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-round integration of two economies. Empirically, such a constellation is found between Australia and New Zealand, whereas diverging … trends in money and interest rates characterise the relation of Australia towards the US. …
Persistent link: https://www.econbiz.de/10005861005
Australien dar. Außerdem wird eine erste Analyse der Erfahrungen vor dem theoretischenHintergrund der Neuen Institutionenökonomik …
Persistent link: https://www.econbiz.de/10005843660
, we account for changes to Australia’s pigmeat quarantinepolicy over time including those changes related to the recent … resolution of a WTO disputebetween Australia and the European Union. Using a random utility model, and applying it tocorner … regimes implemented by Australia during the period 1988-2009. The welfare impact on consumers, producers, and foreign …
Persistent link: https://www.econbiz.de/10009360665
Monatswerten für das Jahr 1993 dar. …
Persistent link: https://www.econbiz.de/10005848161
In October 1998, we convened scholars, policy makers, and practitionersto review what we know about the processes that affect childdevelopment and how we might wisely increase public and privateinvestments in children to promote both their well-being and theproductivity of the next generation....
Persistent link: https://www.econbiz.de/10008733219
We contribute to the intense debate on the real effects of …fiscal stimuli by showingthat the impact of government expenditure shocks depends crucially on key countrycharacteristics, such as the level of development, exchange rate regime, openness totrade, and public indebtedness. Based on a...
Persistent link: https://www.econbiz.de/10008939833
A weakening dependence on rain-fed agriculture has been a hallmark of the economictransformation of countries throughout history. Rural citizens in developing countries to-day, however, remain highly exposed to fluctuations in the weather. This exposure affectsthe incomes these citizens earn and...
Persistent link: https://www.econbiz.de/10009248834
between the two vanishes as the shock process approaches a random walk.In sharp contrast, for shocks to the real interest rate ….i.d.! The upshot is that persistence of the underlying fun-damental uncertainty matters: depending on the nature of the shock …
Persistent link: https://www.econbiz.de/10009360807
A sample of Iowa farm couples is used to evaluate whether off-farm labor supply decisions respond to permanent and transitory components of farm income. Off-farm labor supply of both spouses declines in response to increases in permanent farm income. Farm wives also reduce off-farm labor supply...
Persistent link: https://www.econbiz.de/10009418932
Our purpose is to show how large difference of beliefs induced by fear of crashesis amenable to large and persistent price responses to contemporaneous shocks. Weconstruct a pure exchange economy populated by two agents who estimate strictlydifferent models regarding the fundamental. In...
Persistent link: https://www.econbiz.de/10009486814