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The Country Opinion Survey in Gabon assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Gabon perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private...
Persistent link: https://www.econbiz.de/10012564630
We study the impact of Japanese foreign exchange intervention on the volatility of the yen/dollar exchange rate since … show that the success of interventions varies over time. Measured on the total sample between 1991 and 2003 the estimation … results for the impact of foreign exchange intervention on the yen/dollar exchange rate volatility are inconclusive. Sub …
Persistent link: https://www.econbiz.de/10005556654
The International Comparison Program (ICP) is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission. It produces comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates across...
Persistent link: https://www.econbiz.de/10012644294
Using nonlinear unit root tests developed by Kapetanios et al. (2003), we find strong evidence that the Consumer Price Index (CPI) and Wholesale Price Index (WPI) based Malaysian Ringgit – U.S. Dollar (MYR/USD) real exchange rates are nonlinear stationary, implying that MYR/USD nominal...
Persistent link: https://www.econbiz.de/10005124933
Using nonlinear unit root tests developed by Kapetanios et al. (2003), we find strong evidence that the Consumer Price Index (CPI) and Wholesale Price Index (WPI) based Malaysian Ringgit – U.S. Dollar (MYR/USD) real exchange rates are nonlinear stationary, implying that MYR/USD nominal...
Persistent link: https://www.econbiz.de/10005124941
This study proposes an alternative procedure for modelling exchange rates behaviour, which is a linear combination of a long-run function and a short-run function. Our procedure involves modelling of the long- run relationship and this is followed by the short-run function. Among all the...
Persistent link: https://www.econbiz.de/10005408205
balance. By examining the trade balances between ASEAN-5 countries and Japan for the sample period from 1986 to 1999, this …, Thailand and the Philippines during the period of study, with respect to Japan. Thus, in order to cope with trade deficits, the …
Persistent link: https://www.econbiz.de/10005119300
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
This Systematic County Diagnostics is organized into six parts. The first part presents a brief overview of the country's recent socio-political and economic context. The second part examines the links between poverty, income distribution and economic growth, through the labor market, against...
Persistent link: https://www.econbiz.de/10012644567
. Further large flows in March and April into liquid Indonesian financial assets reversed during the volatility in global … volatility in global financial conditions and uncertain developed economy outlook has increased the near term downside risks to …
Persistent link: https://www.econbiz.de/10012645686