Showing 1 - 10 of 1,069
Summary In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange...
Persistent link: https://www.econbiz.de/10014608656
in post‐Soviet Russia. Reframes the rhetoric from these global ideals to the local reality of the “development project …” in Russia, interpreting events as a continuing pattern of Western violence in which Americans are implicated as …
Persistent link: https://www.econbiz.de/10014891485
Purpose – Multinational companies are considered “driving forces” of globalization and “prime movers” of global … with German expatriates in Russia. The article examines two particular aspects: the contribution of expatriates in their …/implications – Since the study is restricted to German expatriates in Russia, further comparative research is needed to sustain the …
Persistent link: https://www.econbiz.de/10014701747
Purpose – This paper is aimed at providing the theoretical basis and some empirical implications concerning the effect of the psychological (or “psychic”) distance on the enterprise internationalisation process. The main goal is to examine distance components and their dynamics with the...
Persistent link: https://www.econbiz.de/10014685469
, Russia, India, and China (BRIC), and the study examines penetration in three product categories: beer, hair care, and …/implications – Globalization does not mean the success of global brands as much as success of global firms. In the end, the penetration of local …
Persistent link: https://www.econbiz.de/10014931716
Zusammenfassung Handelsliberalisierung und Globalisierung haben dazu geführt, dass der Welthandel deutlich schneller …Summary Globalization has increased the differential between growth of world trade volumes and growth of world GDP …
Persistent link: https://www.econbiz.de/10014608928
Abstract The paper analyzes the question why the U.S. economy in the 2000:4--2004:3 period was sluggish in light of the large expansionary fiscal and monetary policies that took place. The answer does not appear to be that there were large structural changes in the economy or systematic bad...
Persistent link: https://www.econbiz.de/10014588398
Summary Macroeconomic policy analysis is a challenge for agent-based models because these types of model are generally much elaborated on the specific market levels for partial (micro) markets, but have been of limited use for macroeconomic policy issues due to calibration and “model...
Persistent link: https://www.econbiz.de/10014609201
Summary Planned ‘‘surprise’’ devaluations are often spurred by non-economic circumstances: a rentseeking government; political instability; or the opportunity to put the blame on a predecessor government. In this paper, these aspects are incorporated in the monetary and fiscal policy...
Persistent link: https://www.econbiz.de/10014609461
Purpose – Using quarterly data for a sample of 17 industrial countries, the purpose of this paper is to study asymmetry in the face of monetary shocks compared to government spending shocks. Design/methodology/approach – The paper outlines demand and supply channels determining the...
Persistent link: https://www.econbiz.de/10014863126