Narrow search
Showing 1 - 10 of 2,694
Cover Image
Choques a la cuenta corriente de la balanza de pagos: Alguna evidencia para Argentina
Lanteri, Luis N. - 2018
, such as the terms of trade (the Harberger-Laursen-Metzler effect-HLM), supply shocks (productivity), demand shocks (real … positively, as the improvements in the productivity and in the public saving (lower consumption). …
Persistent link: https://www.econbiz.de/10012057273
Cover Image
Choques a la cuenta corriente de la balanza de pagos : alguna evidencia para Argentina
Lanteri, Luis N. - 2018
, such as the terms of trade (the Harberger-Laursen-Metzler effect-HLM), supply shocks (productivity), demand shocks (real … positively, as the improvements in the productivity and in the public saving (lower consumption). …
Persistent link: https://www.econbiz.de/10012020003
Cover Image
Choques a la cuenta corriente de la balanza de pagos : alguna evidencia para Argentina
Lanteri, Luis N. - In: Atlantic review of economics : AROE 1 (2018) 3
, such as the terms of trade (the Harberger-Laursen-Metzler effect- HLM), supply shocks (productivity), demand shocks (real … positively, as the improvements in t he productivity and in the public saving (lower consumption). …
Persistent link: https://www.econbiz.de/10011961168
Cover Image
Efecto Harberger-Laursen-Metzler: Evidencia para Argentina (1986-2014)
Lanteri, Luis N. - In: Atlantic Review of Economics 2 (2015), pp. 1-21
This paper analyzes the link between the current account and the terms of trade, in the case of Argentina's economy. SVAR models with long-term restrictions and annual data covering the period 1986-2014 are used. The response functions suggest a positive reaction from the current account to...
Persistent link: https://www.econbiz.de/10011536993
Cover Image
Efecto Harberger-Laursen-Metzler : evidencia para Argentina (1986-2014)
Lanteri, Luis N. - In: Atlantic review of economics : AROE 2 (2015)
This paper analyzes the link between the current account and the terms of trade, in the case of Argentina's economy. SVAR models with long-term restrictions and annual data covering the period 1986-2014 are used. The response functions suggest a positive reaction from the current account to...
Persistent link: https://www.econbiz.de/10011454219
Cover Image
The Harberger-Laursen-Metzler Effect: Evidence from Pakistan
Idrees, Tayyaba; Tufail, Saira - In: Lahore Journal of Economics 17 (2012) 2, pp. 87-110
According to the Harberger-Laursen-Metzler (HLM) effect, an exogenous temporary increase in the terms of trade leads to an improvement in the current account balance. This paper uses a recursive vector autoregression to investigate empirically the existence of the HLM effect in Pakistan, using a...
Persistent link: https://www.econbiz.de/10010905739
Cover Image
Fiscal Policy and Macroeconomic Imbalances
Baldacci, Emanuele; Gupta, Sanjeev; Mulas-Granados, Carlos - Banca d'Italia - 2014
The volume collects the essays presented at the 15th Workshop on Public Finance organised by Banca d'Italia in Perugia from 4 to 6 April 2013. The workshop focused on the link between fiscal policy and macroeconomic imbalances and comprised four sessions. The first session concentrated on the...
Persistent link: https://www.econbiz.de/10011277938
Cover Image
Productivity shocks, budget deficits and the current account
Bussière, Matthieu; Fratzscher, Marcel; Müller, Gernot J. - 2005
Deficits" discussion of the 1980s. In contrast, during the 1990s productivity growth has been identified as the primary cause … importance of budget deficits and productivity shocks for the determination of the current account. Using a sample of 21 OECD … current account, while country-specific productivity shocks appear to play a key role. …
Persistent link: https://www.econbiz.de/10011604555
Cover Image
Fiscal devaluation in a monetary union
Engler, Philipp; Ganelli, Giovanni; Tervala, Juha; … - 2014 - This version: 12.11.2013
Between 1999 and the onset of the economic crisis in 2008 real ex-change rates in Greece, Ireland, Italy, Portugal and Spain appreciated relative to the rest of the euro area. This divergence in competitiveness was reflected in the emergence of current account imbalances. Given that exchange...
Persistent link: https://www.econbiz.de/10010235320
Cover Image
Fiscal devaluation in a Monetary Union
Engler, Philipp; Ganelli, Giovanni; Tervala, Juha; … - 2013
Between 1999 and the onset of the economic crisis in 2008 real exchange rates in Greece, Ireland, Italy, Portugal and Spain appreciated relative to the rest of the euro area. This divergence in competitiveness was reflected in the emergence of current account imbalances. Given that exchange rate...
Persistent link: https://www.econbiz.de/10010221275