1-2期

最新文章

• INTRA-NIE COMPETITION IN EXPORTS OF MANUFACTURES AI翻译
  作者：MUSCATELLI, VA; STEVENSON, AA; MONTAGNA, C
  作者单位：University of Dundee
  摘要：This paper provides empirical evidence on the extent to which the Asian Newly Industrialised Economies (NIEs) compete in world export markets. Our results support existing studies which emphasise the importance of allowing for intra-LDC competition in modelling an individual developing country's exports. Whilst the Asian NIEs are regarded as a model for other developing countries to emulate, one has to consider whether such an expansion in export supply would be at the expense of OECD economie...
• CAN THE MARKOV SWITCHING MODEL FORECAST EXCHANGE-RATES AI翻译
  作者：ENGEL, C
  作者单位：National Bureau of Economic Research; Federal Reserve System - USA
  摘要：A Markov-switching model is fit for 18 exchange rates at quarterly frequencies. The model fits well in-sample for many exchange rates. By the mean-squared-error criterion, the Markov model does not generate superior forecasts to a random walk or the forward rate. There appears to be some evidence that the forecasts of the Markov model are superior at predicting the direction of change of the exchange rate.
• STUDIES IN INTERNATIONAL TAXATION - GIOVANNINI,A, HUBBARD,RG, SLEMROD,J AI翻译
  作者：MUTTI, J
• THE POSSIBILITY OF FACTOR PRICE EQUALIZATION, REVISITED AI翻译
  作者：DEARDORFF, AV
  摘要：This paper derives a condition for factor price equalization (FPE) in a Heckscher-Ohlin model with many goods, factors, and countries. Using Dixit and Norman's integrated world economy (IWE) two sets, called lenses, are constructed: one spanned by the factor vectors used to produce goods in the IWE; the other spanned by the countries' factor endowments, If the factor-endowment lens ever passes outside the factor-use lens, then FPE is impossible. In this sense, therefore, FPE requires that fact...
• GOLDEN FETTERS - THE GOLD STANDARD AND THE GREAT-DEPRESSION - EICHENGREEN,B AI翻译
  作者：BORDO, MD
• THE ALLOCATION OF SEIGNIORAGE IN A COMMON CURRENCY AREA AI翻译
  作者：SIBERT, A
  摘要：This paper considers the allocation of seigniorage in a common currency area with an independent central bank. It is shown that if the central bank retains autonomy in the allocation of seigniorage, inflation will be suboptimally high and taxes and government spending will be suboptimally low. Constitutionally mandating the rate of money growth will result in optimal inflation, but taxes and government spending will be too low. As long as consumers do not put too much weight on public good con...
• PRODUCTIVITY, IMPERFECT COMPETITION AND TRADE REFORM - THEORY AND EVIDENCE AI翻译
  作者：HARRISON, AE
  摘要：Research on productivity often examines the relationship between productivity increases and structural changes in an economy, such as trade policy reform. If, however, policy reforms affect the nature of competition, then the productivity changes associated with trade reform may be mismeasured. Using a panel of manufacturing firms in the Cote d'Ivoire, this paper measures changing profit margins and productivity following a 1985 trade reform. The paper also exploits cross-section differences i...
• POLAND JUMP TO THE MARKET-ECONOMY - SACHS,J AI翻译
  作者：WELLISZ, S
• ANTIDUMPING - HOW IT WORKS AND WHO GETS HURT - FINGER,JM AI翻译
  作者：HINDLEY, B
• OPEN-ECONOMY MACROECONOMICS UNDER IMPERFECT COMPETITION - A 2-COUNTRY MODEL AI翻译
  作者：FENDER, J; YIP, CK
  作者单位：University System of Georgia; Georgia State University
  摘要：This paper constructs a two country macroeconomic model where prices are set by imperfectly competitive firms and wages by trade unions. Unemployment benefit is nominally rigid in at least one country. The effects of monetary expansion under both fixed and flexible exchange rates, and exchange rate changes under fixed rates, are considered. The results change significantly if it is assumed that in one country unemployment benefit is fully indexed.