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Choices and Consequences
An empirical study of exchange rate regimes based on data compiled from 150 member countries of the International Monetary Fund over the past thirty y...
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financial markets, savings and monetary integration in a world with uncertain convergence : with 22 figures and 63 tables
Paul J.J. Welfens and Holger C. Wolf While the economies of Asia and, more recently, South as well as North America have enjoyed sustained high growth...
The Ultimate Fix?
The effect of the exchange rate regime on inflation and growth is examined. The 30-year data set includes over 100 countries and nine regime types. Pe...
Health outcomes are positively correlated with income, but the link is far from uniform. The key variables associated with good health outcomes (contr...
Employing economic theory, cross-country empirical comparison and case studies, this work analyses the effect of currency boards on inflation, output ...
Using 1970-85 sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables. We identify a demand shift towards...
The transition economies of Eastern Europe almost uniformly experienced a precipitous plunge in savings rates - from levels above 30 percent of GDP to...
A Heretic View From the Interwar Period
Real exchange rate variability tends to be higher under flexible than under fixed exchange rates. The neokeynesian view attributes the higher variabil...
A Genetic Approach to Finding Optimum Currency Areas
Recent moves towards greater monetary integration in Western Europe - and disintegration in Eastern Europe and the former Soviet Union - have rekindle...
In Bulgaria, Hungary, and Poland, the higher the relative household income is, the higher the savings rate is. But, surprisingly, savings rates appear...
A Case Study
We use retail transaction prices for a multinational retailer to examine the extent and permanence of violations of the law of one price (LOOP). For i...
Using 1970-1985 sectoral data for the OECD we find that inflation in nontradable goods is higher than in tradables, We identify a demand shift towards...
Recent studies suggest that intranational trade is "excessive' compared to international trade. An intuitive explanation for this home bias is provide...
Malaria ranks among the foremost health problems in tropical countries. Allowing for reverse causation, malaria is estimated to reduce GDP per capita ...
Post-1945 Europe had many of the traits observed today in Eastern Europe and the Soviet Union: price controls, shortages, black markets and a monetary...
We examine whether the aggregate U.S. business cycle is driven mainly by geographical" shocks (affecting all sectors within a state), or by sectoral s...
Regional Experience and System Reform
A guide to the experiences economic reform since the second world war, and system reform and economic integration across the world in the past decade....
proceedings of the Eleventh World Congress of the International Economic Association, Tunis
Proceedings of the Eleventh World Congress of the International Economic Association, Tunis
This is a guide to the experience of economic reform since the Second World War and system reform and economic integration across the world in the pas...
Proceedings of the Eleventh World Congress of the International Economic Association, Tunis. Macroeconomics and finance. Vol.5
Malaria ranks among the foremost health issues facing tropical countries. In this paper, we explore the determinants of cross-country differences in m...
Societies at all levels of development search continuously for policies that will facilitate growth and at the same time will allow all members of soc...