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The emergence of multinational enterprises : simulation results

Kleinert, Jörn - 1998

Persistent link: https://www.econbiz.de/10004222477

Twin deficits: new evidence from a developing (oil vs. non-oil) countries’ perspective

Eldemerdash, Hany; Metcalf, Hugh; Maioli, Sara - In: Empirical Economics 47 (2014) 3, pp. 825-851

We test the relationship between the current account and fiscal policy for a group of small open developing economies with fixed exchange rates some of which are oil exporters. Specifically, we test the viewpoint of a Ricardian infinite-horizon representative agent model in which lower public...

Persistent link: https://www.econbiz.de/10010994453

A Tradeoff between the Output and Current Account Effects of Pension Reform

Catalan, Mario; Magud, Nicolas E. - International Monetary Fund (IMF) - 2012

We compare the long-term output and current account effects of pension reforms that increase the retirement age with those of reforms that cut pension benefits, conditional on reforms achieving similar fiscal targets. We show the presence of a policy trade-off. Pension reforms that increase the...

Persistent link: https://www.econbiz.de/10010790246

Zum Zusammenhang zwischen Budgetdefiziten und Leistungsbilanzdefiziten : eine theoretische Analyse

Doch, Klaus - 1990

Persistent link: https://www.econbiz.de/10004101103

MODELLING THE WORLD EXCHANGE RATES:DYNAMICS, VOLATILITY AND FORECASTING

Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2008

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

Rebalancing in the Euro Area and Cyclicality of Current Account Adjustments

Tressel, Thierry; Wang, Shengzu - International Monetary Fund (IMF) - 2014

dependent on external demand from the rest of world. Current account adjustments have taken place, reflecting structural changes …

Persistent link: https://www.econbiz.de/10010959477

France; Selected Issues Paper

International Monetary Fund (IMF); International … - 2013

This Selected Issues paper examines external developments and competitiveness in France. Over the past decade, the current account has deteriorated from a surplus of 1.2 percent of GDP in 2002 to a deficit of about 2.3 percent in 2012, as France lost ground in goods trade and services recorded...

Persistent link: https://www.econbiz.de/10011244236