Showing 51 - 60 of 1,322
We test a simple model of exchange rate regime choice with data for non-OECD countries covering the period 1980-94. We find the variance of output at home and in potential target countries as well as the correlation between home and foreign real activity are powerful and robust predictors of...
Persistent link: https://www.econbiz.de/10001473991
In this paper we argue that in contrast to the conclusion of Artist and Zhang, there is not much evidence in support of the view that increased exchange rate stability is related to more synchronised business cycles in Europe. This finding may have important consequences, as existing differences...
Persistent link: https://www.econbiz.de/10001474344
The authors argue that in modelling cross-country growth models one should first identify so-called outlying observations. For the data set of Sali-i-Martin, they use the least median of squares (LMS) estimator to identify outliers. As LMS is not suited for inference, they then use reweighted...
Persistent link: https://www.econbiz.de/10001480420
Persistent link: https://www.econbiz.de/10001483421
Persistent link: https://www.econbiz.de/10000835615
Persistent link: https://www.econbiz.de/10000706988
Persistent link: https://www.econbiz.de/10000709266
Persistent link: https://www.econbiz.de/10000709477
Persistent link: https://www.econbiz.de/10000789748
Persistent link: https://www.econbiz.de/10000733059