Download or read book The Effects of Exchange Rate Variability on Output and Employment written by and published by . This book was released on 1984 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1988-01-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A central proposition regarding effects of different mechanisms of fi-nancing public expenditures is that, under specific circumstances, it makes no difference to the level of aggregate demand if the government finances its outlays by debt or taxation. This so-called Ricardian equivalence states that, for a given expenditure path, substitution of debt for taxes does not affect private sector wealth and consumption. This paper provides a model illustrating the implications of Ricardian equivalence, surveys the litera-ture, considers effects of relaxing the basic assumptions, provides a frame-work to study implications of various extensions, and critically reviews recent empirical work on Ricardian equivalence.
Download or read book Exchange Rate Volatility and Trade Flows Some New Evidence written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-05-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Download or read book Globalization written by Bent Jesper Christensen and published by Springer. This book was released on 2017-03-07 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume uses cutting-edge theory and empirical analysis of channels of international interaction to build new knowledge about strategies of entrepreneurs, domestic and multinational firms, governments, and international organizations facing increasing globalization. The ongoing process of globalization implies the continuing expansion and intensification of economic, political, social, cultural and judicial relations across borders. It is furthered by reductions in transportation and communication costs, the rise of new information technologies, such as the internet, and liberalizations in the markets for goods, services, labor, capital, and technology. Globalization presents new opportunities to some, but risks and threats to others. The volume presents new research and findings by leading scholars on international trade, labor markets, financial markets, economic integration, political science, law, management, the humanities, developing countries, and international relations.
Download or read book Empirical Finance written by Shigeyuki Hamori and published by MDPI. This book was released on 2019-03-25 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no denying the role of empirical research in finance and the remarkable progress of empirical techniques in this research field. This Special Issue focuses on the broad topic of “Empirical Finance” and includes novel empirical research associated with financial data. One example includes the application of novel empirical techniques, such as machine learning, data mining, wavelet transform, copula analysis, and TV-VAR, to financial data. The Special Issue includes contributions on empirical finance, such as algorithmic trading, market efficiency, market microstructure, portfolio theory and asset allocation, asset pricing models, liquidity risk premium, currency crisis, return predictability, and volatility modeling.
Download or read book Misalignment of Exchange Rates written by Richard C. Marston and published by University of Chicago Press. This book was released on 2008-04-15 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists writing on flexible exchange rates in the 1960s foresaw neither the magnitude nor the persistence of the changes in real exchange rates that have occurred in the last fifteen years. Unexpectedly large movements in relative prices have lead to sharp changes in exports and imports, disrupting normal trading relations and causing shifts in employment and output. Many of the largest changes are not equilibrium adjustments to real disturbances but represent instead sustained departures from long-run equilibrium levels, with real exchange rates remaining "misaligned" for years at a time. Contributors to Misalignment of Exchange Rates address a series of questions about misalignment. Several papers investigate the causes of misalignment and the extent to which observed movements in real exchange rates can be attributed to misalignment. These studies are conducted both empirically, through the experiences of the United States, Great Britain, Japan, and the countries of the European Monetary System, and theoretically, through models of imperfect competition. Attention is then turned to the effects of misalignment, especially on employment and production, and to detailed estimates of the effects of changes in exchange rates on several industries, including the U.S. auto industry. In response to the contention that there is significant "hysteresis" in the adjustment of employment and production to changes in exchange rates, contributors also attempt to determine whether the effects of misalignment can be reversed once exchange rates return to earlier levels. Finally, the issue of how to avoid—or at least control—misalignment through macroeconomic policy is confronted.
Download or read book Exchange Rate Volatility and World Trade written by International Monetary Fund and published by International Monetary Fund. This book was released on 1984-07-08 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate variability on trade. Against the background of this concern, the following decision was reached at the ministerial meeting of the General Agreement of Tariffs and Trade (GATT) in November 1982.
Download or read book Inflation Theory anti in h written by George D. Lundberg and published by Routledge. This book was released on 2019-03-13 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conference that is recorded in this volume derived its initial impetus and choice of subject from the Jubilee of the Swedish Riksbank which was being celebrated in 1975. AJ part of that celebration, the International Economic Association was invited to organise a conference on the very topical subject of inflation-a subject of great concern to the banking community in all countries-and the Riksbankens Jubileumsfund bore the largest share of its expenses. We are greatly indebted to Mr Kristen Rickman, Governor of the Sviriges Riksbank, for his interest and support in all the work of the con-ference.
Download or read book The Planned Economies and International Economic Organizations written by Jozef M. Brabant and published by Cambridge University Press. This book was released on 1991-04-26 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive study of the role of socialist countries within the international economic order. The author presents an overview of the emergence of the postwar economic order and examines the key features of three kinds of centrally planned economies. He then analyzes the role of financial frameworks and the international trade system in ensuring smooth economic relations among market-type economies and he details the problems of associating typical CPEs within them. Finally Jozef van Brabant explores the possibility of reconstituting a multilateral economic order that can provide greater security, predictability, stability and reliability in international economic relations. The Planned Economies and International Economic Organizations is written at a time when the Soviet Union and other centrally planned economies are seeking closer links with the mainstream world economy. It will therefore be of interest to governments and institutional economists as well as to students and specialists of Soviet and East European studies, international relations and comparative economics.
Download or read book Econom a Fall 2011 written by Raquel Bernal and published by Brookings Institution Press. This book was released on 2011-11-11 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: Editors' Summary A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America Jeffrey A. Frankel Inflation Targeting in Latin America: Toward a Monetary Union? Marc Hofstetter Is Violence against Union Members in Colombia Systematic and Targeted? Daniel Mejía and María José Uribe The Dynamics of Income Inequality in Mexico since NAFTA Geraldo Esquivel
Download or read book On the Causes and Effects of Real Exchange Rate Variability written by Rogelio Arellano-Cadena and published by . This book was released on 1990 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rate Economics written by Ronald MacDonald and published by Routledge. This book was released on 2005 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: ''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist who wants to be brought up-to-date on theoretical and empirical research on exchange rate behaviour.'' ""Journal of International Economics""
Download or read book Economic Policy in the European Union written by Wim Meeusen and published by Edward Elgar Publishing. This book was released on 1999-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book is a very good consideration of the uncertainties and difficulties involved in the intervention of EU institutions in Europe.' - Dominique Redor, ECSA Review Economic Policy in the European Union analyses the key issues confronting Europe as we enter the 21st century. It focuses mainly on the transition problems linked with the creation of European Monetary Union as well as more specific issues such as social, labour, environmental and science and technology policy.
Download or read book Inflation Theory and Anti Inflation Policy written by Erik Lundberg and published by Springer. This book was released on 1978-01-01 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Exchange Rate Volatility on New Zealand s Exports 1981 1987 written by A. M. G. Coleman and published by . This book was released on 1989 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Institutional Conflicts and Complementarities written by Robert Franzese and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). Institutional Conflicts and Complementarities is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from Institutional Conflicts and Complementarities is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.
Download or read book Palgrave Dictionary of Emerging Markets and Transition Economics written by Jens Hölscher and published by Springer. This book was released on 2015-10-21 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The period of transition from socialism to capitalism in parts of Europe and Asia over the past 25 years has attracted considerable interest in academia and beyond. From the Editors of Palgrave's iconic series 'Studies in Economic Transition' comes the Palgrave Dictionary of Emerging Markets and Transition Economics. This dictionary addresses the needs of students, lecturers and the interested general public to quickly find definitions and explanations of topics, institutions, personalities and processes in this historical phase of changing societies, which as such is not concluded. Today newly emerging market economies try to learn from the experiences of transition economies. Those who love The New Palgrave Dictionary of Economics will enjoy the format of this Dictionary, which uses an encyclopaedia-based approach, where articles not only define the terms but provide an overview of the evolution of the term or theory and also touch on the current debates.
