Currency Regime Matter?
Brixiova, Zuzana - 2014
Zimbabwe faces growth and external competitiveness challenges, as indicated by its low trend growth and investment, declining share in the world exports, high current account deficits, and external debt. The stock-flow approach to the equilibrium exchange rate reveals that the real exchange rate...
Persistent link: https://www.econbiz.de/10013047877
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Purchasing Power Parity for Developing and Developed Countries : What can we Learn from Non-Stationary Panel Data Models?
Drine, Imed; Rault, Christophe - 2021
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...
Persistent link: https://www.econbiz.de/10013316947