A general equilibrium analysis of remittances, labor supply
... What is the role of international remittances in the economic development of recipient countries? This important question is not completely new, and some answers have already been provided by the large literature on aid effectiveness: the effects of remittances depend on how they are used.1 If remit ...
... What is the role of international remittances in the economic development of recipient countries? This important question is not completely new, and some answers have already been provided by the large literature on aid effectiveness: the effects of remittances depend on how they are used.1 If remit ...
Ch 26 PPT
... are more optimistic about a stock's prospects than comparable lower-PE stocks, but the reason for high and low PEs also include the company's growth outlook, the industry the company is engaged in, company accounting policies, and whether the firm is a startup or a more established business. Column ...
... are more optimistic about a stock's prospects than comparable lower-PE stocks, but the reason for high and low PEs also include the company's growth outlook, the industry the company is engaged in, company accounting policies, and whether the firm is a startup or a more established business. Column ...
Short-Term Capital, Economic Transformation, and
... So far, the empirical literature has been concerned mainly with the volatility features of short- versus longer-term capital flows. Claessens, Dooley, and Warner (1993) have been among the first to draw attention to the fact that standard balance of payments labels provide relatively little informat ...
... So far, the empirical literature has been concerned mainly with the volatility features of short- versus longer-term capital flows. Claessens, Dooley, and Warner (1993) have been among the first to draw attention to the fact that standard balance of payments labels provide relatively little informat ...
MAS-ESS Economics Essay Competition 2006
... disconsolate melancholia among investors was also partly responsible for the contagious character of the financial crisis.18 Pure contagion can arise when investors, in making their investment decisions, lump countries in emerging markets together and do not discriminate between sub-regions regardle ...
... disconsolate melancholia among investors was also partly responsible for the contagious character of the financial crisis.18 Pure contagion can arise when investors, in making their investment decisions, lump countries in emerging markets together and do not discriminate between sub-regions regardle ...
Estimation of Export Supply Function for Citrus Fruit in Pakistan
... around US$ 8 billion, during second half of 1990s. [Pakistan (2004)]. It was observed that the late 1970s and early 1980s were periods of considerable instability in world agricultural markets in which fluctuating world market prices, unstable currency exchange and interest rates led to major instab ...
... around US$ 8 billion, during second half of 1990s. [Pakistan (2004)]. It was observed that the late 1970s and early 1980s were periods of considerable instability in world agricultural markets in which fluctuating world market prices, unstable currency exchange and interest rates led to major instab ...
Submited paper
... be defined on the basis of achieving the inflation targeting, and also with the purpose of keeping external balance in the economy. On one hand, the large risk posed by fiscal imbalances to any monetary area stability justifies close rules-based coordination in budgetary policies. But, in the other ...
... be defined on the basis of achieving the inflation targeting, and also with the purpose of keeping external balance in the economy. On one hand, the large risk posed by fiscal imbalances to any monetary area stability justifies close rules-based coordination in budgetary policies. But, in the other ...
ACT 240H1F Sum08 Final Privacy code A 02
... 14. You are buying a $500,000 house in the United States, using a down payment of $20, 000 and, for the balance, an option adjustable rate mortgage (Option ARM, use the description in this question). Under this mortgage, for the first 120 months the interest rate on the debt is 6% per year, compound ...
... 14. You are buying a $500,000 house in the United States, using a down payment of $20, 000 and, for the balance, an option adjustable rate mortgage (Option ARM, use the description in this question). Under this mortgage, for the first 120 months the interest rate on the debt is 6% per year, compound ...
Determinants of demand for international tourist flows to Turkey
... Hence, as relative prices decline, an increase in the quantity of international tourism services imported by a tourist-generating country should be anticipated, other things being equal. Exchange ...
... Hence, as relative prices decline, an increase in the quantity of international tourism services imported by a tourist-generating country should be anticipated, other things being equal. Exchange ...
This PDF is a selection from a published volume from... Research Volume Title: International Dimensions of Monetary Policy
... and early 1980s also analyzed how the behavior of domestic price setting could be affected by openness. Influential work by Dornbusch (1983) linked the desired markup in a monopolistic competition framework to the real exchange rate, and showed how the markup could be expected to decline in response ...
... and early 1980s also analyzed how the behavior of domestic price setting could be affected by openness. Influential work by Dornbusch (1983) linked the desired markup in a monopolistic competition framework to the real exchange rate, and showed how the markup could be expected to decline in response ...
Monetary Policy And Sustainability: The Case of
... short-term policy rates to market rates along the yield curve. Moreover, the limited supply of long-term funding instruments poses particular challenges to close the country’s infrastructure gaps. According to the central bank, “effective transmission of monetary policy requires strengthening credi ...
... short-term policy rates to market rates along the yield curve. Moreover, the limited supply of long-term funding instruments poses particular challenges to close the country’s infrastructure gaps. According to the central bank, “effective transmission of monetary policy requires strengthening credi ...
2 Bangladesh
... ‘Goldman Sachs’ has rated Bangladesh as one of the Next Eleven potential countries after Brazil, Russia, India and China (BRIC), who will influence the world economy. The World Bank has identified Bangladesh as one of the most rapidly growing economy among 31 large developing countries in the recent ...
... ‘Goldman Sachs’ has rated Bangladesh as one of the Next Eleven potential countries after Brazil, Russia, India and China (BRIC), who will influence the world economy. The World Bank has identified Bangladesh as one of the most rapidly growing economy among 31 large developing countries in the recent ...
... Indeed, one aftermath of German reunification was the foreign exchange crisis of September 1992. As we have seen, the tight monetary policy in Germany resulting from German reunification meant that the countries in the ERM were subjected to a negative demand shock that led to a decline in economic g ...
2014 Pilot External Sector Report: Individual Economy
... debt position allows it to offer credible support. The economy as a whole has a net foreign currency asset position, implying that a nominal depreciation of the exchange rate would strengthen Australia’s overall balance sheet. Background. Australia has run current account (CA) deficits for most of i ...
... debt position allows it to offer credible support. The economy as a whole has a net foreign currency asset position, implying that a nominal depreciation of the exchange rate would strengthen Australia’s overall balance sheet. Background. Australia has run current account (CA) deficits for most of i ...
Currency Mismatch, Systemic Risk in Emerging Europe (December 2009)
... with a more severe crisis. On net, we find a positive link between currency mismatch and growth despite the output cost of the recent crisis. Our estimates for the period 1998-2009 indicate that a country that increased its currency mismatch by 6.6 percentage points each year—equal to one standard ...
... with a more severe crisis. On net, we find a positive link between currency mismatch and growth despite the output cost of the recent crisis. Our estimates for the period 1998-2009 indicate that a country that increased its currency mismatch by 6.6 percentage points each year—equal to one standard ...
View content - Economic Research Guardian
... increases, causing output to increase above the natural level of output. Growing labour demand increase wages, and this in turn leads to the shift in aggregate supply in a downward direction. After some time the economy returns to the natural level of output. However, this happens at the expense of ...
... increases, causing output to increase above the natural level of output. Growing labour demand increase wages, and this in turn leads to the shift in aggregate supply in a downward direction. After some time the economy returns to the natural level of output. However, this happens at the expense of ...
intricon corporation
... On May 22, 2007, the Company completed the acquisition of substantially all of the assets, other than real estate, of Tibbetts Industries, Inc. (“Tibbetts”), a privately held designer and manufacturer of components used in hearing aids and medical devices, based in Camden, Maine. The acquisition exp ...
... On May 22, 2007, the Company completed the acquisition of substantially all of the assets, other than real estate, of Tibbetts Industries, Inc. (“Tibbetts”), a privately held designer and manufacturer of components used in hearing aids and medical devices, based in Camden, Maine. The acquisition exp ...
What Drives CNH Market Equilibrium?
... domestic financial system. Other analysts believe that the developments in the CNH market are moving too quickly for the internal markets to catch up even if the policy were intended to liberalize them. Such issues cut to the core of the politics and economics of China’s development program, and are ...
... domestic financial system. Other analysts believe that the developments in the CNH market are moving too quickly for the internal markets to catch up even if the policy were intended to liberalize them. Such issues cut to the core of the politics and economics of China’s development program, and are ...
The Trade, Debt and Finance Nexus
... The economic logic behind simultaneous or phased removal of obstacles to the flows of goods, services and capital (including foreign direct investment) suggests that the expansion of trade needs reliable, adequate and efficient financing, both long-term (for investment in tradable goods and services ...
... The economic logic behind simultaneous or phased removal of obstacles to the flows of goods, services and capital (including foreign direct investment) suggests that the expansion of trade needs reliable, adequate and efficient financing, both long-term (for investment in tradable goods and services ...
Opening Remarks: Empirical Questions in Modeling Inflation and
... are likely to have little impact on longer-run expectations of inflation. However, some have raised concerns that the future behavior of inflation may look different than the past, perhaps because food and energy price increases will no longer be transitory, but will instead become an enduring featu ...
... are likely to have little impact on longer-run expectations of inflation. However, some have raised concerns that the future behavior of inflation may look different than the past, perhaps because food and energy price increases will no longer be transitory, but will instead become an enduring featu ...
The role of manufacturing exports in the economic development of
... b) Manufactures remain the most important products in the international trade of goods: Global exports show that from 1990 to 2011 the manufacturing sector remains the leader in value in the international trade of goods. In terms of exports, manufactured goods answered for 74.4% of the world‟s 1991 ...
... b) Manufactures remain the most important products in the international trade of goods: Global exports show that from 1990 to 2011 the manufacturing sector remains the leader in value in the international trade of goods. In terms of exports, manufactured goods answered for 74.4% of the world‟s 1991 ...
The International Diversification Puzzle is Not as Bad as You Think
... Although there has been rapid growth in international portfolio diversification in recent years, portfolios in many countries remain heavily biased towards domestic assets. For example, foreign assets accounted, on average, for only around 25% of the total value of the assets owned by U.S. residents ...
... Although there has been rapid growth in international portfolio diversification in recent years, portfolios in many countries remain heavily biased towards domestic assets. For example, foreign assets accounted, on average, for only around 25% of the total value of the assets owned by U.S. residents ...
The international diversification puzzle is not as bad
... Although there has been rapid growth in international portfolio diversification in recent years, portfolios in many countries remain heavily biased towards domestic assets. For example, foreign assets accounted, on average, for only around 25% of the total value of the assets owned by U.S. residents ...
... Although there has been rapid growth in international portfolio diversification in recent years, portfolios in many countries remain heavily biased towards domestic assets. For example, foreign assets accounted, on average, for only around 25% of the total value of the assets owned by U.S. residents ...