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Persistent link: https://www.econbiz.de/10012215761
[eng] The Rise and Fall of Sovereign Wealth Accumulation : Causes and Consequences . This paper examines the sources of the rapid build-up in official foreign assets of recent years. Foreign exchange intervention and burgeoning petrodollar receipts -the two main sources of financing for recent...
Persistent link: https://www.econbiz.de/10010792194
[eng] This paper examines the sources of the rapid build-up in official foreign assets of recent years. Foreign exchange intervention and burgeoning petrodollar receipts - the two main sources of financing for recent official outflows - have very different implications for domestic monetary...
Persistent link: https://www.econbiz.de/10010792816
Sustained large U.S. current account deficits have led some economists and policymakers to worry that future current account adjustment could occur through a sudden and disruptive depreciation of the dollar and a sharp drop in U.S. consumption. Two factors that, to date, have cast doubt on such...
Persistent link: https://www.econbiz.de/10008495992
Across much of the developed and developing world the last few years have been marked by protest against institutions and corporations. Much has been said about the significance of these protests, indeed books broadly supportive of anti-corporate protest compete for ratings against management...
Persistent link: https://www.econbiz.de/10009474935
Persistent link: https://www.econbiz.de/10012084931
Across much of the developed and developing world the last few years have been marked by protest against institutions and corporations. Much has been said about the significance of these protests, indeed books broadly supportive of anti‐corporate protest compete for ratings against management...
Persistent link: https://www.econbiz.de/10014932282
Traditional cointegration tests do not provide strong evidence of convergence between EU countries. In this study, fractional cointegration analysis is used to test for convergence between EU members. Fractional cointegration between inflation and between long-term interest rates is found. The...
Persistent link: https://www.econbiz.de/10005511224
A panel of nine Western Hemisphere nations is employed to test the proposition that the remittances of immigrants respond to risk variables, in particular to exchange-rate uncertainty. To estimate annual exchange-rate uncertainty, a nonparametric estimator based on monthly exchange rate returns...
Persistent link: https://www.econbiz.de/10005452011
Persistent link: https://www.econbiz.de/10004999606