Narrow search
Showing 1 - 10 of 9,634
Cover Image
Nonlinear relationship between exchange rate volatility and economic growth
Phiri, Andrew - 2018
In this paper, we challenge the traditional assumption of a linear relationship between exchange rate volatility and … volatility positively and significantly influences economic growth when growth in government spending is below 6 percent. Above … this 6 percent threshold, volatility exerts an insignificant effect on economic growth. In light of the adoption of a free …
Persistent link: https://www.econbiz.de/10011870188
Cover Image
Real Effective Exchange Rates Determinants and Growth : Lessons from Italian Regions
Calo, Silvia - 2019
In this paper we analyse the price competitiveness of the Italian regions by computing the Real Effective Exchange Rate (REER) for each region, deflated by CPI and vis-à-vis the main partner countries. We use them to look for the medium-term determinants, finding significant heterogeneities in...
Persistent link: https://www.econbiz.de/10012889778
Cover Image
China's Unfinished Yuan Reform - Further Appreciation Needed to Redress External Imbalances
Kwan, C. H. - 2006
The Chinese government has been hesitant to revalue the yuan out of concern over the negative impact revaluation would have on the domestic economy. To maintain a stable exchange rate, however, the authorities have had no choice but to tolerate large balance of payment surpluses and a rapid...
Persistent link: https://www.econbiz.de/10014055361
Cover Image
Varieties and interdependencies of demand and growth regimes in finance-dominated capitalism
Prante, Franz; Hein, Eckhard; Bramucci, Alessandro - 2021
We outline and simulate a stylised post-Keynesian two country stock-flow consistent model to demonstrate the interconnection of three of the main features/outcomes of finance-dominated capitalism, namely worsening income distribution for the bottom 90% households, the rise of international...
Persistent link: https://www.econbiz.de/10012696153
Cover Image
Demand and growth regimes in finance-dominated capitalism and a progressive equality-, sustainability- and domestic demand-led alternative : a post-Keynesian simulation approach
Hein, Eckhard; Prante, Franz; Bramucci, Alessandro - In: PSL quarterly review 76 (2023) 305, pp. 181-202
Making use of a post-Keynesian/Kaleckian two-country stock-flow consistent (SFC) simulation model, we shed light on different regimes in modern finance-dominated capitalism, their interaction at the global scale, and then on the changes in regimes after the 2007-09 crises. Most importantly, we...
Persistent link: https://www.econbiz.de/10014550808
Cover Image
Financialisation and the potentials for a progressive equality-, sustainability- and domestic demand-led regime : a post-Keynesian simulation approach
Hein, Eckhard; Prante, Franz; Bramucci, Alessandro - 2022
In several publications, starting more than a decade ago, Peter Flaschel and co-authors have outlined the features of a 'social capitalism' as a normative alternative to the liberal and financialised capitalism of the Anglo-Saxon type, but also to the undemocratic Chinese-type of state...
Persistent link: https://www.econbiz.de/10013393481
Cover Image
Has Foreign Growth Contributed to Stagnation and Inequality in Japan?
Tomioka, Kazuki - 2016
performance and inequality. While the standard approach to external sources of inequality has emphasized transmission through … that strong growth in a near neighbor not only retards domestic performance but also raises home inequality. Empirical … results suggest that growth in China has a significant delayed effect in aggravating Japanese inequality and its importance in …
Persistent link: https://www.econbiz.de/10012993239
Cover Image
Exploring the relationship between exchange rate misalignment uncertainty and economic growth in South Africa
Buthelezi, Eugene Msizi - In: Cogent economics & finance 11 (2023) 2, pp. 1-30
emphasize the significance of managing exchange rate volatility and reducing uncertainty to ensure economic stability and foster … uncertainty in the specific context of South Africa. By specifically focusing on exchange rate misalignment uncertainty, this … uncertainty and economic growth, there is a dearth of studies focusing on the particular issue of exchange rate misalignment …
Persistent link: https://www.econbiz.de/10014501136
Cover Image
Finance, Growth, and Inequality
Levine, Ross - 2022
between the operation of the financial system and economic growth and inequality. While subject to ample qualifications, the …
Persistent link: https://www.econbiz.de/10013306793
Cover Image
Do real exchange rate appreciations matter for growth?
Bussière, Matthieu; Lopez, Claude; Tille, Cédric - 2014
While the impact of exchange rate changes on economic growth has long been an issue of key importance in international macroeconomics, it has received renewed attention in recent years, owing to weaker growth rates and the debate on "currency wars". However, in spite of its prevalence in the...
Persistent link: https://www.econbiz.de/10010348280