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The Term Structure of Forward Exchange Premia and the Forecastability of Spot Exchange Rates: Correcting the Errors
Clarida, Richard; Taylor, Mark P - C.E.P.R. Discussion Papers - 1993
This paper challenges the widespread view that forward exchange premia contain little information regarding subsequent … spot rate movements. Using weekly dollar/Deutschmark and dollar/sterling data, we show that spot and forward exchange rates … cointegrating space. Dynamic forecasts indicate that the information in the forward premia can be used to reduce the root mean …
Persistent link: https://www.econbiz.de/10005662140
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The Potato's Contribution to Population and Urbanization: Evidence from an Historical Experiment
Nunn, Nathan; Qian, Nancy - C.E.P.R. Discussion Papers - 2009
We exploit regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas, to estimate the impact of potatoes on Old World population and urbanization. Our results show that the introduction of the...
Persistent link: https://www.econbiz.de/10005039579
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Energy Policy Issues after Privatisation
Newbery, David M G - C.E.P.R. Discussion Papers - 1986
The purpose of this paper is to investigate how energy policy should respond to the changes in the organisation of energy sector associated with privatisation. The paper begins with a brief review of how energy policy was perceived before the 1973 oil shock, and the lessons learned from...
Persistent link: https://www.econbiz.de/10005666940
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Support Group for Ukraine : Activity Report ; The first 18 months
Support Group for Ukraine - 2016
This report provides an account of the activities of the Support Group for Ukraine in the course of its first eighteen months of full operation (from approximately September 2014 to the first half of this year). The Support Group was created in Spring 2014 on the initiative of the President of...
Persistent link: https://www.econbiz.de/10011799478
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Grünbuch zu Dienstleistungen von allgemeinem Interesse : (von der Kommission vorgelegt)
2003
Persistent link: https://www.econbiz.de/10001760362
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Network industries and public service
In: Liberalisation of network industries : economic …, (pp. 57-215). 1998
Persistent link: https://www.econbiz.de/10001517560
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Who Benefits from Regional Trade Agreements? The View from the Stock Market
Moser, Christoph; Rose, Andrew K - C.E.P.R. Discussion Papers - 2011
market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty …
Persistent link: https://www.econbiz.de/10009293663
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Protectionism Isn’t Counter-Cyclic (anymore)
Rose, Andrew K - C.E.P.R. Discussion Papers - 2012
. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post … during cyclic downturns; if anything, they tend to fall. I document this new stylized fact with a wide panel of data, using a …
Persistent link: https://www.econbiz.de/10011083599
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Surprising Similarities: Recent Monetary Regimes of Small Economies
Rose, Andrew K - C.E.P.R. Discussion Papers - 2013
data from more than 170 countries from 2007 through 2012 and find that the macroeconomic and financial consequences of …
Persistent link: https://www.econbiz.de/10011083734
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Why Do Trade Negotiations Take So Long?
Moser, Christoph; Rose, Andrew K - C.E.P.R. Discussion Papers - 2012
the span between the start of trade talks and their conclusion. We use data from 88 regional trade agreements between 1988 …
Persistent link: https://www.econbiz.de/10011083302