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This paper examines the effectiveness of capital account policy in terms of its ability to affect the volume and composition of capital flows, relieve pressures on real exchange rates, and foster monetary policy independence. Ten emerging Asian economies are used as case studies to assess the...
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We use a non-linear factor-augmented vector-autoregressive model to evaluate international effects of an unexpected decrease in euro area policy rates. Given the current environment of ultra low or negative interest rates, we especially focus on potential differences in the transmission of the...
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This study shows that neither decoupling CO2 emissions from production, consumption and GDP, nor reducing emission … intensity is good per se. Instead of analyzing decoupling cases, it proposes two orderings: one that balances economy and carbon … decoupling ranking of countries based on production and consumption emissions, and between the ordering that gives priority to …
Persistent link: https://www.econbiz.de/10011757497