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Persistent link: https://www.econbiz.de/10011833876
Remittances as one of the main benefits of international migration have a great and important impact on the countries of origins and make migration a topic of special interest for many researchers. Workers’ remittances represent an important financial flows and a major source of private...
Persistent link: https://www.econbiz.de/10010472577
Financial markets are today so interconnected that they are fragile to contagion. Massive investment funds with very short horizons in -and out- flows can generate contagion effects between markets. Since 2010, investors are willing to get a liquid exposure to the EM sovereign debt. As a...
Persistent link: https://www.econbiz.de/10012974625
Urgent need for quick action to put Nigeria and other developing economies back to the path of economic recovery has almost imposed state of emergency on these economies. Most LDCs are faced with acute shortage of development funds due to recessions accompanying incessant crashes in...
Persistent link: https://www.econbiz.de/10012960308
We explore the dynamics of inflation, inflation expectations, and seigniorage-financed fiscal deficits in Mexico. To do so, we estimate the model in Sargent, Williams, and Zha (2009) using Mexican CPI inflation data. This model features dual expected inflation equilibriums and regime switching...
Persistent link: https://www.econbiz.de/10012165948
sustainability problems for Turkey's economy has been developed by using the latest method which is called "composite indicator of …
Persistent link: https://www.econbiz.de/10013212973
Multiple crises and ecological transformation are driving an intense debate about government credit financing and its restriction by the constitutional debt brake. The Board of Academic Advisors at the BMWK has presented a proposal on how more flexibility would be possible without undermining...
Persistent link: https://www.econbiz.de/10014484289
This paper provides an overview of the ongoing debate on the international Sovereign Debt Restructuring Mechanism (SDRM) architecture by highlighting two key aspects, the contractual and the statutory approach, while also alluding to alternatives that have been set forth, such as arbitration,...
Persistent link: https://www.econbiz.de/10014356355
Multiple crises and ecological transformation are driving an intense debate about government credit financing and its restriction by the constitutional debt brake. The Board of Academic Advisors at the BMWK has presented a proposal on how more flexibility would be possible without undermining...
Persistent link: https://www.econbiz.de/10014474329
with new information sets. One of this new information sets could be indicators of a sustainability focused national … yields and the longest established rating of national sustainability culture: the "oekom country rating" of oekom research AG …, which was launched in 2001. We hypothesize that sustainability culture reduces government bond yields. Based on an eleven …
Persistent link: https://www.econbiz.de/10013078885