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This paper reviews Chilean stabilization policy during the 1990s andargues that, while the merits of Chilean policy should be praised, there are fourpuzzles in conventional interpretations of the Chilean experience worth studying.First, the policy of targeting indexed interest rates does not...
Persistent link: https://www.econbiz.de/10009450769
kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern … aufgeworfen, wie die Interaktion zwischen DI und inländischem Wirtschaftswachstum zu sehen ist. Auch wenn in der theoretischen als … auch empirischen Literatur signifikante Belege für eine Verbindung zwischen DI und Wirtschaftswachstum zu finden sind, so …
Persistent link: https://www.econbiz.de/10009476170
Persistent link: https://www.econbiz.de/10009449705
Persistent link: https://www.econbiz.de/10010353250
We consider a multi-sector overlapping generations model with oligopolistic firms in the output markets and wage-setting trade unions in the labour markets. A coordination problem between firms creates multiple temporary equilibria which are either Walrasian or of the Keynesian unemployment...
Persistent link: https://www.econbiz.de/10009471636
Within a macroeconomic disequilibrium model it turns out that stationary and simple adaptive policies are not capable of stabilizing efficient steady states and lead to periodic or irregular fluctuations for large sets of policy parameters. The application of recent control methods for chaotic...
Persistent link: https://www.econbiz.de/10009471677
estimation of leakage inprojects in developing Asia and Latin America. …
Persistent link: https://www.econbiz.de/10009435540
The two key threats to coal`s long term dominance in Asia are: (1) its uneven distribution of reserves and lack of … deterioration of the environment in Asia for another one to two decades. China will remain the largest polluter in Asia, but it …`s believed it will become Asia`s largest user of emissions control technology by 2015. The authors have subjectively weighed the …
Persistent link: https://www.econbiz.de/10009435575