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Financial system stress and unemployment in industrial countries
Feldmann, Horst - In: Journal of Economic Studies 38 (2011) 5, pp. 504-527
Purpose – This paper aims to analyze how financial system turmoil affected unemployment in industrial countries during …, during the sample period, financial market turmoil had only moderate adverse effects on unemployment. Stress in the banking … sector and stress in foreign exchange markets were particularly likely to increase unemployment, although the relevant …
Persistent link: https://www.econbiz.de/10014863295
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Youth unemployment rate and impact of financial crises
Tanveer Choudhry, Misbah; Marelli, Enrico; Signorelli, … - In: International Journal of Manpower 33 (2012) 1, pp. 76-95
Purpose – The purpose of this paper is to assess the impact of financial crises on the youth unemployment rate (YUR … unemployment. The inclusion of many control variables – including in particular GDP growth – does not change the sign and …‐to‐work transition institutions are particularly needed to reduce the risk of persistence and structural (long‐term) unemployment, since …
Persistent link: https://www.econbiz.de/10014783454
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Dynamic changes in comparative advantage: Japan “flying geese” model and its implications for China
Widodo, Tri - In: Journal of Chinese Economic and Foreign Trade Studies 1 (2008) 3, pp. 200-213
Purpose – The purpose of this paper is to examine the Japan flying geese (FG) model and its implications for China. Design/methodology/approach – Data on exports and imports three‐digit the standard international trade clasification (SITC) Revision 2 from UN‐COMTRADE are employed. An...
Persistent link: https://www.econbiz.de/10014847508
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Uncertainty and social discounting for the very long term
Evans, David - In: Journal of Economic Studies 36 (2009) 5, pp. 522-540
Purpose – The purpose of this paper is to examine uncertainty in the social discount rate and explore the conditions favouring the application of higher present value welfare weights in the cost‐benefit analysis (CBA) of very long‐term social projects. The plausibility, or otherwise, of...
Persistent link: https://www.econbiz.de/10014863221
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The effects of inflation uncertainty: some international evidence
Rahman, Sajjadur; Serletis, Apostolos - In: Journal of Economic Studies 36 (2009) 5, pp. 541-550
Purpose – The purpose of this paper is to examine the effects of inflation uncertainty on real economic activity using data from four industrialised countries. Design/methodology/approach – The paper uses the econometric framework developed by Elder in the context of a multivariate framework...
Persistent link: https://www.econbiz.de/10014863222
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Nonlinear stationarity of real interest rates in the EMU countries
Zhou, Su - In: Journal of Economic Studies 38 (2011) 6, pp. 691-702
Purpose – This paper aims to examine two hypotheses that have not been well investigated in the existing literature. One hypothesis is that the real interest rates of industrial countries tend to be mean‐reverting during the current floating exchange rate period. Another hypothesis is that...
Persistent link: https://www.econbiz.de/10014863306
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Interest Rates Parity Between Industrial Countries and Gulf Cooperation Council Countries (GCC)
Abdul Rahman Al‐yousef, Norah - In: Journal of Economic and Administrative Sciences 20 (2004) 1, pp. 1-22
The paper’s objective is to empirically invistigate whether monetary policy in GCC counties is integrarted and/or affected by monetary policy of the industrialized countries. To this end, the study tests possible cointegration and Granger‐causality between real interest rates of two GCC...
Persistent link: https://www.econbiz.de/10014857493
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Institutional barriers to entrepreneurship in clusters
Saka‐Helmhout, Ayse; Karabulut, Elif - In: International Journal of Emerging Markets 1 (2006) 2, pp. 128-146
Purpose – The paper aims to highlight the extent to which the institutional context of a country can inhibit entrepreneurial activity in clusters. Design/methodology/approach – Case study method employing exploratory survey questionnaire and interviews administered to 78 firms in the Denizli...
Persistent link: https://www.econbiz.de/10014788095
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The competitive advantages of nations
Chobanyan, Armen; Leigh, Laurence - In: International Journal of Emerging Markets 1 (2006) 2, pp. 147-164
Purpose – To apply the Porter “Diamond Model” to the case of Armenia, a small and land‐locked economy, in order to draw conclusions about its current situation, future prospects and appropriate development policies. Design/methodology/approach – The paper analyses the shape of the...
Persistent link: https://www.econbiz.de/10014788096
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Financial flows to developing and advanced countries: determinants and implications
Kandil, Magda - In: International Journal of Development Issues 10 (2011) 1, pp. 60-91
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