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that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first …
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Fisheries managers in the United States are required to identify and mitigate the adverse impacts of fishing activity on essential fish habitat (EFH). There are additional concerns that the viability of noncommercial species, animals that are habitat dependent and/or are themselves constituents...
Persistent link: https://www.econbiz.de/10010312656
This paper uses highly detailed, quarterly data for five major industrialized economies to estimate the impact of macroeconomic fluctuations on import protection policies over 1988:Q1 - 2010:Q4. First, estimates on a pre-Great Recession sample of data provide evidence of two key relationships....
Persistent link: https://www.econbiz.de/10010292150
Theory suggests that groups historically subject to discrimination, such as Jews, could exhibit traditionally high investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit is uncertain, it could induce investment in skill...
Persistent link: https://www.econbiz.de/10012005874
-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/10010263691
Existing results on the contribution of terms of trade and world interest rate shocks to output fluctuations in small open economies range from less than 10% to almost 90%. We argue that an identification problems lies at the heart of these vastly different results. In this paper, we overcome...
Persistent link: https://www.econbiz.de/10010293453
main focus is the conduct of monetary policy in Australia, Canada, New Zealand and the U.K., as measured by nominal … respond to exchange rates. The main result of this paper is that the central banks of Australia, New Zealand and the U.K. do … not, whereas the Bank of Canada does include the nominal exchange rate in its policy rule. This result is robust for …
Persistent link: https://www.econbiz.de/10010293466