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Financial openness and business cycle volatility

Buch, Claudia M.; Döpke, Jörg; Pierdzioch, Christian - 2002

volatility depends on the nature of the underlying shock. Empirical evidence supports this conclusion. Our results also show that … the link between business cycle volatility and financial openness has not been stable over time. …

Persistent link: https://www.econbiz.de/10011475038

Financial market integration and business cycle volatility in a monetary union

Pierdzioch, Christian - 2002

implies that business cycle volatility is higher the more integrated the capital markets of the member countries of the …

Persistent link: https://www.econbiz.de/10011475042

Special Economic Zones and agriculture with increasing returns

Mukherjee, Soumyatanu - 2013

This note shows that in a developing economy, agriculture and Special Economic Zones (SEZ) can grow simultaneously without affecting one another if an appropriate subsidy policy is designed by the government. We consider increasing returns brought about by external economies of scale in the...

Persistent link: https://www.econbiz.de/10010200350