Search Results - subject:"Intertemporal balance"

Integration durch Währungsunion? Der Fall der Euro-Zone

Spahn, Peter - 2012

Old OCA theory recommends to unite homogenous countries so that their macroeconomic interrelations do not pose severe stabilisation problems. New OCA theory rightly criticizes the 1960s flavour of the old approach and believes in the endogenous emergence of an OCA if countries use the facilities...

Persistent link: https://www.econbiz.de/10010310599

Integration durch Währungsunion? Der Fall der Euro-Zone

Spahn, Peter - Forschungszentrum Innovation und Dienstleistung, … - 2012

Persistent link: https://www.econbiz.de/10010982020

Are reserve holdings in emerging Asian countries excessive? - The intertemporal balance perspective

Yan, Ho-Don; Tsong, Ching-Chuan - In: International Journal of Economics and Business Research 6 (2013) 3, pp. 304-323

Under the assumption of intertemporal balance, current foreign reserve holdings should equal the present value of the … sum of future current account and financial account balances. To satisfy the intertemporal balance, a testable condition … violated the intertemporal balance due to accumulating excessive reserves, while for the time period up to 1997.6, prior to the …

Persistent link: https://www.econbiz.de/10010691759

Are reserve holdings in emerging Asian countries excessive? : the intertemporal balance perspective

Yan, Ho-don; Tsong, Ching-chuan - In: International journal of economics and business research 6 (2013) 3, pp. 304-323

Persistent link: https://www.econbiz.de/10010351120

Foreign Capital Inflows and the Current Account Imbalance: Which Causality Direction?

Yan, Ho-don; Yang, Cheng-lang - In: Journal of Economic Integration 23 (2008), pp. 434-461

The ongoing financial globalization has instigated growing concerns on the issue of benefits and costs from free international capital mobility. Past experiences in the emerging market countries indicate that foreign capital inflows could cause persistent current account deficits and lead to...

Persistent link: https://www.econbiz.de/10009415624