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the context of globalization - a term typically used to describe the phenomenon of growing international trade and … between growth and volatility has been preserved during the 1990s, both trade and financial integration attenuate this … negative relationship. Specifically, countries that are more open to trade appear to face a less severe tradeoff between growth …
Persistent link: https://www.econbiz.de/10005372759
context of globalization—a term typically used to describe the phenomenon of growing international trade and financial … and volatility has been preserved during the 1990s, both trade and financial integration attenuate this negative … relationship. Specifically, countries that are more open to trade appear to face a less severe tradeoff between growth and …
Persistent link: https://www.econbiz.de/10011026911
rate can impose significant costs on intertemporal trade. The model also shows that a variety of nonlinear relationships is … preferences between goods. In contrast to recent work, our analysis implies that such costs of intertemporal trade may be a …
Persistent link: https://www.econbiz.de/10005401571
International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been … center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in …
Persistent link: https://www.econbiz.de/10010959471
This paper discusses the trade flow effects outside the EEC following the creation of the latter. First, it focuses on … the external effects of European integration on US trade specifically, and continue after that, more in general, with the … induces integration effects on the trade among excluded countries. Then, it discusses the correlation results obtained from …
Persistent link: https://www.econbiz.de/10005661104
Persistent link: https://www.econbiz.de/10005712282
Though China's share of world trade is comparable to that of Japan, little is known about the response of China's trade … to changes in exchange rates. The few estimates available suffer from two limitations. First, the data for trade prices … empirical model explaining the shares of China's exports and imports in world trade in terms of the real effective value of the …
Persistent link: https://www.econbiz.de/10005712652
Allen and Karjalainen (1999) used genetic programming to develop optimal ex ante trading rules for the S&P 500 index. They found no evidence that the returns to these rules were higher than buy-and-hold returns but some evidence that the rules had predictive ability. This comment investigates...
Persistent link: https://www.econbiz.de/10005353017
Persistent link: https://www.econbiz.de/10005357182
Comparative analysis of economic structure and forecasts generated from simultaneous equation, VAR and autoregressive models based on quarterly series from 1966:1 to 2007:3 of UK to those from the stochastic general equilibrium models has provided insights into objective and subjective...
Persistent link: https://www.econbiz.de/10009352791