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terms-of-trade shocks, under either of two regimes: Peggers can add the export commodity to a currency basket (CCB, for …Countries that specialize in commodities have in recent years been hit by high volatility in world prices for their …
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This paper considers policies of the industrialized countries, as they pertain to crises in emerging markets. These fall into three areas: (1) their own macroeconomic policies, which determine the global financial environment; (2) their role in responding to crises when they occur, particularly...
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Andy Rose (2000), followed by many others, has used the gravity model of bilateral trade on a large data set to … estimate the trade effects of monetary unions among small countries. The finding has been large estimates: Trade among members … others used the gravity model on a much smaller data set to estimate the effects of the euro on trade among its members. The …
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Andy Rose (2000), followed by many others, has used the gravity model of bilateral trade on a large data set to … estimate the trade effects of monetary unions among small countries. The finding has been large estimates: Trade among members … others used the gravity model on a much smaller data set to estimate the effects of the euro on trade among its members …
Persistent link: https://www.econbiz.de/10014212159