Showing 1 - 10 of 146
We employ a two-stage empirical strategy to analyze the impact of macroeconomic news and central bank communication on the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal equilibrium exchange rate based on a monetary model....
Persistent link: https://www.econbiz.de/10011040291
Persistent link: https://www.econbiz.de/10005701466
Persistent link: https://www.econbiz.de/10008925383
Persistent link: https://www.econbiz.de/10001543490
Persistent link: https://www.econbiz.de/10011895333
Persistent link: https://www.econbiz.de/10013422936
Persistent link: https://www.econbiz.de/10013423742
This paper puts the original Reinhart-Rogoff dataset, made public by Herndon et al. (2013), to a formal econometric test to pin down debt thresholds endogenously. We show that the nonlinear relation from debt to growth is not very robust. Taken with a pinch of salt, our results suggest, however,...
Persistent link: https://www.econbiz.de/10009767743
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...
Persistent link: https://www.econbiz.de/10009767760
Persistent link: https://www.econbiz.de/10009689736