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Purpose – Considering the sectoral balance approach of Godley, and focusing only on the two main components of the private sector balance for the U.S. economy (household and non-financial corporate balance), we investigate the relationship between these two sectors, the financial variables,...
Persistent link: https://www.econbiz.de/10008788803
In recent years, BRIC countries have demonstrated high rates of economic growth, rapid increases in GDP per capita and … MDBs’ performance in BRIC countries. …
Persistent link: https://www.econbiz.de/10011260277
economy: BRIC. This abbreviation represents the group of four countries: Brazil, Russia, India and China and has generated a … long list of quantitative, as well as qualitative researches. Among these BRIC researches, only few examine both trade in …, the present paper focuses on the BRIC’s increasing role in the world trade in goods and services during 1997-2008, in …
Persistent link: https://www.econbiz.de/10005015586
This paper analyzes how the European Union has responded to Inward Foreign Direct Investment from Emerging Markets, particularly in the so-called Strategic Industries. Attention is focused on two sectors which have long been considered strategic assets by most countries around the world for...
Persistent link: https://www.econbiz.de/10009283795
The paper looks at the transmission channels by which the financial crisis affected the four emerging economies- Brazil, Russia, India and China, the degree and extent of the impact of the crisis, the subsequent policy interventions which enabled recovery and an assessment of how successful...
Persistent link: https://www.econbiz.de/10011108242
inflows from Germany to the countries of BRIC, G8 and some members of EU. By controlling for FDI in BRIC countries we have …’s most promising economies. German investors still prefer exporting rather than investing in BRIC emerging markets. …
Persistent link: https://www.econbiz.de/10005626823
whether the shocks themselves are symmetric or asymmetric. Using quarterly data and SVAR methodology, we conducted two layers …
Persistent link: https://www.econbiz.de/10011258668
-regressions (SVAR) to understand the role of supply and demand shocks as key drivers of inflation. Long-run restrictions according to …
Persistent link: https://www.econbiz.de/10011260411
A structural vector autoregression (VAR) model shows that external shocks are important in driving economic fluctuations in Pakistan and their importance has increased since September 11, 2001. The primary source of external shocks is foreign remittances, while foreign output has a limited...
Persistent link: https://www.econbiz.de/10005079310
analyse the impact of fiscal shocks on the Indian economy using structural vector autoregression (SVAR) methodology. The study … identify the SVAR model. We find that the impulse responses obtained from both identification schemes behave in a similar …
Persistent link: https://www.econbiz.de/10009325591