Diabetic Medicine, EarlyView.Abstract Aims The rising prevalence of diabetes in young adults threatens global health and sustainable development. However, its full macroeconomic impact, especially the welfare losses beyond conventional productivity costs, has not been systematically quantified at a global level. We aimed to estimate the current and future global economic burden of
Hang Guo +3 more
wiley +1 more source
Examining the Evidence of Purchasing Power Parity by Recursive Mean Adjustment [PDF]
This paper revisits the empirical evidence of purchasing power parity under the current float by the recursive mean adjustment (RMA) method (So and Shin, 1999).
Kim, Hyeongwoo, Moh, Young-Kyu
core +1 more source
Climate shocks, democratization and (a culture of) cooperation
Economica, EarlyView.Abstract While the direct economic effects of adverse climate shocks are well known, their indirect institutional impact is still poorly understood. To clarify this, we test the idea that adverse climate shocks push time‐inconsistent elites to enact inclusive political institutions, and non‐elites to embrace strong norms of cooperation.
Giacomo Benati, Carmine Guerriero
wiley +1 more source
Long-run validity of purchasing power parity and rank tests for cointegration for Central Asian Countries [PDF]
This study finds that Purchasing Power Parity holds in the long-run for Azerbaijan, Kazakhstan and Kyrgyzstan, based on Breitung’s (2001) rank tests for cointegration.
Chia, Ricky Chee-Jiun +2 more
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Golden weapons and golden fetters: From the gold standard to the new geopolitics
The Economic History Review, EarlyView.Abstract This paper explores the historical relationship between monetary regimes, security concerns, and geopolitical tensions, particularly focusing on the role of gold. Throughout history, monetary systems have been deeply intertwined with international state systems and security provisions.
Harold James
wiley +1 more source
The Consistency and Transferability of Economic Evaluations of Disease-Modifying Treatments for Multiple Sclerosis: Analysis of Cost-Effectiveness Assessments from Australia, England, Canada and Scotland. [PDF]
Pharmacoecon OpenWang X, Zhao F, Newby D, Gao L, Li S.
europepmc +1 more source
Equilibrium on International Assets and Goods Markets [PDF]
Most of the international asset pricing models are developed in the situation where purchasing power parity (PPP) is not respected. Investors of different countries do not agree on expected security returns.
Cuong Le Van, Patrice Fontaine
core
Managed decline: Muddling through with the Sterling (dis)Agreements, 1968–74
The Economic History Review, EarlyView.Abstract How do policymakers manage the decline of an international currency? This paper revisits the view that the ‘Sterling Agreements’ of 1968–74 – bilateral contracts between the UK and sterling‐holding governments – marked a successful paradigm shift towards sterling's managed ‘retirement’.
Alan de Bromhead +3 more
wiley +1 more source
Purchasing Power Parity Hypothesis in Developing Economies:Some Empirical Evidence from Sri Lanka [PDF]
Purchasing power parity (PPP) hypothesis has attracted a lot of attention from academics and policy-makers particularly, during the recent float. Most previous studies used data from the developed world.
Guneratne Banda Wickremasinghe
core
Building a Potemkin village in occupied China: Japan's wartime system of linked trade, 1939–43
The Economic History Review, EarlyView.Abstract The paper discusses the novel but little‐known exchange rate system of Japanese‐occupied North China during the Second Sino‐Japanese War, in which exporters were given the right to import in the form of a piece of yellow paper, which could be sold in the secondary market.
Shinji Takagi
wiley +1 more source