Similar Search Results

Monetary Impacts and Overshooting of Agricultural Prices in a Transition Economy: The Case of Slovenia

Bakucs, Lajos Zoltan; Bojnec, Stefan; Ferto, Imre - 2006

The paper focus on the time adjustment paths of the exchange rate and agricultural producer and industrial prices in response to unanticipated monetary shocks following model developed by Saghaian et al. (2002). We employ Johansens cointegration test along with a vector error correction model...

Persistent link: https://www.econbiz.de/10009442502

Monetary Impacts and Overshooting of Agricultural Prices in a Transition Economy: The Case of Slovenia

Bakucs, Lajos Zoltan; Bojnec, Stefan; Ferto, Imre - 2007

The paper focus on the time adjustment paths of the exchange rate and agricultural producerand industrial prices in response to unanticipated monetary shocks following modeldeveloped by Saghaian et al. (2002). Results indicate that agricultural prices adjust faster thanindustrial prices to...

Persistent link: https://www.econbiz.de/10009445015

The effect of common currencies on trade

Szebeni, Katalin - 2004

The theory of optimum currency areas states that the more two countries trade with each other, the better candidates they are for a currency union. In terms of the endogeneity argument, convergence follows from joining a currency union and the integration process itself turns the countries into...

Persistent link: https://www.econbiz.de/10009457804

When Capital Inflows Come to a Sudden Stop: Consequences and Policy Options

Calvo, Guillermo A.; Reinhart, Carmen M. - 1999

suddenstop problem less severe. In this regard, we consider the relative merits of capital controlsand dollarization. We conclude …. Dollarization would appear to have the edge as a more marketorientedoption to ameliorate, if not eliminate, the sudden stop problem. …

Persistent link: https://www.econbiz.de/10009450565

Testimony on Dollarization

Calvo, Guillermo A. - 2000

I was invited here to explain about Dollarization, the benefits and costs for the US and thecountries that adopt it … ConnieMack’s proposal). Moreover, I believe global dollarization will have direct economic benefits forthe US, and enhance its … role as a worldwide leader.Dollarization is the decision to abandon the national currency and replace it by the USDollar …

Persistent link: https://www.econbiz.de/10009450720

A functional coefficient model view of the saving-investment relation

Fang Xu - 2007

Two of the most discussed issues triggered by the so called Feldstein-Horioka puzzle in international macroeconomics are: What does the saving-investment (SI) relation really measure and how should the SI relation be measured? The first contribution of this study is to develop a new variant of...

Persistent link: https://www.econbiz.de/10009429004

Is the USA's Current Account Sustainable?

Bubla, Florian - 2003

The extraordinary height of the U.S. current account deficits in the 90s gave rise to concern, a variety of papers and political recommendationsrevealing the very contrary opinions of economists on the subject.From this alarming evolution, the question of sustainability of such a...

Persistent link: https://www.econbiz.de/10009471805

SHORT- AND MEDIUM-TERM DETERMINANTS OF CURRENT ACCOUNT BALANCES IN MIDDLE EAST AND NORTH AFRICA COUNTRIES

Aristovnik, Aleksander - 2007

The main aim of the paper is to examine the short- and medium-term empirical link between current account balances and a broad set of (economic) variables proposed by theoretical and empirical literature. The paper focuses on the Middle East and North Africa (MENA), an economically diverse...

Persistent link: https://www.econbiz.de/10009476893

Valstybės fiskalinė politika Lietuvos einamosios sąskaitos deficitui sumažinti

Izgorodin, Aleksandr - 2009

Izgorodin, A, valstybės fiskalinė politika Lietuvos einamosios sąskaitos deficitui sumažinti: bakalauro baigiamasis darbas: ekonomika. Vilnius, ISM Vadybos ir ekonomikos universitetas, 2009.Šio darbo tikslas yra pasiūlyti fiskalinės politikos priemones Lietuvos ESD sumažinti. Darbe...

Persistent link: https://www.econbiz.de/10009479365

Essays in international finance

Greenwood, Jeremy (1953; King, Robert G.; Stockman, Alan C.

Thesis (Ph. D.)--University of Rochester. Dept. of Economics, 1982.

Persistent link: https://www.econbiz.de/10009482981