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We revisit the dramatic failure of monetary models in explaining exchange rate movements. Using the information content from 98 countries, we find strong evidence for cointegration between nominal exchange rates and monetary fundamentals. We also find fundamentalsbased models very successful in...
Persistent link: https://www.econbiz.de/10005263651
Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining …
Persistent link: https://www.econbiz.de/10014279350
Persistent link: https://www.econbiz.de/10014333455
higher average wages; thus any relatively slower employment growth in this group of firms could lead to lower inequality …
Persistent link: https://www.econbiz.de/10012605685
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and … empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The … evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on …
Persistent link: https://www.econbiz.de/10012518886
claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
Persistent link: https://www.econbiz.de/10012518909
Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining …
Persistent link: https://www.econbiz.de/10013488817