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Purchasing power parity in developing countries: Evidence from conventional and fractional cointegration tests
Arize, A. C.; Malindretos, John; Grivoyannis, Elias C. - 2004
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
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Migration, Remittances, Economic Growth and Poverty Reduction: Reflections on Some South Asian Developments
Ballard, Roger - 2005
This report presents a global account of the historical relationship between migration, industrialization and economic growth, and then goes on to present an empirical examination of the dynamics immigration from Mirpur (Pakistan) and Jullundur (India) to the UK. It closes by considering the...
Persistent link: https://www.econbiz.de/10009468669
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Social Protection for the Informal Sector : State of the international debate and the situation in the Arab world with special reference to the potential of the micro-insurance app...
Loewe, Markus - 2004
Verbreitete Armut ist nach wie vor eines der zentralen Probleme der arabischen Entwicklungsländer, das nicht nur auf … Welt realisieren – zumindest in Ländern wie z.B. Jordanien oder Marokko. …Social policy reforms are due in the Arab world. The main problem of social protection in this world region is not a …
Persistent link: https://www.econbiz.de/10009476249
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Bewertung konsumorientierter Steuerreformen in Entwicklungsländern : eine numerische Allgemeine Gleichgewichtsanalyse für Thailand
Niyomthai, Pilanya - 2004
fully dynamic model class overlapping generations of Fehr (1999) enabling a decomposition of welfare effects into efficiency …
Persistent link: https://www.econbiz.de/10009476230
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11.471 Political Economy of Development Projects: Targeting the Poor, Fall 2007
Tendler, Judith - 2007
This course treats public-sector policies, programs, and projects that attempt to reduce poverty and unemployment in … these approaches to the broader literature on poverty reduction, economic development, politics, and the reform of …
Persistent link: https://www.econbiz.de/10009432821
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A Dynamic Equilibrium Model of Real Exchange Rates with General Transaction Costs
GOSWAMI, GAUTAM; SHRIKHANDE, MILIND; WU, LIUREN - 2002
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
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Real Exchange Rates Over the Past Two Centuries: How Important is the Harrod-Balassa-Samuelson Effect?
Lothian, James R.; Taylor, Mark P. - 2003
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
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A test of purchasing power parity: Asia Pacific and Latin America
Ho, Catherine S. F.; Ariff, Mohamed - 2009
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
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Impact of general purchasing power accounting on Greek accounts
Baralexis, Spyridon K. - 1989
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
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Confidence Intervals for Half-Life Deviations From Purchasing Power Parity
Rossi, Barbara - 2005
According to the Purchasing Power Parity {(PPP)} theory, real exchange rate fluctuations are mainly caused by transitory shocks. The theory fits well one empirical feature of the data, namely the short-run volatility of real exchange rates, but also implies that shocks should die away in one to...
Persistent link: https://www.econbiz.de/10009475495