Narrow search
Showing 1 - 10 of 5,138
Cover Image
Investigating the effect of exchange rate changes on the People's Republic of China's processed exports
Thorbecke, Willem - 2010
Many argue that the yuan needs to appreciate to rebalance the People's Republic of China's trade. However, empirical … evidence on the effects of a CNY appreciation on the People's Republic of China's exports has been mixed for the largest … category of exports, processed exports. Since much of the value-added of these goods comes from parts and components produced …
Persistent link: https://www.econbiz.de/10003983107
Cover Image
Investigating the Effect of Exchange Rate Changes on the People's Republic of China's Processed Exports
Thorbecke, Willem - 2010
Many argue that the yuan needs to appreciate to rebalance the People's Republic of China's trade. However, empirical … evidence on the effects of a CNY appreciation on the People's Republic of China's exports has been mixed for the largest … category of exports, processed exports. Since much of the value-added of these goods comes from parts and components produced …
Persistent link: https://www.econbiz.de/10013146317
Cover Image
Current account adjustment and financial integration
Towbin, Pascal - 2008
study estimates theoretically founded trade balance reaction functions for a panel of seventy countries from 1970-2004. The … empirical analysis finds that adjustment in integrated economies is slower. Consistent with the presented theory the trade …
Persistent link: https://www.econbiz.de/10003891878
Cover Image
On the dynamics of the Greek twin deficits : empirical evidence over the period 1960 - 2007
Panagiotis, Pantelidis; Emmanouil, Trachanas; … - In: International journal of economic sciences and applied … 2 (2009) 2, pp. 9-32
sustainability of persistent budget and trade deficits as well as possible interactions between them. These deficits are most crucial … trade deficits ; sustainability ; twin deficits hypothesis ; cointegration ; Greek economy (1960-2007) …
Persistent link: https://www.econbiz.de/10009009438
Cover Image
On the solvency of nations : cross-country evidence on the dynamics of external adjustment
Durdu, Ceyhun Bora; Mendoza, Enrique G.; Terrones, Marco E. - 2012
-correction reaction function approach - which tests for a negative long-run relationship between net exports (NX) and net foreign assets …
Persistent link: https://www.econbiz.de/10009552913
Cover Image
Capital controls and exchange rate regimes : an empirical investigation
Berger, Helge; Sturm, Jan-Egbert; Haan, Jakob de - 2001
It is often argued that deregulation of international transactions and its effects on the globalization of financial markets is behind the decline in the attractiveness of fixed exchange rate regimes. We argue that, instead, much of the recently observed decrease in the level of capital controls...
Persistent link: https://www.econbiz.de/10011398048
Cover Image
German wage moderation and European imbalances : feeding the Global VAR with theor
Bettendorf, Timo; León-Ledesma, Miguel A. - 2015
German labor market reforms in the 1990s and 2000s are generally believed to have driven the large increase in the dispersion of current account balances in the Euro Area. We investigate this hypothesis quantitatively. We develop an open economy New Keynesian model with search and matching...
Persistent link: https://www.econbiz.de/10010532618
Cover Image
Phillips curve shocks and real exchange rate fluctuations : SVAR evidence
Gehrke, Britta; Yao, Fang - 2014
Steinsson (2008) shows that real shocks that affect the New Keynesian Phillips curve explain the behavior of the real exchange rate in a sticky-price business cycle model. This paper reveals that these shocks are important for the volatility of the real exchange rate in the data. In a structural...
Persistent link: https://www.econbiz.de/10010400806
Cover Image
Current-account imbalances and economic growth during the 2008 - 2009 financial crisis : an empirical analysis
Rangelove, Rossitsa - In: Contemporary economics 8 (2014) 2, pp. 123-136
This study examines the relationship between current-account imbalances and economic growth during the 2008-2009 financial and economic crisis for 179 countries (covered by IMF data) and within the EU-27 countries (covered by Eurostat data). The countries are divided into 4 groups by GDP per...
Persistent link: https://www.econbiz.de/10010406280
Cover Image
Euro-US real exchange rate dynamics : how far can we push general equilibrium models?
Dogan, Aydan - 2014
This paper re-assesses the problem of general equilibrium models in matching the behaviour of real exchange rate. We do so by developing a two country general equilibrium model with non-traded goods, home bias, incomplete markets and partial degrees of pass through as well as nominal rigidities...
Persistent link: https://www.econbiz.de/10010416685