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environmental costs associated with them. Critics have argued that economic growth, trade liberalization, and increased primary …
Persistent link: https://www.econbiz.de/10009445524
Periodically, events occur in the domestic and global economies that remind agriculturaleconomists that macroeconomics matter. This was evident in the early 1980s when theFederal Reserve responded to double-digit inflation by driving interest rates to post–World War II period highs. The Asian...
Persistent link: https://www.econbiz.de/10009442694
Introduction to the theory of international trade and finance with applications to current policy issues. From the ….e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance … globalization, free trade agreements, the large current account deficits of the US, the prospects for exchange rates, and the calls …
Persistent link: https://www.econbiz.de/10009432089
These three invited papers examine the role that exchange rates may have in influencingcommodity prices, input prices and farm income. The papers arguably represent one of themost important recent attempts to quantify and explain these new linkages. As U.S. and worldagriculture moves from a...
Persistent link: https://www.econbiz.de/10009446402
Economics
Persistent link: https://www.econbiz.de/10009431915
The classical Heckscher-Ohlin-Mundell paradigm states that trade and capital mobility are substitutes, in the sense … that trade integration reduces the incentives for capital to flow to capital-scarce countries. In this paper we show that … financially developed economies (South), trade and capital mobility are complements. Within a dynamic framework, the …
Persistent link: https://www.econbiz.de/10009431898
The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. From the course home page: Course Description This is the second course in the four-quarter...
Persistent link: https://www.econbiz.de/10009433264
In this study, the forward premium anomaly is revisited. The bias of the forward rate in predicting the future spot rate implies the failure of Uncovered Interest Parity (UIP), the backbone of many economic models in international finance. In analyzing the classical explanations of the puzzle,...
Persistent link: https://www.econbiz.de/10009429059
, inflation, interest rates, exchange rates and international trade. The course is divided into five parts: The first presents the …
Persistent link: https://www.econbiz.de/10009433297
The major objective of this thesis is to investigate whether there exists a stable long run and short run equilibrium relationship between real money balances (M1 or M2) and their determinants in Thailand. A cointegration analysis and the Vector Error Correction Model (VECM) are conducted on...
Persistent link: https://www.econbiz.de/10009434859