Similar Search Results

The Price Impact of Joining a Currency Union : Evidence from Latvia

Cavallo, Alberto - 2014

consumption goods. We consider the case of Latvia, which recently dropped its pegged exchange rate and joined the euro zone. We … between Latvia and euro zone countries collapsed swiftly following entry to the euro. The percentage of goods with nearly … identical prices in Latvia and Germany increased from 6 percent to 89 percent. The median size of price differentials declined …

Persistent link: https://www.econbiz.de/10012458441

The Transition Economies After Ten Years

Fischer, Stanley - 2000

While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The contrast between the more and less successful transitions, the latter largely in the former Soviet Union, raises many...

Persistent link: https://www.econbiz.de/10012471103

The International Economics of Transitional Growth : The Case of the United States

Kotlikoff, Laurence J. - 1981

This paper develops a general equilibrium two country, two commodity dynamic simulation model of international trade in commodities and financial claims. The model generalizes the Heckscher-Ohlin static theory of trade by incorporating costs of quickly adjusting levels of capital stocks in...

Persistent link: https://www.econbiz.de/10012478342

Transition from Inflation to Price Stability

Garber, Peter M. - 1981

This paper provides a detailed discussion of the real phenomena that materialized in the stabilization period which followed the German hyper-inflation. Significant real dislocations arose after the monetary reform; and these can be attributed to a government policy which subsidized heavy...

Persistent link: https://www.econbiz.de/10012478387

Economic Aspects of the Energy Transition

Heal, Geoffrey - 2020

I make three points relating to the transition from fossil fuels to non-carbon energy. One is that the economic cost of moving from fossil fuels to renewable energy in electricity generation is very low, and probably lower than many estimates of the economic benefits from this change. The second...

Persistent link: https://www.econbiz.de/10012481069

Social Structure and Development : A Legacy of the Holocaust in Russia

Acemoglu, Daron - 2010

We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...

Persistent link: https://www.econbiz.de/10012462572

Five Centuries of Latin American Inequality

Williamson, Jeffrey G. - 2009

Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...

Persistent link: https://www.econbiz.de/10012463345

Adjustment of State Owned and Foreign-Funded Enterprises in China to Economic Reforms,1980s-2007 : a logistic smooth transition regression (LSTR) approach

Aizenman, Joshua - 2009

This paper applies a logistic smooth transition regression approach to the estimation of a homogenous aggregate value added production function of the State Owned (SOE) and Foreign-Funded Enterprises (FFE) in China, 1980s-2007. The transition associated with the economic reforms in China is...

Persistent link: https://www.econbiz.de/10012463377

The Finnish Great Depression : From Russia with Love

Gorodnichenko, Yuriy - 2009

During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the 1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union, because it induced a costly restructuring of the...

Persistent link: https://www.econbiz.de/10012463774

History without Evidence : Latin American Inequality since 1491

Williamson, Jeffrey G. - 2009

Persistent link: https://www.econbiz.de/10012463881