Similar Search Results

A gazdagsági stagnálás 'színe' és fonákja: Jó az exporttöbblet és az adósságcsökkenés, de rossz a tőkekiáramlás és a beruházás-visszaesés?

Halpern, László; Oblath, Gábor - 2014

as by the fall in external indebtedness of both the private sector and the country as a whole. However, it is the poor …

Persistent link: https://www.econbiz.de/10010494582

A gazdagsági stagnálás „színe” és fonákja : jó az exporttöbblet és az adósságcsökkenés, de rossz a tőkekiáramlás és a beruházás-visszaesés?

Halpern, László; Obláth, Gábor - 2014

as by the fall in external indebtedness of both the private sector and the country as a whole. However, it is the poor …

Persistent link: https://www.econbiz.de/10010359973

The overhang hangover

Imbs, Jean; Rancière, Romain - Department of Economics and Business, Universitat … - 2005

We revisit the debt overhang question. We first use non-parametric techniques to isolate a panel of countries on the downward sloping section of a debt Laffer curve. In particular, overhang countries are ones where a threshold level of debt is reached in sample, beyond which (initial) debt ends...

Persistent link: https://www.econbiz.de/10005707944

The role of macroeconomic shocks in banking crises

Pesola, Jarmo - Suomen Pankki - 2001

percentage change in GDP, an income surprise variable combined with lagged aggregate indebtedness, a real interest rate surprise … variable combined with lagged aggregate indebtedness, and a deregulation dummy. The innovation in this paper is the use of … surprise variables based on macroeconomic forecasts. According to the results, high indebtedness combined with negative …

Persistent link: https://www.econbiz.de/10005648837

Szorításban : KGST-kapcsolataink utolsó három éve

Antalóczy, Katalin - In: Közgazdasági szemle : a magyar Tudományos Akadémia … 39 (1992) 6, pp. 579-602

Persistent link: https://www.econbiz.de/10001124989

Voting by Committees with Exit

Berga, Dolors; Gustavo Berganti?s; Jordi … - Departament d'Economia i Història Econòmica, … - 2002

We study the problem of a society choosing a subset of new members from a finite set of candidates (as in Barber?Sonnenschein, and Zhou, 1991). However, we explicitly consider the possibility that initial members of the society (founders) may want to leave it if they do not like the resulting...

Persistent link: https://www.econbiz.de/10005582717

Análisis del Tipo de Cambio Real: Chile 1986-1999

Cerda, Rodrigo; Donoso, Álvaro; Lema, Aldo - In: Latin American Journal of Economics-formerly Cuadernos … 42 (2005) 126, pp. 329-356

This paper incorporates demand and supply fundamentals in the determination of the Real Exchange Rate (RER). We are able to confirm the negative influence of the ratio expenditure-PIB and the terms of trade on RER, but in addition we find robust evidence

Persistent link: https://www.econbiz.de/10005510187

Are the Central and Eastern European Transition Countries still vulnerable to a Financial Crisis? Results from a Multivariate Logit Analysis

Linne, Thomas; Bruggermann, Axel - Royal Economic Society - RES - 2003

The aim of the paper is to analyse the determinants of financial crises in a sample of nine transition countries in Central and Eastern Europe with a modified logit model. The modification takes explicitly into account the rare event characteristic of a currency crisis. Our results suggest that...

Persistent link: https://www.econbiz.de/10005232513

Kelet-közép európai devizaárfolyamok elõrejelzése határidõs árfolyamok segítségével

Darvas, Zsolt; Schepp, Zoltán - Közgazdaságtudományi Kar, Pécsi Tudományegyetem - 2007

Írásunkban azt vizsgáljuk, hogy a hosszú lejáratú határidõs árfolyamok stacionaritását feltételezõ hibakorrekciós modellek, amelyek korábbi számítások szerint a világ devizapiaci forgalmának mintegy 75%-át kitevõ fejlett ipari országokra alkalmazva kitûnõ mintán...

Persistent link: https://www.econbiz.de/10008578165