Showing 1 - 10 of 514
Does an improvement in growth prospects lead to a fall in the trade balance? The relevance of this question stems from the tendency for countercyclical fluctuations in the trade balance stressed by both the academic literature and policymakers. However, we do not find that improved growth...
Persistent link: https://www.econbiz.de/10012134287
Does an improvement in growth prospects lead to a fall in the trade balance? The relevance of this question stems from the tendency for countercyclical fluctuations in the trade balance stressed by both the academic literature and policymakers. However, we do not find that improved growth...
Persistent link: https://www.econbiz.de/10012160788
The global imbalances of the 2000s and the recent global financial crisis are intimately connected. Both originate in the combination of economic policies adopted by the two key economies, the US and China. Global financial markets served as a transmission belt, both during the boom as during...
Persistent link: https://www.econbiz.de/10003934687
The global imbalances of the 2000s and the recent global financial crisis are intimately connected. Both originate in the combination of economic policies adopted by the two key economies, the US and China. Global financial markets served as a transmission belt, both during the boom as during...
Persistent link: https://www.econbiz.de/10010271353
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows … trade result in an asymmetric reaction to an otherwise symmetric shock. In this context, we show that oil price shocks can …
Persistent link: https://www.econbiz.de/10012129945
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows … trade result in an asymmetric reaction to an otherwise symmetric shock. In this context, we show that oil price shocks can …
Persistent link: https://www.econbiz.de/10012063640
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows … trade result in an asymmetric reaction to an otherwise symmetric shock. In this context, we show that oil price shocks can …
Persistent link: https://www.econbiz.de/10011785688
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows … trade result in an asymmetric reaction to an otherwise symmetric shock. In this context, we show that oil price shocks can … asymmetrischen Reaktion auf einen ansonsten symmetrischen Schock. In diesem Zusammenhang zeigen wir, dass Ölpreisschocks langfristige …
Persistent link: https://www.econbiz.de/10011787351
financial world” has an impact on business cycles and contributes to business cycle convergence via the consumption …
Persistent link: https://www.econbiz.de/10010255115
The purpose of this contribution is to illustrate the mechanism by which higher oil prices might lead to lower interest rates in the context of a simple model that takes into account the global external savings equilibrium. The simple model has interesting implications for how one views the huge...
Persistent link: https://www.econbiz.de/10010265785