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Withstanding great recession like China
Wen, 文一; Wu, Jing - Federal Reserve Bank of St. Louis - 2014
Persistent link: https://www.econbiz.de/10010748402
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Innovation, Diffusion, and Trade: Theory and Measurement
Santacreu, Ana Maria - Federal Reserve Bank of St. Louis - 2014
trade in varieties for the period 1996-2007, I estimate the costs of both domestic innovation and adopting foreign …
Persistent link: https://www.econbiz.de/10011027325
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Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007
Restrepo-Echavarria, Paulina; Ohanian, Lee E.; Wright, … - Federal Reserve Bank of St. Louis - 2013
Theory predicts that capital should flow to countries where economic growth and the return to capital is highest. However, in the post-World War II period, per-capita GDP grew almost three times faster in East Asia than in Latin America, yet capital flowed in greater quantities into Latin...
Persistent link: https://www.econbiz.de/10011027327
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Endogenous Borrowing Constraints and Stagnation in Latin America
Restrepo-Echavarria, Paulina - Federal Reserve Bank of St. Louis - 2013
Latin America has had striking changes in economic performance over time. Following the recession and debt crises of the early 1980’s, consumption declined for about ten years and consumption per-capita in the year 2004 was roughly the same as it was in 1980. This paper studies consumption...
Persistent link: https://www.econbiz.de/10010951613
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Review / Federal Reserve Bank of St. Louis
Federal Reserve Bank of St. Louis - St. Louis, Mo. - 1.1919 -
Persistent link: https://www.econbiz.de/10000358848
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Federal Reserve Bank of St. Louis review
Federal Reserve Bank of St. Louis - St. Louis, Mo. : Research Div. of the Fed. Reserve Bank … - Nachgewiesen 49.1967 -
Persistent link: https://www.econbiz.de/10001378895
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International asset allocation under regime switching, skew and kurtosis preferences
Guidolin, Massimo (contributor);  … - 2005
"This paper proposes a new tractable approach to solving asset allocation problems in situations with a large number of risky assets which pose problems for standard numerical approaches. Investor preferences are assumed to be defined over moments of the wealth distribution such as its skewness...
Persistent link: https://www.econbiz.de/10002977388
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Institutions Do Not Rule: Reassessing the Driving Forces of Economic Development
Wen, 文一; Luo, Jinfeng - Federal Reserve Bank of St. Louis - 2015
We use cross-country data and instrumental variables widely used in the literature to show that (i) institutions (such … countries have entirely different determinants for income levels. In particular, geography, rather than institutions, explains … the income differences among agrarian countries, while institutions appear to matter only for income variations in …
Persistent link: https://www.econbiz.de/10011124402
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Lessons from the evolution of foreign exchange trading strategies
Neely, Christopher J.; Weller, Paul A. - Federal Reserve Bank of St. Louis - 2011
exchange (forex) technical rules in major and emerging markets, the carry trade, and U.S. equities. The results show that forex … does not select carry trade strategies until well into the 1990s, which helps to explain the relatively recent surge in …
Persistent link: https://www.econbiz.de/10009321080