Open Economies Review
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Why do they JUST DO IT? A Theory of Outsourcing and Working Conditions
Open Economies Review - - 2021
Trade policy and protection in the European Community
Open Economies Review - Tập 4 - Trang 433-456 - 1993
The European Community is the world's largest trading entity. As a result, trade policy in the EC has an important impact on the world economy. This paper evaluates the formulation of trade policy in the EC and assesses the key instruments, both by sector and by target. The relative importance of tariff and non-tariff barriers is emphasised as is the role of anti-dumping. Finally, the impact of th...... hiện toàn bộ
Debt and Private Investment: Does the EU Suffer from a Debt Overhang?
Open Economies Review - Tập 32 - Trang 789-820 - 2021
This paper exploits a panel of 28 European Union (EU) countries between 1995 and 2016 to analyze whether higher debt resulted in lower private investment – the so called debt overhang effect. We deal with the potential endogeneity between private investment and other macroeconomic determinants by applying an instrumental variable approach (GMM). Our results support the debt overhang hypothesis and...... hiện toàn bộ
Exchange Rate Pass-through in a Small Open Economy: the Importance of the Distribution Sector
Open Economies Review - Tập 24 - Trang 853-879 - 2013
The degree of exchange rate pass-through to domestic goods prices has important implications for monetary policy in small open economies with floating exchange rates. Evidence indicates that pass-through is faster to import prices than to consumer prices. Price setting behaviour in the distribution sector is suggested as one important explanation. If distribution costs and trade margins are import...... hiện toàn bộ
Religion and Equity Home Bias
Open Economies Review - Tập 34 - Trang 1015-1038 - 2023
This study aims to examine whether religion influences equity home bias. Large volumes of international portfolio investment and religious characteristics data are obtained from 2001 to 2019. A panel OLS model is used to investigate the relationship between religion and equity home bias. We find that both religiosity and religious hierarchy in a country positively correlate with the level of home ...... hiện toàn bộ
Exchange Rate Forecasting: Results from a Threshold Autoregressive Model
Open Economies Review - Tập 9 - Trang 157-170 - 1998
Structural models of exchange rate determination rarely forecast the exchange rate more accurately than a naive random walk model. Recent innovations in exchange rate modeling indicate that changes in the exchange rate may follow a self-exciting threshold autoregressive model (SETAR). We estimate a SETAR model for various monthly US dollar exchange rates and generate forecasts for the estimated mo...... hiện toàn bộ
Fiscal policy independence in a European Monetary Union
Open Economies Review - Tập 2 Số 2 - Trang 113-136 - 1991
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