Showing 1 - 10 of 59,106
, the Euro Area and Japan. Falsifying a common suspicion, it is shown that the proportion of LA countries’ domestic output …
Persistent link: https://www.econbiz.de/10005405099
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10010592915
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10010595388
, the Euro Area and Japan. Falsifying a common suspicion, it is shown that the proportion of LA countries' domestic output …
Persistent link: https://www.econbiz.de/10008805833
Given that the value of China’s currency has been hot topic recently, this paper explores the equilibrium levels of … China’s real and nominal exchange rates. Employing a Johansen cointegration framework, we focus on the behavioral …
Persistent link: https://www.econbiz.de/10005648633
Based on a novel quarterly dataset for 52 countries for the period 1970-2011, we analyze the use and cyclical properties of reserve requirements (RR) as a macroeconomic stabilization tool and whether RR policy substitutes or complements monetary policy. We find that (i) around two thirds of...
Persistent link: https://www.econbiz.de/10010888625
This paper models the US dollar as a global currency and focuses on the effects of US money supply shock upon China …'s economy. The special roles of US dollar as a global currency and the special institutional arrangements of China are … investigated. Given a positive US money supply shock, both the inflation and real GDP of China will be below their steady state …
Persistent link: https://www.econbiz.de/10010949348
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
This paper investigates the underlying sources of the Italian industrial sector fluctuations. It concentrates in particular on the role of different shocks on the manufacturing business cycle. To this end, it considers both domestic shocks (to hours worked and to technology) and external shocks...
Persistent link: https://www.econbiz.de/10005405083
A close examination of the MENA region economies reveals a number of fundamental sources of macroeconomic fluctuations. These include economic factors such as exchange rate instability, large public debt, current account deficits, and escalation of inflation. The political factors such as...
Persistent link: https://www.econbiz.de/10011108303