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This paper examines the effectiveness of capital account policy in terms of its ability to affect the volume and composition of capital flows, relieve pressures on real exchange rates, and foster monetary policy independence. Ten emerging Asian economies are used as case studies to assess the...
Persistent link: https://www.econbiz.de/10012020535
We use a non-linear factor-augmented vector-autoregressive model to evaluate international effects of an unexpected decrease in euro area policy rates. Given the current environment of ultra low or negative interest rates, we especially focus on potential differences in the transmission of the...
Persistent link: https://www.econbiz.de/10011621228
Persistent link: https://www.econbiz.de/10010433937
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This study shows that neither decoupling CO2 emissions from production, consumption and GDP, nor reducing emission … intensity is good per se. Instead of analyzing decoupling cases, it proposes two orderings: one that balances economy and carbon … decoupling ranking of countries based on production and consumption emissions, and between the ordering that gives priority to …
Persistent link: https://www.econbiz.de/10011757497
countries to shed light on the heated debate over the "decoupling" of emerging Asia. We first document the evolution of … increased significantly in the post-crisis period, suggesting "recoupling", rather than decoupling, in recent years. Output …
Persistent link: https://www.econbiz.de/10011283453
The UN's Sustainable Development Goals in their generalized form need to be further reflected in order to identify synergies and trade-offs between their (sub-)targets, and to apply them to concrete nations and regions. Explorative, qualitative cause and effect modeling could serve as a tool for...
Persistent link: https://www.econbiz.de/10011730162
This paper proposes a statistical test for the decoupling of the comovements in the real activity of developed and … have experienced impressive growth compared to developed economies, suggesting a decoupling between developed and emerging …
Persistent link: https://www.econbiz.de/10011756076
the first best can be implemented. Prior analyses of optimal damage awards, decoupling, and fee shifting are shown to …
Persistent link: https://www.econbiz.de/10011772058
Persistent link: https://www.econbiz.de/10011968925