Showing 1 - 10 of 187
Purpose – This paper seeks to draw together the various essential elements of the conflict inflation approach within … the context of an open economy and to highlight the importance of global external factors in explaining inflation. Design … conflicting claims equilibrium and inflation. Finally, it provides analytical reasons for believing that the focus of …
Persistent link: https://www.econbiz.de/10014863262
Purpose – This study aims to statistically investigate the place of the eurozone countries in the framework of the international economy and particularly within the most advanced non Euro‐currency countries; second it attempts to explain the eventual discrepancies in the performing of the...
Persistent link: https://www.econbiz.de/10014863359
South Africa’s policy response to the crisis should to some extent help contain the contraction. Nevertheless, the recovery is likely to be slow and hesitant.
Persistent link: https://www.econbiz.de/10015360087
among transition economies. Initial conditions dominate in explaining inflation, but economic liberalization is the most …
Persistent link: https://www.econbiz.de/10015360285
This case study of fiscal sustainability in Turkey after the crisis in 2001 reviews and extends quantitative approaches to fiscal sustainability analysis and brings them together in a user-friendly tool applicable in a data-sparse environment. It combines a dynamic simulations approach with a...
Persistent link: https://www.econbiz.de/10015360577
This study analyzes the impact of the North American Free Trade Agreement (NAFTA) on the trade between Mexico and the U.S. NAFTA was signed by the U.S., Canada and Mexico on 17 December 1992 and took effect on 1 January 1994. This research found that NAFTA led to a significant increase in U.S....
Persistent link: https://www.econbiz.de/10014766341
Purpose – The purpose of this paper is to establish a model to study the determinants of financial flows, portfolio and foreign direct investment (FDI) flows, and the impact of these determinants on economic variables in samples of developing and advanced countries. The analysis then turns to...
Persistent link: https://www.econbiz.de/10014768773
Analyses how the status of balance of payments follows se\ill\ fulfilling expectations of currency devaluation. It is found that before a currency devaluation, whether the economy w\ill\ experience a balance‐of‐payments surplus or deficit crucial depends on the degree of capital mobility.
Persistent link: https://www.econbiz.de/10014863410
Investigates the time series relationship between export earnings instability and instability in receipts from international tourism for Singapore between 1972 and 1988. Computes four standardized instability indexes for both merchandize exports and international travel receipts, having suitably...
Persistent link: https://www.econbiz.de/10014863436
A switching regression model is employed to test for the presence of financial constraints in the determination of oil exporters′ imports from industrial countries. The main assumption of the model is the exogenous determination of this bloc′s terms of trade. The analysis uses both discrete...
Persistent link: https://www.econbiz.de/10014863843