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Economic structures, the nature of shocks and the role of exchange rate in the monetary policy formation in the emerging countries of East-Asia
Siok Kun Sek - 2009
This thesis investigates the role of exchange rate in a small open economy policy framework. Focusing the analysis on the crisis-hit East-Asian countries, the main objective of this thesis is to investigate the necessity of the monetary authority to concern about the exchange rate stability by...
Persistent link: https://www.econbiz.de/10009429030
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BUSINESS CYCLES, FISCAL STABILIZATION AND VERTICAL FOREIGN DIRECT INVESTMENT: ESSAYS IN INTERNATIONAL MACROECONOMICS
Jansen, Dennis W. (contributor) - 2009
My dissertation studies various questions falling into the broad context ofmacroeconomics and international economics. The questions have macroeconomiccomponents because they are concerned with the behavior of aggregates. Specifically,the second and third chapters of my dissertation study the...
Persistent link: https://www.econbiz.de/10009465095
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Monetary Transmission Mechanism in Central & Eastern Europe: Gliding on a Wind of Change
Coricelli, Fabrizio; Égert, Balázs; MacDonald, Ronald - 2006
This paper surveys recent advances in empirical studies of the monetary transmission mechanism (MTM), with special attention to Central and Eastern Europe. In particular, while laying out the functioning of the separate channels in the MTM, it explores possible interrelations between different...
Persistent link: https://www.econbiz.de/10009476887
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Imperfect competition in product markets and labor markets, general equilibrium and unemployment
Schniewind, Achim - 2000
In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We have used a general equilibrium model in order to study how reducing mark-ups and increasing productivity in one sector affect aggregate unemployment for an exogenously given...
Persistent link: https://www.econbiz.de/10009476214
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Positive evidence for purchasing power parity
Adam, Christopher M.; Bewley, Ronald - 1990
The absolute deterministic version of purchasing power parity (PPP), in which nominal exchange rates move precisely to offset changes in aggregate price levels between national economies, is not generally supported by empirical evidence. Testing PPP with standard regression models permits some...
Persistent link: https://www.econbiz.de/10009441775
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Die besondere Problematik von Währungskrisen in Emerging Market Economies
Huth, Matthias - 2006
Ziel dieser Arbeit ist es, Erklärungen für die im Vergleich zu Industriestaaten oft deutlich schwerer wiegenden Währungskrisen in Emerging Market Economies zu finden. Damit verbunden ist die Frage nach den Determinanten des Krisenausmaßes. Dazu wird zunächst ein detailierter Überblick...
Persistent link: https://www.econbiz.de/10009448912
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A JAPÁN GAZDASÁG NÉHÁNY JELLEGZETESSÉGE A XXI. SZÁZAD FORDULÓJÁN
Tompe, Ferenc - 2005
has been replaced by deflation. These phenomena have once again focused expert attention on the Japanese economy in trying … factors that in the past decade have been considered the causes of malaise, e.g. the economic prices of deflation for an … extended period: decline of domestic savings due to deflation, therefore faltering investments, stagnating domestic consumption …
Persistent link: https://www.econbiz.de/10009446470
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The difficulty of discerning what's too tight: Taylor rules and Japanese monetary policy
Posen, Adam; Kuttner, Kenneth - 2003
degree of uncertainty associated with potential output in an environment of prolonged stagnation and deflation. Consequently …
Persistent link: https://www.econbiz.de/10009472315
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It takes more than a bubble to become Japan
Posen, Adam - 2003
Did monetary ease in the 1980s cause Japan's bubble, as is often suggested? Drawing on both a new cross-national consideration of the monetary policy-asset price linkage and a re-examination of what actually occurred in Japan 1985-1990, I conclude the bubble was just as likely to occur whatever...
Persistent link: https://www.econbiz.de/10009472319
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Infliacijos teisinė analizė
Seniut, Eva - 2007
A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of property forms, legal tends, extent of inflation,...
Persistent link: https://www.econbiz.de/10009478992