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tremendous increase in poverty and income inequality in Central and Eastern Europe (CEE). Much of the literature argues that the …’s economic empowerment: the labour market, education and poverty. Large and complex data sets on peoples’ attitudes and … greater in transition than in OECD countries.On the other hand, once the feminisation of poverty is concerned data on …
Persistent link: https://www.econbiz.de/10009449678
we then combine to arrive at estimates of overall poverty from 1970 to 2000. However, data for the last few years of this … that these estimates are worst case estimates of poverty trends after 1995. An alternative, less pessimistic estimate is … to arrive at overall estimates of inequality and poverty; next we discuss the trends in poverty as derived from our data …
Persistent link: https://www.econbiz.de/10009480492
We study the behavior of real exchange rates in a two-country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...
Persistent link: https://www.econbiz.de/10009440709
Using long-span data on the dollar-sterling and dollar-franc real exchange rates over the past two centuries, we apply the findings of various strands of the recent literature in order to examine the statistical and economic significance of the Harrod-Balassa-Samuelson effect (the effect of...
Persistent link: https://www.econbiz.de/10009440727
This Study addressed the inflation accountingproblem with respect to Greece. This problem had been unaddressed despite the serious implications it may have on micro- and macro-decision making due to the high andpersistent inflation Greece has sustained from 1973 and afterwards.To accomplish the...
Persistent link: https://www.econbiz.de/10009465869
According to the Purchasing Power Parity {(PPP)} theory, real exchange rate fluctuations are mainly caused by transitory shocks. The theory fits well one empirical feature of the data, namely the short-run volatility of real exchange rates, but also implies that shocks should die away in one to...
Persistent link: https://www.econbiz.de/10009475495
world in which all markets clear continuously. …
Persistent link: https://www.econbiz.de/10009475591
In this paper we present an overview of a number of issues relating to the equilibrium exchange rates of transition economies of the former soviet bloc. In particular, we present a critical overview of the various methods available for calculating equilibrium exchange rates and discuss how...
Persistent link: https://www.econbiz.de/10009477512
This paper tests for PPP in a group of seventeen Latin American (LA) countries by applying fractional integration techniques to real exchange rate series. Compared to earlier studies on these economies, this approach has the advantage of allowing for non-integer values for the degree of...
Persistent link: https://www.econbiz.de/10009481424