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Conflict inflation: an open economy approach
Vera, Leonardo - In: Journal of Economic Studies 37 (2010) September, pp. 597-615
determines the trade-off between a stable distribution of income and the external balance is first derived. As a second step the … balance. Findings – The study first shows, in the context of an small open economy, relevant trade-offs among three crucial …
Persistent link: https://www.econbiz.de/10010610878
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The J- and S-curves: a survey of the recent literature
Bahmani-Oskooee, Mohsen; Hegerty, Scott W. - In: Journal of Economic Studies 37 (2010) September, pp. 580-596
– The J- and S-curves show whether currency depreciation worsens the trade balance first before improving it. Since the … effective in improving the trade balance. Originality/value – This is a literature review paper and its originality is in terms …
Persistent link: https://www.econbiz.de/10009143642
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The J‐ and S‐curves: a survey of the recent literature
Bahmani‐Oskooee, Mohsen; Hegerty, Scott W. - In: Journal of Economic Studies 37 (2010) 6, pp. 580-596
– The J‐ and S‐curves show whether currency depreciation worsens the trade balance first before improving it. Since the … effective in improving the trade balance. Originality/value – This is a literature review paper and its originality is in terms …
Persistent link: https://www.econbiz.de/10014863261
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Distributional Conflict, the Current Account, and Fiscal-monetary Policies under Flexible Exchange Rates
Sarantis, Nicholas - In: Journal of Economic Studies 18 (1991) January, pp. 4-17
The aim is to integrate the dynamics of asset accumulation for open economies with the conflict theory of wage and price formation. This synthesis allows us to assess the results obtained in the mainstream asset market models based on an atomistic view of the economy, analyse the influence of...
Persistent link: https://www.econbiz.de/10008459577
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Openness, Imperfect Competition and the NAIRU
Harrigan, Frank; McGregor, Peter G.; Swales, Kim; Yin, … - In: Journal of Economic Studies 20 (1993) January, pp. 52-72
Considers the treatment of openness and imperfect competition in the influential analysis of Layard, Nickell and Jackman's (LNJ's) Unemployment: Macroeconomic Performance and the Labour Market. Clarifies and completes LNJ's treatment of openness through the provision of explicit analytical...
Persistent link: https://www.econbiz.de/10004987098
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Distributional Conflict, the Current Account, and Fiscal‐monetary Policies under Flexible Exchange Rates
Sarantis, Nicholas - In: Journal of Economic Studies 18 (1991) 1
The aim is to integrate the dynamics of asset accumulation for open economies with the conflict theory of wage and price formation. This synthesis allows us to assess the results obtained in the mainstream asset market models based on an atomistic view of the economy, analyse the influence of...
Persistent link: https://www.econbiz.de/10014863394
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Stabilisation Targets and Instruments in Developing Countries
Clunies Ross, Anthony - In: Journal of Economic Studies 15 (1988) 2, pp. 4-74
The assignment of targets to instruments in developing countries cannot satisfactorily follow any simple universal rule. Which approach is appropriate is influenced by whether the economy is dominated by primary exports, by the importance of the domestic bond market and bank credit, by the...
Persistent link: https://www.econbiz.de/10014863760
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Openness, Imperfect Competition and the NAIRU
Harrigan, Frank; McGregor, Peter G.; Swales, Kim; Ping … - In: Journal of Economic Studies 20 (1993) 1/2
Considers the treatment of openness and imperfect competition in the influential analysis of Layard, Nickell and Jackman′s (LNJ′s) Unemployment: Macroeconomic Performance and the Labour Market . Clarifies and completes LNJ′s treatment of openness through the provision of explicit...
Persistent link: https://www.econbiz.de/10014863866
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Dynamics of fiscal and current account deficits in Thailand: an empirical investigation
Baharumshah, Ahmad Zubaidi; Lau, Evan - In: Journal of Economic Studies 34 (2007) November, pp. 454-475
Purpose – The purpose of this paper is to contribute further on the twin deficits debate in a developing economy. Design/methodology/approach – The data for Thailand over three decades are used as a case study. Findings – The major findings are: first, a stable, long-run equilibrium...
Persistent link: https://www.econbiz.de/10005081191
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The effects of exchange rate variability on Malaysia's disaggregated electrical exports
Wong, Koi Nyen; Tang, Tuck Cheong - In: Journal of Economic Studies 35 (2008) May, pp. 154-169
electrical exports as classified by Standard International Trade Classification (SITC) product groups. Design … stationary, I(0)) on trade behaviour such as export demand behaviour. Practical implications – This paper is important to … policymakers for the design of both exchange rate and trade policies in order to promote export growth, which could lead to …
Persistent link: https://www.econbiz.de/10005081198