Showing 1 - 10 of 72
discussion, the paper uses Ecuador to illustrate an application of the probabilistic model, and of the framework to evaluate the …
Persistent link: https://www.econbiz.de/10010327194
This paper uses a modi.ed Harrodian model to understand both the long period of rapid Japanese growth and the recent period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government intervention, we argue, took the Japanese economy...
Persistent link: https://www.econbiz.de/10010287845
Persistent link: https://www.econbiz.de/10010278206
The paper sheds light on the apparent success of dollarization in Ecuador. The experience of Argentina with …
Persistent link: https://www.econbiz.de/10010288102
On many measures, the indigenous movement in Ecuador has been the most successful in Latin America. This is … since 2007 may marginalize them further. This paper examines Ecuador's checkered economic performance in the Washington … programs of the indigenous movement, specifically of CONAIE (Confederación de Nacionalidades Indígenas del Ecuador). This …
Persistent link: https://www.econbiz.de/10010288111
relevant research question to be addressed. We illustrate our arguments with examples for Greece, Italy, and Ecuador. We also …
Persistent link: https://www.econbiz.de/10012142966
In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and error-correction frameworks. Unlike the previous empirical papers in this area, we apply the test for panel cointegration between the primary budget deficit and the public debt...
Persistent link: https://www.econbiz.de/10010294496
Der Beitrag analysiert die inner-europäischen Leistungsbilanzungleichgewichte auf der Grundlage der Theorie der optimalen Währungsräume. Wir zeigen, dass die deutsche Wiedervereinigung nicht nur zur EWS-Krise 1992/93 führte, sondern auch der Ursprung der derzeitigen europäischen...
Persistent link: https://www.econbiz.de/10010305581
Das Papier untersucht auf der Grundlage der monetären Überinvestitionstheorien von Wicksell (1898), Mises (1912) and Hayek (1929, 1935) das Scheitern von geld- und finanzpolitischen Regeln zur Kontrolle von übermäßigem Geldmengenwachstum und ausufernder Staatsverschuldung. Es zeigt...
Persistent link: https://www.econbiz.de/10010305985
In this paper I test two models of strategic debt behavior. The general idea is that if a government anticipates the possibility of defeat in the next election it will try to use the debt strategically in order to influence the policy of its successor. Previous empirical studies have either...
Persistent link: https://www.econbiz.de/10010321712