Similar Search Results

Test of an inverted J-shape hypothesis between the expected real exchange rate and real output : the case of Ireland

Hsing, Yu - In: International journal of economic sciences and applied … 3 (2010) 1, pp. 39-47

Applying an open-economy macroeconomic model, incorporating the monetary policy reaction function and uncovering interest parity, this paper finds that the expected real exchange rate and real output exhibit an inverted J-shape relationship, suggesting that expected real depreciation increases...

Persistent link: https://www.econbiz.de/10009958051

Argentinean real exchange rate 1900 - 2006 : testing purchasing power parity theory

Bianco, Marcos José dal - In: Estudios de economía 35 (2008) 1, pp. 33-64

short span data, this paper aims to fill a gap in the wide PPP literature by studding a developing country with a long … behavior of its RER and the validity of PPP. To check this, we use a wide set of econometric techniques and found that the PPP … cointegration between the nominal exchange rate and the relative prices. In particular, the Argentinean RER appears to be trend …

Persistent link: https://www.econbiz.de/10009959087

Latin America’s trade and growth patterns, the China factor, and Prebisch’s nightmare

Ros, Jaime - In: Journal of globalization and development 3 (2012) 2, pp. 1-16

This paper examines, with the help of the available literature on North-South models, the paradoxical economic performances within Latin America and the role of China’s phenomenal recent growth in it, which turn the Prebisch-Singer thesis upside down: the terms of trade are moving in favor of...

Persistent link: https://www.econbiz.de/10010147978

Endogenous risk premium and terms of trade shocks : evidence for developing countries

Barone, Sergio; Descalzi, Ricardo - In: Revista de economía 19 (2012) 2, pp. 7-39

Persistent link: https://www.econbiz.de/10010185536

The chaotic economic growth model : China

Jablanovic, Vesna D. - In: Advances in management & applied economics 3 (2013) 4, pp. 89-94

Chaos theory reveals structure in aperiodic, dynamic systems. The number of nonlinear business cycle models use chaos theory to explain complex motion of the economy. The basic aim of this paper is to provide a relatively simple chaotic economic growth model that is capable of generating stable...

Persistent link: https://www.econbiz.de/10010148057

Participation, growth and social poverty : social capital in a homogeneous society

Antoci, Angelo; Sacco, Pier Luigi; Vanin, Paolo - In: The open economics journal 1 (2008), pp. 1-13

We introduce social capital accumulation into a neoclassical model, showing how it differs from physical and human capital accumulation. We take the view that social capital is crucial to the enjoyment of socially provided goods and that it is mainly accumulated by means of participation to...

Persistent link: https://www.econbiz.de/10010080116

Recycling of waste and downgrading of secondary resources in a classical type of production model

Hosoda, Eiji B - In: Journal of economic structures : JES; the official … 1 (2012), pp. 1-232

This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

Persistent link: https://www.econbiz.de/10010081825

Comercio, tipo de cambio real y crecimiento económico

Casares, Enrique R. - In: Estudios de economía 34 (2007) 1, pp. 21-35

We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real...

Persistent link: https://www.econbiz.de/10009959078

The welfare cost of external habits : a quantitative assessment

Gómez, Manuel A. - In: Estudios de economía 37 (2010) 1, pp. 5-26

This paper quantifies the welfare cost of consumption externalities in an endogenous growth model with habit formation. Agent’s utility depends on both current consumption and a reference consumption level determined by economy-wide average past consumption. Although utility may be lower in...

Persistent link: https://www.econbiz.de/10009959110

Eine gemeinsame Arbeitslosenversicherung für den Euroraum

Dullien, Sebastian; Fichtner, Ferdinand - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 79 (2012) 44, pp. 9-15

Ein konjunkturbezogenes Transfersystem für die Mitgliedsländer des Euroraums könnte einen Beitrag dazu leisten, zyklische Ungleichgewichte zwischen den Ländern auszugleichen. Ein solches System wird hier in der konkreten Form einer europäischen Arbeitslosenversicherung vorgeschlagen. Durch...

Persistent link: https://www.econbiz.de/10010079477

1
2
3
4
5
6
7
8
9
10
Next
Last