Showing 1 - 10 of 47
This book examines the little-understood effects of the corporation income tax, a mainstay of the U.S. federal revenue system.
Persistent link: https://www.econbiz.de/10010949309
policies that directly increase private or public savings can reduce the external imbalance without reducing private investment …
Persistent link: https://www.econbiz.de/10011245047
The paper explores the linkages between the global and domestic monetary gaps, and estimates the effects of monetary gaps on output growth, inflation, and net saving rates using panel data for 20 Asian countries for 1980-2008. We find a significant pass-through of the global monetary gap to...
Persistent link: https://www.econbiz.de/10008671301
New Zealand’s economy continued to grow at a moderate rate, in part reflecting the effects of the recent drought and inflation. The macroeconomic policy has been framed to absorb adverse shocks with flexible exchange rates to serve as buffer. The planned pace of deficit reduction is...
Persistent link: https://www.econbiz.de/10011242832
The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in...
Persistent link: https://www.econbiz.de/10011142116
The purpose of this paper is to study the mean, the variance, the probability distribution and the hazard rate of the inverse range process of an a-priori unknown volatility random walk. Motivation for this process arises when it is necessary to obtain statistics that pertain to a process...
Persistent link: https://www.econbiz.de/10010873977
present value theory. Design/methodology/approach – The conceptual basis is the impact of affect on investor decisions. The … risk perceptions and expected returns. Thus, new good or bad information has an amplified effect on stock valuations. In … primary implications are that ex ante perceptions of risk and return vary inversely and that affect has a strong influence on …
Persistent link: https://www.econbiz.de/10010540363
This paper measures the impact of bilateral exchange rates, the world agricultural GDP and third-country exchange rate volatilities (Yen/USD and Euro/USD) on the BRICS agricultural exports using a vector autoregressive (VAR) model. Two measures of volatility are used: the standard deviation and...
Persistent link: https://www.econbiz.de/10009421067
Remarks at United States Military Academy at West Point, West Point, New York.
Persistent link: https://www.econbiz.de/10009366966
Remarks at United States Military Academy at West Point, West Point, New York.
Persistent link: https://www.econbiz.de/10010724961