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This paper investigates the temporal links between two models of equilibrium exchange rate, namely the behavioral and the fundamental approaches. Our results show that, even though in the long-run they are closely related, important differences are observed for some countries and/or some...
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The current crisis takes place within a long downturn and new debates on the future of growth are emerging. This paper argues that some theoretical insights made by classical economists about the end of economic expansion are relevant for the discussion on the prospects for growth in rich...
Persistent link: https://www.econbiz.de/10011137438
This paper presents some stylized facts about the expansion of the Russian metallurgical industry from the early nineties to the aftermath of the global financial crisis of 2008-2009. It retraces the internationalization of these firms and examines the characteristics of this movement in terms...
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