Similar business fluctuations are considered a necessary condition for the harmonization of economic policies and institutions within countries involved in an economic integration process. This paper deals with the macroeconomic performance of Mercosur countries during the last twenty five...

The paper deals with the macroeconomic behavior of Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay for the period 1970-1997. Its aim is twofold. First, to determine whether their economic fluctuations followed a similar pattern according to their duration, intensity and timing. Second,...

Este trabajo se ocupa de la contribución de las exportaciones a la generación de empleo en Argentina. Nada dice, sin embargo, sobre el mecanismo de transmisión de cómo la expansión afecta al empleo. Sólo construye un modelo de cuatro ecuaciones estructurales en el cual exportaciones,...

The objective of this study is to investigate whether remittances in Macedonia affect poverty and inequality. Using two household surveys, one conducted in 2008, one in 2012, we find that remittances reduce both poverty and inequality. The inequality-reducing effect has been particularly present...

The objective of this paper is to assess if inflation targeting post-communist economies performed better, in terms of output growth, during the crisis than their non-inflation targeting counterparts. The paper also puts the issue in the context of the preconditions of inflation targeters to...

This study investigates if and how different episodes of large net inflows – export boom, remittances, FDIs, or aid – caused Dutch disease in Latin American countries. We investigate this disease – i.e. the decline of manufacturing output – with special reference to the channels through...

The objective of this paper is to test the exchange rate regime – growth nexus in transition economies by looking if and how some inherent characteristics of the transition process might have affected the de-facto classifications of exchange rate regimes. 28 transition countries of Central and...

The objective of this paper is to simulate the effects of two alternative social policies – individual and family in-work benefits – on labour market choices in Macedonia, with special reference to poor and females. To that end, we use ex-ante analysis relying on a combination of a tax and...

The objective of this research is to understand if large gender employment and participation gaps in Macedonia can shed some light on the gender wage gap. A large contingent of inactive women in Macedonia including long-term unemployed due to the transition process, female remittance receivers...

Macedonia has a large diaspora, high emigration rate and large amount of remittances received. The objective of this paper is to describe the current inclination to emigrate from Macedonia, in the light of the dissatisfaction with the domestic political and economic environment and the potential...