Showing 1 - 10 of 63
Persistent link: https://www.econbiz.de/10008230203
This paper calculates Theil's entropy index to measure the extent of productivity differences across 92 countries for the period from 1970 to 2003. While there is evidence of increasing differences in productivity across these countries, we observe different patterns when we group the countries...
Persistent link: https://www.econbiz.de/10004967053
This study examines the evolution of the United States (U.S.) economy after 1999, extending our previous studies [4, 8] up to 2007. The U.S. economy has moved steadily toward services and information-intensive sectors in terms of Gross National Product (GNP), employment, and wage distribution....
Persistent link: https://www.econbiz.de/10010925745
This article derives generalized impulse responses from the estimation of a vector autoregression (VAR) model using monthly data between 1995 and 2005 for Mexico, to examine the inflation-relative price variability (RPV) relationship, and to investigate if remittances could account for the...
Persistent link: https://www.econbiz.de/10009277991
Persistent link: https://www.econbiz.de/10007871143
Following their EU accession, the new member countries from Central and Eastern Europe (CEE) must achieve sustainable price stability as one of the pre-conditions for joining the Economic and Monetary Union (EMU) and adopting the euro. This paper examines the distribution dynamics of inflation...
Persistent link: https://www.econbiz.de/10010697227
Using model selection techniques based on out-of-sample predictive ability criterion in a Vector Autoregression (VAR) framework, this paper empirically examines the causal relations among growth, trade, and wage inequality in Bangladesh between 1971 and 2000. There is some evidence of...
Persistent link: https://www.econbiz.de/10005505234
Following their EU accession, the new member countries from Central and Eastern Europe (CEE) must achieve sustainable price stability as one of the pre-conditions for joining the Economic and Monetary Union (EMU) and adopting the euro. This article examines the distribution dynamics of inflation...
Persistent link: https://www.econbiz.de/10010681328
This paper estimates a dynamic common factor model to assess relative importance of the aggregate and the sector-specific factors that determine changes in the prices of individual products. It also examines how aggregate price changes are affected by these factors. Two different specifications...
Persistent link: https://www.econbiz.de/10005470799
This article presents an overview of retail trade in India in the wake of the country’s new policy that will allow foreign capital in multi-band retailing. It discusses various potential benefits and costs of foreign direct investment (FDI) in the retail sector, particularly in terms of its...
Persistent link: https://www.econbiz.de/10010905928