Similar Search Results

The volatility of the European capital markets during the curent financial crisis:what are saying the empirical evidences?

Dima, Bogdan; Murgea, Aurora - Volkswirtschaftliche Fakultät, … - 2008

this paper is to find some evidences for the pre/ crisis periods actual shifting in volatility for some major European … markets. The methodology is based on two particular measures of volatility and in structural changes tests. The main output … consists in the thesis that “volatility matters” for an extended financial crisis explanation. …

Persistent link: https://www.econbiz.de/10005620079

A Quantitative Study of Hong Kong's Fiscal Policy

Wong, Chi Shing - Volkswirtschaftliche Fakultät, … - 2012

Given the adoption of the linked exchange rate since October 1983, fiscal policy becomes the only measurement for stabilizing the Hong Kong economy. This paper attempts to establish a framework for evaluating the fiscal effect to prevent the abuse of fiscal measures. The empirical study of Jha...

Persistent link: https://www.econbiz.de/10011111099

Exportinduziertes Wachstum als Chance für die „nächsten Tiger“?

Benner, Maximilian - Volkswirtschaftliche Fakultät, … - 2010

Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing...

Persistent link: https://www.econbiz.de/10011257823

Immigrants and Earnings Inequality: Evidence from Hong Kong

Ou, Dongshu; Kondo, Ayako - Volkswirtschaftliche Fakultät, … - 2012

Using data from 1991 to 2006 in Hong Kong, this paper documents how the distribution of workers’ earnings and the inequality of immigrants’ and natives’ earnings changed over time. We decompose earnings inequality to explore how the changes in immigrants’ share of the labor force have...

Persistent link: https://www.econbiz.de/10011259925

Climate Change, Trade, and Competitiveness: Climate Trade Performance of India, SAARC and Asia Pacific Region

Dinda, Soumyananda - Volkswirtschaftliche Fakultät, … - 2011

This paper examines trade performance of climate friendly goods using some trade indices for India and other Asian countries during 2002 - 2008. Climate friendly goods (CFG) are those goods which have less harmful to environment. Paper identifies India’s performance in CFG trade with other...

Persistent link: https://www.econbiz.de/10011113190

House-price crash and macroeconomic crisis: a Hong Kong case study

Zhang, Hewitt; Hu, Yannan; Hu, Bo - Volkswirtschaftliche Fakultät, … - 2012

The crash of house prices has become an important feature of macroeconomic crisis. We argue that the crash of house prices driven by contractionary monetary policy is not only a reaction, but also accelerates and amplifies the fluctuations of major macroeconomic variables. The impulse response...

Persistent link: https://www.econbiz.de/10011113782

Identifying the Signs of Currency Speculation in Hong Kong's Linked exchange Rate

Li, Kui-Wai - Volkswirtschaftliche Fakultät, … - 2011

This paper identifies the ex ante factors of currency speculation based on the experience of Hong Kong’s three episodes in 1988, 1998 and 2007. The dynamic conditional correlation models are used to study the inter-temporal interactions among the Hang Seng Index, Hang Seng Index futures and...

Persistent link: https://www.econbiz.de/10009370834

Financial sector output and employment in Hong Kong and New York City

He, Dong; Yong, Ivy; Lim, Peter - Volkswirtschaftliche Fakultät, … - 2006

What is the future role for Hong Kong as an international financial centre in China? A few pointers can be found by analysing the role of New York as a national and global financial hub. The financial sector in New York currently employs twice as many people and generates four times as much...

Persistent link: https://www.econbiz.de/10005616971

A Theory of Enclaves

Vinokurov, Evgeny - Volkswirtschaftliche Fakultät, … - 2007

The manuscript represents a comprehensive theory of enclaves and exclaves. The theory comprises both political and economic aspects. It is the first general book on the world’s enclaves and exclaves. Due to its comprehensive and pioneer character, it has a potential to become a book of...

Persistent link: https://www.econbiz.de/10008490550

The Economic strategy for Hong Kong SAR: evidence from productivity and cost analysis

Li, Kui-Wai - Volkswirtschaftliche Fakultät, … - 2005

By using a growth accounting framework for the period 1980-2000, this paper estimates Hong Kong’s total factor productivity and unit labor cost of twenty industries classified into three economic sectors of tradable goods, tradable services and non-tradable services. The results show that Hong...

Persistent link: https://www.econbiz.de/10009647432