Results 51 to 60 of about 167,357 (305)
Yuan Real Exchange Rate Undervaluation, 1997-2006. How Much, How Often? Not Much, Not Often [PDF]
, 2008 Yuan real effective exchange rate misalignment is esitimated in a behavioral equilibrium exchange rate (BEER) model for the period 1997 to third quarter 2007. Using the Beveridge-Nelson decomposition a vector error correction model (VECM) of the exchange
Chen, Jeff, Deng, Wende, Kemme, David M.
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International Studies of Economics, EarlyView.ABSTRACT Communication with the market to guide public expectations has become a pivotal monetary policy instrument for central banks worldwide. Therefore, assessing the efficacy of communication in influencing personal expectations is essential for central banks.
Yuying Jin, Sunyao Xia
wiley +1 more source
Near-Rational Exuberance [PDF]
, 2005 We study how the use of judgement or “add-factors” in macroeconomic forecasting may disturb the set of equilibrium outcomes when agents learn using recursive methods. We isolate conditions under which new phenomena, which we call exuberance equilibria,
Bullard, James +2 more
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Temporary VAT Reduction in Vietnam: Consumer Behavior Analysis
International Studies of Economics, EarlyView.ABSTRACT This study investigates the impact of temporary VAT rate changes on consumer behavior in Vietnam, particularly concerning the VAT reduction implemented during 2023–2024. The research analyzes annual survey data and household expenditure reports to assess changes in consumer spending on durable goods during the first half of 2024 (2024 H1 ...
Hang Thi Thu Trinh
wiley +1 more source
A goal programming approach for a joint design of macroeconomic and environmental policies: a methodological proposal and an application to the spanish economy [PDF]
Economic policy needs to pay more attention to environmental issues. This calls for the development of methodologies capable of incorporating environmental as well as macroeconomic goals in the design of public policies.
Carlos Romero +2 more
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Modern Macroeconomics in Practice: How Theory is Shaping Policy [PDF]
Theoretical advances in macroeconomics made in the last three decades have had a major influence on macroeconomic policy analysis. Moreover, over the last several decades, the United States and other countries have undertaken a variety of policy changes ...
Patrick Kehoe, Varadarajan V. Chari
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Forecasting Natural Gas Prices in Real Time
Journal of Applied Econometrics, EarlyView.ABSTRACT This paper provides a comprehensive analysis of the forecastability of the real price of natural gas in the United States at the monthly frequency considering a universe of models that differ in complexity and economic content. We find that considerable reductions in mean‐squared prediction error relative to a no‐change benchmark can be ...
Christiane Baumeister +3 more
wiley +1 more source
Size, openness, and macroeconomic interdependence [PDF]
The curse of dimensionality, a problem associated with analyzing the interaction of a relatively large number of endogenous macroeconomic variables, is a prevailing issue in the open economy macro literature.
Alexander Chudik, Roland Straub
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Protecting Brazil's tropical forest: a CGE analysis of macroeconomic, sectoral, and regional policies [PDF]
The 'deforestation problem' in Brazil consists of a variety of interrelated issues, of which this paper identifies a regional, sectoral and macroeconomic dimension.
Wiebelt, Manfred
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Doing More With Less: Cutting Food Loss and Waste in the EU and Its Impact on Food Security
Sustainable Development, EarlyView.ABSTRACT In September 2025, the European Parliament and Council signed the law of the Revision of the EU waste framework directive, which includes also reductions for food loss and waste (FLW). This comes at a time of concern over the EU's strategic autonomy for its agrifood sector.
George Philippidis +3 more
wiley +1 more source