Similar Search Results

Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning

Rose, Andrew K; Spiegel, Mark - C.E.P.R. Discussion Papers - 2009

consequences of the crisis, ignoring cross-country "contagion" effects. Our model of the incidence of the crisis combines 2008 … changes in real GDP, the stock market, country credit ratings, and the exchange rate. We explore the linkages between these …

Persistent link: https://www.econbiz.de/10004969128

Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure

Rose, Andrew K; Spiegel, Mark - C.E.P.R. Discussion Papers - 2009

that may have allowed the crisis to spread across countries. Our model of the cross-country incidence of the crisis … combines 2008 changes in real GDP, the stock market, country credit ratings, and the exchange rate. We explore the linkages … origin of the 2008 crisis, though we also consider six alternative sources of the crisis. A country holding American …

Persistent link: https://www.econbiz.de/10008528523

Checking Out: Exits from Currency Unions

Rose, Andrew K - C.E.P.R. Discussion Papers - 2007

This paper studies the characteristics of departures from monetary unions. During the post-war period, almost seventy distinct countries or territories have left a currency union, while over sixty have remained continuously in currency unions. I compare countries leaving currency unions to those...

Persistent link: https://www.econbiz.de/10005123773

Size Really Doesn't Matter: In Search of a National Scale Effect

Rose, Andrew K - C.E.P.R. Discussion Papers - 2005

link the population of a country to a host of economic and social phenomena. Using both graphical and statistical … of a country's institutions, heterogeneity, and a number of different international indices and rankings. I have little …

Persistent link: https://www.econbiz.de/10005498014

Does a Currency Union Affect Trade? The Time Series Evidence

Glick, Reuven; Rose, Andrew K - C.E.P.R. Discussion Papers - 2001

Does leaving a currency union reduce international trade? We answer this question using a large annual panel data set covering over 230 countries from 1948-97. During this sample over one hundred pairs of countries had currency union dissolutions; they experienced economically and statistically...

Persistent link: https://www.econbiz.de/10005666714

One Money, One Market: Estimating the Effect of Common Currencies on Trade

Rose, Andrew K - C.E.P.R. Discussion Papers - 1999

A gravity model is used to assess the separate effects of exchange rate volatility and currency unions on international trade. The panel data set used includes bilateral observations for five years spanning 1970 through 1990 for 186 countries. In this data set, there are over one hundred...

Persistent link: https://www.econbiz.de/10005666776

Putting Things in Order: Patterns of Trade Dynamics and Macroeconomics

Feenstra, Robert; Rose, Andrew K - C.E.P.R. Discussion Papers - 1997

countries in the sample. The orderings seem sensible, robust and intuitive. For instance, the country rankings derived from …

Persistent link: https://www.econbiz.de/10005667116

The Foreign Service and Foreign Trade: Embassies as Export Promotion

Rose, Andrew K - C.E.P.R. Discussion Papers - 2005

As communication costs fall, foreign embassies and consulates have lost much of their role in decision-making and information-gathering. Accordingly, foreign services are increasingly marketing themselves as agents of export promotion. I investigate whether exports are in fact systematically...

Persistent link: https://www.econbiz.de/10005791718

Staying Afloat When the Wind Shifts: External Factors and Emerging-Market Banking Crises

Eichengreen, Barry; Rose, Andrew K - C.E.P.R. Discussion Papers - 1998

We analyse banking crises using a panel of macroeconomic and financial data for more than 100 developing countries from 1975 through 1992. We find that banking crises in emerging markets are strongly associated with adverse external conditions. In particular, high Northern interest rates are...

Persistent link: https://www.econbiz.de/10005792121