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Persistent link: https://www.econbiz.de/10011986121
We study the effects of oil prices on consumption across countries and U.S. states, by exploiting the time-series and … positive effects on consumption in oil-importing economies, while depressing consumption in oil-exporting economies. We also …
Persistent link: https://www.econbiz.de/10012126165
-labelling Strategy -- Chapter 11. ‘Take a Stand’: The Importance of Social Sustainability and Its Effect on Generation Z Consumption of … Encourage Sustainable Luxury Fashion Consumption./. … of which can be linked to the broader theme of SDG12: Responsible Production and Consumption. Thus, the book not only has …
Persistent link: https://www.econbiz.de/10013341719
The purpose of this paper is to establish a positive correlation between property rights and economic freedom. It seeks to demonstrate that property rights lead to economic freedom. From a purely theoretical perspective, it has been assumed that greater access to property rights leads to...
Persistent link: https://www.econbiz.de/10012437721
We examine the relative ability of simple inflation targeting (IT) and price level targeting (PLT) monetary policy rules to minimize both inflation variability and business cycle fluctuations in Canada for shocks that have important consequences for global commodity prices. We find that...
Persistent link: https://www.econbiz.de/10009546871
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The recovery in private business investment globally remains extremely weak more than seven years after the financial crisis. This paper contributes to the ongoing policy debate on the factors behind this weakness by analyzing the role of growth prospects and uncertainty in explaining...
Persistent link: https://www.econbiz.de/10011422052
Many policy-makers and researchers view the recent financial and real economic crises across North America, Europe and beyond as a global phenomenon. Some have argued that this global recession has a common source: the U.S. financial crisis. This paper investigates the extent to which a credit...
Persistent link: https://www.econbiz.de/10011280030
Persistent link: https://www.econbiz.de/10011309078
Guided by a macroeconomic model in which non-energy commodity prices are endogenously determined, we apply a new factor-based identification strategy to decompose the historical sources of changes in commodity prices and global economic activity. The model yields a factor structure for commodity...
Persistent link: https://www.econbiz.de/10010385286