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Introduction to the theory of international trade and finance with applications to current policy issues. From the course home page: Course Description The course will help us understand what determines the flow of goods across countries, i.e. international trade, and what determines the flow of...
Persistent link: https://www.econbiz.de/10009432089
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The Bogor Declaration of 1994 proposed free trade in the Asia Pacific region by the year 2020. If implemented as announced, this program will have important implications for the world economy over the next few decades. This paper uses a new dynamic multi-sector global model called the...
Persistent link: https://www.econbiz.de/10009451578
The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat...
Persistent link: https://www.econbiz.de/10009438702
This thesis explores the important link between macroeconomic dynamics and the financial sector. The first essay studies Epstein-Zin preferences, which are found to be able to account for both aggregate macroeconomic dynamics and asset prices. In the first essay, I compare different solution...
Persistent link: https://www.econbiz.de/10009438768
The episodes of financial crises in many parts of the world during the 1990s have sparked interest in identifying channels through which such crises spread from one country to another. Researchers have identified several factors that may have sparked and induced contagion. This study further...
Persistent link: https://www.econbiz.de/10009441798
Bio:Chris Robinson studied economics at the London School of Economics and the University of Chicago, and has been a faculty member at the University of Western Ontario since 1977. His research has focused on human capital and wage issues including human capital specificity, labour supply,...
Persistent link: https://www.econbiz.de/10009447214
The Zambian economy has grown relatively fast over the last decade. This article discusses the challenge of using these growing resources effectively to improve the welfare of the population and reduce poverty. The poverty head count index is found to have declined between 1998 and 2004 by about...
Persistent link: https://www.econbiz.de/10009467517
This paper investigates the primacy of foreign direct investment inflows in liberalizing China’s economy and whether the long-term gains from economic openness will justify its inefficient energy uses and growing regional income disparities. By examining the history of FDI inflows in China, it...
Persistent link: https://www.econbiz.de/10009468741
Recent spikes in oil prices have thrown light on how economic activity in emerging markets may be impacted by oil price shocks. This paper conducts an empirical analysis of the effect of oil price shocks on emerging markets. It tests for the existence of an asymmetrical relationship between oil...
Persistent link: https://www.econbiz.de/10009468742