Showing 1 - 10 of 16
The ‘wages breakout’ has been a recurring theme in the Australian public policy debate in recent years. Political conservatives, media commentators and some business groups have warned that Australian wages growth is unsustainable, or threatens to become unsustainable. This paper critically...
Persistent link: https://www.econbiz.de/10011257869
The study examines the empirical evidence and options for decoupling Asia from the US and EU markets. First, it …
Persistent link: https://www.econbiz.de/10011259654
proponents of the decoupling hypothesis argue that emerging markets have made significant progress in reducing external … globalization, namely rising trade and financial integration, raises business cycle synchronisation. We find that decoupling is a …
Persistent link: https://www.econbiz.de/10008615613
The decoupling hypothesis is the idea that business cycles in emerging market economies have become more independent … from business cycles in advanced economies in recent years. Decoupling essentially amounts to a structural break in the … approaches point to the same conclusion: there has been no decoupling in recent years. In fact, the degree of business cycle …
Persistent link: https://www.econbiz.de/10008619185
of emerging market economies were “decoupling” from the industrialized economies in the North gained considerable … emerging markets (and the BRIC countries in particular) to demonstrate that decoupling is a myth rather than reality. …
Persistent link: https://www.econbiz.de/10011108190
The image is undisputed in the political debate that the function of the financial sector is to "play servant" to the real economy, but the consequences derived from this debate are controversial. Clearer is the academic concept to restrict the functions of the financial sector deliberately. But...
Persistent link: https://www.econbiz.de/10008599116
US, the shock was not significant. Resultantly, these regions exhibited a decoupling phenomenon during the subprime … in the regions. Therefore, business cycles decoupling and convergence phenomena in the regions depend not only on the …
Persistent link: https://www.econbiz.de/10008533255
In this paper we examine the importance of institutional arrangements and factors related to the economic structure to explain inflation outcomes in Latin America. We perform a dynamic panel data analysis with an ample set of variables that allowed us to consider the temporal dimension of the...
Persistent link: https://www.econbiz.de/10005836535
This paper aims to highlight the trade imbalance between United States and China based on the analysis of core factors contributing the imbalance. These factors are comprise of trade inequality, exchange rate issue, difference in basic economic structure of both the countries, and methodology of...
Persistent link: https://www.econbiz.de/10011260899
Vietnam started a process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis. This paper reviews insights emerging from a detailed social accounting...
Persistent link: https://www.econbiz.de/10008927071