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Over the years, the East-West Center (EWC) has developed considerable expertise in refinery modeling, especially in the area of forecasting product balances for countries, given planned capacity changes, changes in product demand, changes in crude slates, and changes in product specifications....
Persistent link: https://www.econbiz.de/10009436759
institution ProCredit Ecuador is merged with the monthly data of seismic activity and explosions of the volcano Tungurahua in … Ecuador from 2001 to 2006. Results indicate that new clients are less likely to receive a loan after the shock, but old … der kombinierten Auswertung von seismischen Daten des Vulkans Tungurahua in Ecuador und der Kundendatenbank einer …
Persistent link: https://www.econbiz.de/10009476239
aggregate economic activity using data from Ecuador and Chile. …
Persistent link: https://www.econbiz.de/10009462784
Maquipucuna is a unique non-profit organisation in the Choco-Andes region of Ecuador. An ethnographic study and review of the …
Persistent link: https://www.econbiz.de/10009484004
of diffuse ownership. Using data on 36 public credit unions in Ecuador, the empirical analysis finds evidence that credit … may stem from the level of formality in Ecuador’s financial system including its level of prudential regulation …
Persistent link: https://www.econbiz.de/10009429048
We study the behavior of real exchange rates in a two-country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...
Persistent link: https://www.econbiz.de/10009440709
Using long-span data on the dollar-sterling and dollar-franc real exchange rates over the past two centuries, we apply the findings of various strands of the recent literature in order to examine the statistical and economic significance of the Harrod-Balassa-Samuelson effect (the effect of...
Persistent link: https://www.econbiz.de/10009440727
This paper examines the long-run validity of purchasing power parity (PPP) for fourteen developing countries. The period examined is 1973:4 through 2002:8. The methods of Elliot, Rothemberg and Stock (1996), Kwiattkowski et al. (1992) and Geweke and Porter-Hudak (1983) are employed to detect the...
Persistent link: https://www.econbiz.de/10009441661
Finding evidence of the theoretical relationship between exchange rate and inflation has been a difficult proposition in an exchange rate market, despite many studies in developed markets. Three recent papers employing a new research design, Theil’s Divisia index method, found that this...
Persistent link: https://www.econbiz.de/10009441758
This Study addressed the inflation accountingproblem with respect to Greece. This problem had been unaddressed despite the serious implications it may have on micro- and macro-decision making due to the high andpersistent inflation Greece has sustained from 1973 and afterwards.To accomplish the...
Persistent link: https://www.econbiz.de/10009465869