Search Results - subject:"Competitive Devaluation"

Distributional effects of exchange rate depreciations: Beggar-thy-neighbour or beggar-thyself?

Fisera, Boris - 2023

While it is often argued that exchange rate depreciation has a beggar-thy-neighbour effect, in this paper, we investigate, whether exchange rate depreciation has a beggarthyself effect. Specifically, we explore the distributional consequences of Exchange rate movements. Using a heterogeneous...

Persistent link: https://www.econbiz.de/10014494932

Distributional effects of exchange rate depreciations : beggar-thy-neighbour or beggar-thyself?

Fisera, Boris - 2023

Persistent link: https://www.econbiz.de/10014250367

Quantitative easing in Joseph's Egypt with Keynesian producers

Campbell, Jeffrey R. - 2014

This paper considers monetary and fiscal policy when tangible assets can be accumulated after shocks that increase desired savings, like Joseph's biblical prophecy of seven fat years followed by seven lean years. The model's flexible-price allocation mimics Joseph's saving to smooth consumption....

Persistent link: https://www.econbiz.de/10011460664

Quantitative Easing in Joseph's Egypt with Keynesian Producers

Campbell, Jeffrey R. - Federal Reserve Bank of Chicago - 2014

This paper considers monetary and fiscal policy when tangible assets can be accumulated after shocks that increase desired savings, like Joseph's biblical prophecy of seven fat years followed by seven lean years. The model’s flexible-price allocation mimics Joseph’s saving to smooth...

Persistent link: https://www.econbiz.de/10011099911

Do export price elasticities support tensions in currency markets? Evidence from China and six OECD countries

Aiello, Francesco; Bonanno, Graziella; Via, Alessia - Volkswirtschaftliche Fakultät, … - 2014

The empirical literature on trade imbalances does not make currency tensions easy to understand, because tensions across traders originate from the assumption that export-price elasticity is high. This paper provides new evidence by analysing the export-behaviour of China, France, Germany,...

Persistent link: https://www.econbiz.de/10011114508

DO EXPORT PRICE ELASTICITIES SUPPORT TENSIONS IN CURRENCY MARKETS? EVIDENCE FROM CHINA AND SIX OECD COUNTRIES

Aiello, Francesco; Bonanno, Graziella; Via, Alessia - Dipartimento di Scienze Economiche, Statistiche e … - 2014

Persistent link: https://www.econbiz.de/10010783632

Quantitative easing in Joseph's Egypt with Keynesian producers

Campbell, Jeffrey R. - 2014

Persistent link: https://www.econbiz.de/10010439794

G-20: Global Issues and Challenges

Iqbal, Badar Alam - In: Transnational Corporations Review 4 (2012) 1, pp. 72-80

The Group 20 is a group of economies comprising of developed and emerging economies. It is vital economic forum to deal with global issues that the world is facing. It also provides or creates a consensus on the emerging issues that may have far reaching sequences and impacts on the development...

Persistent link: https://www.econbiz.de/10010575152

Learning by Devaluating: A Supply-Side Effect of Competitive Devaluation

Tervala, Juha - 2011

-increasing skill level, at the expense of the neighbour, by competitive devaluation engineered through low interest rates. If measured … by the cumulative change in output after 12 quarters, LBD increases the harmful effect of competitive devaluation on …). Moreover, a combination of a high crosscountry substitutability and a sufficiently strong LDB effect implies that competitive …

Persistent link: https://www.econbiz.de/10012503021

Learning by Devaluating: A Supply-Side Effect of Competitive Devaluation

Tervala, Juha - Turun Kauppakorkeakoulu, Turun Yliopisto - 2011

Persistent link: https://www.econbiz.de/10009318853