Browsing by Subject "F4"

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Browsing by Subject "F4"

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    Title: International Financial Integration of South-Mediterranean Economies: A bird's-eye view  Author(s): PEETERS, Marga; SABRI, Nidal R. Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: Should South-Mediterranean economies continue their financial integration in the world economy, considering their current stance and in view of the experiences of developed economies with the global financial crisis? The ...
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    Title: An Estimated DSGE Model of a Small Open Economy within the Monetary Union: Forecasting and structural analysis  Author(s): MARCELLINO, Massimiliano; RYCHALOVSKA, Yuliya Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: In this paper we lay out a two-region DSGE model of an open economy within the European Monetary Union. The model, which is built in the New Keynesian tradition, contains real and nominal rigidities such as habit formation ...
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    Title: Productivity Growth, Bounded Marginal Utility, and Patterns of Trade  Author(s): SAURE, Philip Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: The workhorse model of the New Trade Theory fails to explain four strong and central patterns of postwar trade data. These patterns are, first, the massive increase in trade volumes, second, the small fraction of traded ...
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    Title: Productivity Growth, Bounded Marginal Utility, and Patterns of Trade  Author(s): SAURE, Philip Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The workhorse model of the New Trade Theory fails to explain four strong and central patterns of postwar trade data. These patterns are, first, the massive increase in trade volumes, second, the small fraction of traded ...
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    Title: The Role of Expectations in Sudden Stops  Author(s): MERTENS, Karel Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper presents a flexible-price small open economy model with a “peso problem” in productivity states. Agents rationally adjust their beliefs about future productivity growth after the arrival of news. A downward ...