Showing 1 - 10 of 1,868
This paper examines the effects of the U.S. shale oil boom in a two-country DSGE model where countries produce crude oil, refined oil products, and a non-oil good. The model incorporates different types of crude oil that are imperfect substitutes for each other as inputs into the refining...
Persistent link: https://www.econbiz.de/10012947648
This book presents case studies of South Asian companies that have strategic business implications, highlighting the complex interplay of business and social dynamics in South Asia. This region is a wide agglomeration of very different countries that share somewhat common cultures and issues and...
Persistent link: https://www.econbiz.de/10012396478
Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...
Persistent link: https://www.econbiz.de/10012819094
In this paper we analyze whether common currency' countries that is, dollarized and independent currency union countries have outperformed countries that have a currency of their own. The paper is empirical and estimates jointly the probability of being a common currency country and outcome'...
Persistent link: https://www.econbiz.de/10013221081
between the five large countries in the region: India, Pakistan, Bangladesh, Sri Lanka and Nepal. It shows why, despite … Economy I: India, Pakistan and Bangladesh -- Chapter 4. The State and the Economy II: Sri Lanka and Nepal -- Chapter 5. Growth … -- Chapter 9. Trade and Industry II: Pakistan, Bangladesh, Sri Lanka and Nepal -- Chapter 10. Business -- Chapter 11. Migration …
Persistent link: https://www.econbiz.de/10012397274
This paper provides a new heterogeneous firm model for trade where firms differ in their productivity and experience different market demand shocks. The model incorporates variations in trade policy, trade preferences, and the rules of origin needed to obtain them, to reflect real world...
Persistent link: https://www.econbiz.de/10012767215
Bangladesh, randomly varying saturation of offers across 133 villages. The transport subsidies increase beneficiaries' income due …
Persistent link: https://www.econbiz.de/10012945613
This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using a difference-in-differences identification strategy, we find that industries more exposed to reductions in import tariff uncertainty exhibit relative declines in investment...
Persistent link: https://www.econbiz.de/10012941175
In thinking about policy, academic economists alternate between theoretical models in which governments can design finely-tuned optimal interventions and practical considerations which usually assume the government to be incompetent and hostage to special interests. I argue in this paper that...
Persistent link: https://www.econbiz.de/10013222055
The last two decades have witnessed a shift in the focus of international trade research from trade policy to other forms of trade frictions (e.g., transportation, information and communication costs). Implicit in this development is the widespread view that trade policy no longer matters. We...
Persistent link: https://www.econbiz.de/10012999464