Similar Search Results

The Coming Wave : Where Do Emerging Market Investors Put Their Money?

Karolyi, George Andrew - 2015

We examine how emerging market (EM) investors allocate their stock portfolios internationally. Using both country-level and institution-level data, we find that the coming wave of EM investors systematically over- and under-weight their holdings in some target countries. These abnormal foreign...

Persistent link: https://www.econbiz.de/10013013596

Rising Wages : Has China Lost its Global Labor Advantage?

Yang, Dennis Tao - 2010

We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …

Persistent link: https://www.econbiz.de/10013141714

The market reaction to cross-border listings : evidence from AH listed firms

Zhang, John Fan - In: China & world economy 30 (2022) 6, pp. 183-218

Persistent link: https://www.econbiz.de/10013472479

Emerging market business cycles : the role of labor market frictions

Boz, Emine; Durdu, Ceyhun Bora; Li, Nan - 2012

Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical...

Persistent link: https://www.econbiz.de/10009659836

Monetization in low- and middle-income countries

McLoughlin, Cameron; Kinoshita, Noriaki - 2012

The degree of an economy's monetization, which has an important implication on economic growth, can be affected by the conduct of monetary policy, financial sector reform, and episodes of financial crises. The paper finds that monetization--measured by the ratio of broad money to nominal GDP--...

Persistent link: https://www.econbiz.de/10009618525

Riding global financial waves : the economic impact of global financial shocks on emerging market economies

Adler, Gustavo; Tovar, Camilo Ernesto - 2012

Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial integration with the rest of the world, arguably turning these economies more vulnerable to global financial shocks; and an improvement of macroeconomic fundamentals, helping...

Persistent link: https://www.econbiz.de/10009620968

Emerging market sovereign bond spreads : estimation and back-testing

Comelli, Fabio - 2012

We estimate sovereign bond spreads of 28 emerging economies over the period January 1998-December 2011 and test the ability of the model in generating accurate in-sample predictions for emerging economies bond spreads. The impact and significance of country-specific and global explanatory...

Persistent link: https://www.econbiz.de/10009621639

How much should I hold? : reserve adequacy in emerging markets and small islands

Mwase, Nkunde - 2012

This paper investigates the drivers of reserves in emerging markets (EMs) and small island (SIs) and develops an operational metric for estimating reserves in SIs taking into account their unique characteristics. It uses quantile regression techniques to allow the estimated factors driving...

Persistent link: https://www.econbiz.de/10009621657

Bond yields in emerging economies : it matters what state you are in

Jaramillo, Laura; Weber, Anke - 2012

While many studies have looked into the determinants of yields on externally issued sovereign bonds of emerging economies, analysis of domestically issued bonds has hitherto been limited, despite their growing relevance. This paper finds that the extent to which fiscal variables affect domestic...

Persistent link: https://www.econbiz.de/10009621689

The role of collateral in sudden stop models

Dong, Bingbing; Wu, Jieran; Young, Eric R. - In: China & world economy 31 (2023) 6, pp. 79-110

Persistent link: https://www.econbiz.de/10014440026

1
2
3
4
5
6
7
8
Next
Last