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Do temporal causality tests provide information on policy dominance?
Katsimbris, George M.; Miller, Stephen M. - In: Journal of Economic Studies 24 (1997) October, pp. 379-391
A number of recent papers have raised serious questions about the validity of the German dominance hypothesis, using Granger (temporal) causality tests. If Germany dominates within the European Monetary System, then German monetary policy, measured by either money stocks or interest rates should...
Persistent link: https://www.econbiz.de/10005003240
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Smuggling and welfare in a Ricardo-Viner economy
Lovely, Mary E.; Nelson, Douglas - In: Journal of Economic Studies 22 (1995) October, pp. 26-45
Analyses smuggling through legal entry points in the context of a Ricardo-Viner (RV) economy. Posits that smuggling …
Persistent link: https://www.econbiz.de/10005003309
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Smuggling and welfare in a Ricardo‐Viner economy
Lovely, Mary E.; Nelson, Douglas - In: Journal of Economic Studies 22 (1995) 6, pp. 26-45
Analyses smuggling through legal entry points in the context of a Ricardo‐Viner (RV) economy. Posits that smuggling …
Persistent link: https://www.econbiz.de/10014863468
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Do temporal causality tests provide information on policy dominance?
Katsimbris, George M.; Miller, Stephen M. - In: Journal of Economic Studies 24 (1997) 6, pp. 379-391
A number of recent papers have raised serious questions about the validity of the German dominance hypothesis, using Granger (temporal) causality tests. If Germany dominates within the European Monetary System, then German monetary policy, measured by either money stocks or interest rates should...
Persistent link: https://www.econbiz.de/10014863513
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Beyond competing theories of the hidden economy: Some lessons from Moscow
Williams, Colin C.; Round, John - In: Journal of Economic Studies 38 (2011) May, pp. 171-185
Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that … formal employment or an alternative to the formal economy. Until now, the common tendency among economic theorists has been … representation of particular types of hidden work in Moscow, no one theory fully captures the diverse nature of the hidden economy in …
Persistent link: https://www.econbiz.de/10010610882
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The Choice of Income Tax Progression
Creedy, John - In: Journal of Economic Studies 17 (1990) 6, pp. 5-13
This article examines income tax progression as a mechanism for achieving the intertemporal adjustments of earnings profiles. With a rising income profile, the preference for progression arises from the market (borrowing) rate of interest exceeding the rate at which the government borrows. For a...
Persistent link: https://www.econbiz.de/10010814559
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Do Self-fulfilling Expectations of Currency Devaluation Improve the Balance of Payments?
Lai, Ching-chong; Chang, Wen-ya - In: Journal of Economic Studies 19 (1992) September, pp. 48-57
found that before a currency devaluation, whether the economy w\ill\ experience a balance-of-payments surplus or deficit …
Persistent link: https://www.econbiz.de/10008459537
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Cheap Food and Resource Allocation in Central America
Reinert, Kenneth A. - In: Journal of Economic Studies 18 (1991) May, pp. 4-21
During the 1950-1979 period, the governments of Central America often pursued “cheap-food” policies. A general-equilibrium model is employed to show how these policies contributed to the resource-allocation patterns observed in the region during this period. The model also shows how...
Persistent link: https://www.econbiz.de/10008459544
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A Monetary Model of the Parallel Market for Foreign Exchange
Agénor, Pierre-Richard - In: Journal of Economic Studies 18 (1991) September, pp. 4-18
Develops and tests a monetary model of the parallel market for foreign exchange which incorporates forward-looking expectations and currency substitution features. Econometric results using quarterly data for a group of 12 developing countries show that changes in official exchange rates and...
Persistent link: https://www.econbiz.de/10008459561
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An Economic Analysis of a Cross-market Subsidy Scheme for Morocco's Food Grain Sector
Azzam, Azzeddine M.; Britel, Amal - In: Journal of Economic Studies 19 (1992) October, pp. 55-72
To contribute to the economic understanding of alternative food-grain policy options for Morocco, examines the fiscal implications of instituting, in addition to the current soft wheat subsidy, a consumer and producer subsidy in the related markets of hard wheat and barley. Subsidizing the two...
Persistent link: https://www.econbiz.de/10008459563