Results 91 to 100 of about 26,212 (181)
PSL Quarterly Review, 2012 The paper reviews the area of the international financial architecture relating to sovereign crisis resolution. It is argued that shifting part of the burden of crisis resolution onto creditors may encourage debtor countries to take early action to ...
Curzio Giannini
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Specification testing in nonlinear and nonstationary time series autoregression
, 2009 This paper considers a class of nonparametric autoregressive models with nonstationarity. We propose a nonparametric kernel test for the conditional mean and then establish an asymptotic distribution of the proposed test. Both the setting and the results
Gao, Jiti +3 more
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Moneta e Credito, 2014 Several economic and political problems have arisen from the fall in commodity prices over the last ten years. The existing international commodity agreements, while useful, in practice face several difficulties.
D.J. MORGAN
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Moneta e Credito, 2012 The paper reviews the area of the international financial architecture relating to sovereign crisis resolution. It is argued that shifting part of the burden of crisis resolution onto creditors may encourage debtor countries to take early action to ...
Curzio Giannini
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Optimum currency areas: a policy view
PSL Quarterly Review, 2012 Since the mid-1990s new developments in the theory of optimum currency areas have set forth an equilibrium approach that, in contrast with the traditional view stemming from Robert Mundell's seminal paper, considers the optimality criteria as the ...
Filippo Cesarano
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PSL Quarterly Review, 2014 The article is a rejoinder to Oscar Altman’s “Professor Triffin’s Diagnosis of International Liquidity and Proposals for Expanding the Role of the IMF”, in the nature of a rebuttal with the author concentrating on points of disagreement. The author first
R. TRIFFIN
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Sharing the burden of international adjustment
PSL Quarterly Review, 2013 The article considers cases in which several countries exhibit balance of payments imbalances simultaneously and discusses the problem of who should adjust whenever such multiple imbalances arise.
U. SACCHETTI
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A modest step towards fixed parities
PSL Quarterly Review, 2013 Many authors welcomed the shift to floating exchange rates as they expected it to result in lower inflation, unemployment and balance of payments disequilibria.
R. OSSOLA
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Prosperity and Stagnation in Capitalist Economies [PDF]
The KMG growth dynamics in Chiarella and Flaschel (2000) assume that wages, prices and quantities adjust sluggishly to disequilibria in labor and goods markets.
Peter Flaschel +2 more
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