Showing 1 - 10 of 301
This paper investigates the empirical significance of push- and pull factors of different types of capital flows - FDI, portfolio and "others" (including loans) - to emerging market and developing economies. Based on an extensive quarterly mixed time-series panel dataset for 32 emerging market...
Persistent link: https://www.econbiz.de/10012314337
On November 08, 2016, India took a decisive step towards going "cashless" by suddenly announcing withdrawal of its existing currency notes of two highest denominations, namely, the Rs. 500/= and the Rs. 1000/=. The move, announced with a suddenness that took the entire nation by surprise, had at...
Persistent link: https://www.econbiz.de/10011731447
This paper provides a new perspective on the exchange rate disconnect puzzle by referring to the expectations building mechanism in foreign exchange markets. Therefore, we analyze the role of expectations regarding macroeconomic fundamentals for expected exchange rate changes. In doing so, we...
Persistent link: https://www.econbiz.de/10012435503
Evidence on the effectiveness of FX interventions in the prevailing higher frequency approaches leaves a gap at horizons going beyond a few days. This is addressed by identifying a structural vector autoregressive model for the daily frequency with an external instrument. Using Japanese data, we...
Persistent link: https://www.econbiz.de/10012232128
Persistent link: https://www.econbiz.de/10014425871
Persistent link: https://www.econbiz.de/10011552657
Persistent link: https://www.econbiz.de/10011809652
The Interference of liberal principles and the reintroduction of a market economy have changed the structure and the organization of the productive system of centrally planned and administered countries (NOVE, 1981; ANDREFF, 2007). The new forms of industrial organization, which are the source of...
Persistent link: https://www.econbiz.de/10011479443
perspective, both dangers should be taken into account, and transition to renewable energies is the only remedy for both. However …, the optimal speed of this transition depends on temporal dynamics of both threats that is highly uncertain at this moment … possible to conclude that while renewable energies represent a remedy, full transition will not be easy. …
Persistent link: https://www.econbiz.de/10011505807
, adaptation may be impossible and shock will persist. This took place in early 1990es in the former USSR, where after transition …
Persistent link: https://www.econbiz.de/10011505809