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This paper measures the welfare cost to consumers of the bloc of Central and Eastern European Countries (CEEC), plus Malta and Cyprus, of choosing a de- preciated conversion rate when joining the European Monetary Union. For this, I present and solve an appropriately calibrated small open...
Persistent link: https://www.econbiz.de/10005790003
prices change, causing a portfolio rebalancing effect which results in a fall in the share of world assets owned by the US. I …
Persistent link: https://www.econbiz.de/10005260133
This is the 2007 Edition of the only book in print in the world about the Single Global Currency, and is the only book … in the world priced in 143 currencies (down from 147 in the 2006 edition.).This number is significant, as it's the number … describes the origins of the current worldwide foreign exchange system, and tells how to change it; and save the world …
Persistent link: https://www.econbiz.de/10005621973
This is the only book in print in the world about the single global currency, and is the only book in the world priced …; and save the world - trillions. The multicurrency foreign exchange trading system was developed about 2,500 years ago to … currency. In a 3-G world with a single global currency managed by a global central bank within a global monetary union …
Persistent link: https://www.econbiz.de/10005787163
Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and … is the only book in the world priced in 141 currencies (down from 147 in the 2006 edition.).This number is significant … the world - trillions. The multicurrency foreign exchange trading system was developed about 2,500 years ago to enable …
Persistent link: https://www.econbiz.de/10005835646
Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early … foreign exchange markets. However, the world has known several exchange rate systems beginning with the fixed-gold standard … exchange was deregulated, independent traders finally had access to the biggest trading market of the world; and these forex …
Persistent link: https://www.econbiz.de/10005619306
The paper investigates the welfare aspects of the European Union's restrictions on labour immigration, especially the restrictions on the free movement of medium- and low-skilled labour from outside the EU. The welfare implications of restrictive labour immigration are found to be considerable,...
Persistent link: https://www.econbiz.de/10012977681
This article analyses business strategies in the automobile sector to determine the key factors behind production relocation processes in automobile components suppliers. These factors help explain changes in production geography in the sector not only in terms of location advantages but also...
Persistent link: https://www.econbiz.de/10014159354
The main purpose of the paper is to analyze GDP PPP per capita growth rates across countries in the period 1980-2008, as well as to identify top and bottom country performers. In addition, the author verifies the statistical relationship between GDP PPP per capita and some arbitrary selected...
Persistent link: https://www.econbiz.de/10014147300
, we apply: descriptive statistics analysis, Kernel Epanechnikov density (to check for world distribution of social welfare … Affairs, Population Division; United Nations Educational, Scientific and Cultural Organization; World Health Organization …
Persistent link: https://www.econbiz.de/10014147310