Title:Exchange and Interest Rate Channels During a Deflationary Era: Evidence from Japan, Hong Kong and China
Author(s):MEHROTRA, AaronDate:2005Type of Publication:Working PaperSeries/Report no.:BOFIT Discussion PaperAbstract:We examine the role of the exchange and interest rate channels during recent deflation episodes in Japan, Hong Kong and China. We estimate open-economy structural vector autoregressive (SVAR) models for the three economies ...
Title:The Exchange Rate - A Shock-Absorber or Source of Shocks? A Study of Four Open Economies
Author(s):ARTIS, Michael J.; EHRMANN, MichaelDate:2000Type of Publication:Working PaperSeries/Report no.:CEPR Discussion PaperAbstract:The paper provides SVAR estimates for four open economies: the UK, Canada, Sweden and Denmark, making explicit a monetary policy reaction function and taking account of exchange rate targeting practices. The object of the ...
Title:Exchange Rates and Fundamentals: Co-movement, long-run relationships and short-run dynamics
Author(s):BEKIROS, Stelios D.Date:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The present study builds upon the seminal work of Engel and West [2005, Journal of Political Economy 113, 485-517] and in particular on the relationship between exchange rates and fundamentals. The paper discusses the ...
Title:Exchange Rates and Oligopoly
Author(s):HENS, Thorsten; KIRMAN, Alan; PHLIPS, LouisDate:1991Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Exclusionary Pricing and Rebates When Scale Matters
Author(s):KARLINGER, Liliane; MOTTA, MassimoDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We consider an incumbent firm and a more effcient entrant, both
offering a network good to several asymmetric buyers. The incumbent
disposes of an installed base, while the entrant has a network of size zero
at the ...
Title:Exclusive Dealing, Entry and Mergers
Author(s):MOTTA, Massimo; FUMAGALLI, Chiara; PERSSON, LarsDate:2005Type of Publication:Working PaperSeries/Report no.:CEPR discussion papers
Title:Exit from a Monetary Union through Euroization: Discipline without chaos
Author(s):COOPER, RussellDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper studies the role of exit from a monetary union during a debt crisis. A monetary union, such as the European Monetary Union, needs to establish a procedure for exit as a tool to cope with debt default. The paper ...
Title:Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using panel structural VAR analysis and quarterly data from four industrialized countries,
we document that an increase in government purchases leads to an expansion in output and
private consumption, a deterioration in ...
Title:Exploring the Patent Explosion
Author(s):HALL, Bronwyn H.Date:2004Type of Publication:Working PaperSeries/Report no.:NBER Working PaperAbstract:This paper looks more closely at the sources of patent growth in the United States since 1984. It confirms that the increase is largely due to US patenters, with an earlier surge in Asia, and some increase in Europe. Growth ...