Showing 1 - 10 of 2,899
analysis in the new Member States of the European Union (EU) is conducted using panel cointegration methods. A well …
Persistent link: https://www.econbiz.de/10011604674
African countries have over the years experienced persistent current account deficits. The role of asymmetries in explaining the response of trade balance to exchange rate movement has not received adequate attention as linear models dominate extant empirical literature. In this paper, we...
Persistent link: https://www.econbiz.de/10013470700
are included in the analysis. From the cointegration analysis and VAR analysis both long-term links and short-term links …
Persistent link: https://www.econbiz.de/10010291121
If oil exporters stabilize the purchasing power of their export revenues in terms of imports, exchange rate developments (and particularly, developments in the US dollar/euro exchange rate) may contain information about oil price changes. This hypothesis depends on three conditions: (a) OPEC has...
Persistent link: https://www.econbiz.de/10010293389
The paper analyses whether communication and actual interventions in FX markets are successful in moving exchange rates over the medium- to long-run. It compares empirical evidence based on time-series analysis with that obtained from an eventstudy approach. Both the time-series approach based...
Persistent link: https://www.econbiz.de/10011604574
I investigated whether migration is interrelated with trade, aid and remittances so that any policies that consider … trade, aid and remittances also affect the decision to migrate. We developed and estimated an empirical model of Turkish … migration to Germany and tested the model for the 1969-2004, using the cointegration technique. A single cointegrating vector is …
Persistent link: https://www.econbiz.de/10010285808
Over the course of the last decade, Bangladesh has implemented a broad-based program of financial and market reforms … paper estimates a savings function to evaluate the impact of various determinants of private savings in Bangladesh …
Persistent link: https://www.econbiz.de/10010279365
This paper assumes that migrants derive utility from their own consumption, their own leisure, and remittances to their … family. It hypothesizes that the labor supply and remittances of Mexican migrants in the U.S. are jointly determined. Shits … in real exchange rates affect the cost of sending a given real volume of remittances back to the family in the sending …
Persistent link: https://www.econbiz.de/10012643788
This paper examined the nexus between economic growth and exchange rate, remittances, trade, and agricultural output … between economic growth and both remittances and agricultural output. When we employed frequency domain model in our analysis … exchange rate, trade, agriculture, and remittances. Our results suggest the validity of both the J-Curve and Marshall …
Persistent link: https://www.econbiz.de/10014332436
We show that empirical results concerning the behavior of floating exchange rates differ between otherwise identical cointegrated and non-cointegrated VAR models. In particular, virtually all ten-year movements in nominal exchange rates are due to fundamental supply and demand shocks when long...
Persistent link: https://www.econbiz.de/10010321604