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This paper examines whether a monetary policy tightening (i.e., an increase in the domestic interest rate) was successful in defending the exchange rate from speculative pressures during the Asian financial crisis. We estimate a bivariate VECM for four Asian countries, and improve upon existing...
Persistent link: https://www.econbiz.de/10014078489
This paper examines whether a monetary policy tightening (i.e., an increase in the domestic interest rate) was successful in defending the exchange rate from speculative pressures during the Asian financial crisis. We estimate a bivariate VECM for four Asian countries, and improve upon existing...
Persistent link: https://www.econbiz.de/10014062716
analyses the determinants of Pollution Abatement and Control Expenditure (PACE) at plant level in the case of Romania using … transition, and heterogeneity across regions remains considerable. -- Pollution abatement and control expenditure ; transition …
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