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Recent empirical and theoretical literature on the impact of real exchange rate devaluations on economic performance questions the traditional expansionary effect generated within standard Mundell-Fleming models. Contractionary devaluations may arise when firms face maturity or currency...
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negatively associated with trade receivables, trade payables, and inventories, conditional on the level of contract intensity in …
Persistent link: https://www.econbiz.de/10010198205
-market shocks are negatively associated with trade receivables, trade payables, and inventories, conditional on the level of …
Persistent link: https://www.econbiz.de/10013073328
reduction in Chinese imports from the U.S. during the height of the U.S.-China trade war in 2018 and 2019. We infer non … than 90\% of the welfare cost to Chinese consumers of the U.S.-China trade war. The welfare loss to China of a given …
Persistent link: https://www.econbiz.de/10013361973
We investigate the impact of foreign direct investment (FDI) and trade, as two measures of globalization, on female … and trade have a generally negative impact on female labor force participation. While the impact is of negligible economic …
Persistent link: https://www.econbiz.de/10010358648
multilateral cooperation when countries are linked by international trade flows and transboundary pollution. …
Persistent link: https://www.econbiz.de/10005583073
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Monetary history is characterised by crisis and reform. The paper is dedicated to an explanation of what makes monetary reforms successful. A cross-sectional econometric analysis is chosen to deal with this problem. It is based on a standard macroeconomic model of commitment and credibility. As...
Persistent link: https://www.econbiz.de/10001906719