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Purpose – The purpose of this paper is to discuss implications of the global crisis for economic and financial research and policy. Design/methodology/approach – The paper reviews many recent studies on the crisis and offers the author's views on some of the most important lessons to be...
Persistent link: https://www.econbiz.de/10014758943
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This study focuses on the effects of inflation and exchange rate policy on direct investment flows to developing countries. We find that inflation does have a substantial negative effect on capital inflows. Our estimates indicate that this effect can be significantly reduced, but not eliminated,...
Persistent link: https://www.econbiz.de/10005475677
Economists' continuing criticisms of protectionism make a valuable contribution to the general interest element of the forces which operate to keep propensities to protect somewhat in check. McKenzie rightly warns, however, that proposals by economists for giving protection in more efficient...
Persistent link: https://www.econbiz.de/10010864354
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This paper has focused on the extent to which the traditional tools of macroeconomic management in the United States, monetary and fiscal policy, have contributed to a political business cycle. Regardless of whether politicians can successfully influence real economic variables to their own...
Persistent link: https://www.econbiz.de/10010988031
Purpose – The purpose of this paper is to discuss implications of the global crisis for economic and financial research and policy. Design/methodology/approach – The paper reviews many recent studies on the crisis and offers the author's views on some of the most important lessons to be...
Persistent link: https://www.econbiz.de/10008738761
Purpose – There has been significant interest in the classification of exchange rate regimes in order to investigate a wide range of hypotheses. Studies of the effects of exchange rate regimes on crises and other aspects of economic performance can have important implications for policy...
Persistent link: https://www.econbiz.de/10014866851