Results 11 to 20 of about 114,800 (29)
Social Science Research Network, 2008 This paper analyzes the relation between exchange rate volatility and several macroeconomic variables, namely real per capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance, in the ...
Olga Arratibel +2 more
semanticscholar +1 more source
Principles of Policymaking in the European Union: An Economic Perspective
, 2003 How should tasks be divided between the EU and its member states? And what institutional reforms are needed? This paper argues that the single market remains to be better enforced, and this might require further centralisation of tasks. On the other hand,
G. Tabellini
semanticscholar +1 more source
The Interest Rate Exposure of Nonfinancial Corporations
, 2001 Many interest rates are as volatile as exchange rates and thus represent an equally important source of risk for corporations. While this is true not only for financial institutions, but for other corporations as well, little is known about the interest ...
Söhnke M. Bartram
semanticscholar +1 more source
Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls
Social Science Research Network, 2012 We use changes in Brazil’s tax on capital inflows from 2006 to 2011 to test for direct portfolio effects and externalities from capital controls on investor portfolios. The analysis is structured based on information from investor interviews.
semanticscholar +1 more source
Stock market liberalizations: Financial and macroeconomic implications
Social Science Research Network, 2001 The paper presents new evidence on the effects of stock market liberalization on financial and macroeconomic development. Using a panel of 27 countries, liberalization is associated with a short-term increase in real private investment growth of about 14
N. Fuchs-Schündeln, Norbert Funke
semanticscholar +1 more source
Chinese and Indian Stock Market Linkages with Developed Stock Markets
, 2011 This study examines the linkages of the two leading emerging markets i.e. Chinese and Indian market with developed markets. Using daily data from January 2000 to December 2009, the stock market indices of China, India, United States, United Kingdom ...
Gurcharan Singh
semanticscholar +1 more source
Merging Structural and Reduced-Form Models for Forecasting: Opening the Dsge-Var Box
Social Science Research Network, 2019 The post-crisis environment has posed important challenges to standard forecasting models. In this paper, we exploit several combinations of a large-scale DSGE structural model with standard reduced-form methods such as (B)VAR (i.e.
Jaime Martínez-Martín +3 more
semanticscholar +1 more source
Financial Exposure to the Euro Area Before and After the Crisis: Home Bias and Institutions at Home
Social Science Research Network, 2015 This paper investigates whether global investors are over or under exposed to- wards the euro area and the role of home bias and institutions at home in shaping this exposure.
V. Floreani, M. Habib
semanticscholar +1 more source
On the Role of Financial Frictions and the Saving Rate during Trade Liberalizations
, 2010 We study how financial frictions and the saving rate shape the long-run effects of trade liberalization on income, consumption, and the distribution of wealth in financially underdeveloped economies.
Pol Antràs, Ricardo J. Caballero
semanticscholar +1 more source
systemically important financial institutions in Latin america – a Primer
, 2016 Financial institutions show a characteristic risk exposure and vulnerability, making them prone to instability. Financial systems in Latin America, however, were left largely unscathed by the global financial crisis starting in 2008.
Mario García Molina, A. Horsch
semanticscholar +1 more source