A Two-Country NATREX Model for the Euro/Dollar
Marianna Belloc,Daniela Federici +1 more
TLDR
In this paper, a NATREX model for two large economies, the Eurozone and the United States, was developed for explaining the medium-long term dynamics of the real exchange rate in a number of industrial countries.About:
This article is published in Journal of International Money and Finance.The article was published on 2010-03-01 and is currently open access. It has received 81 citations till now. The article focuses on the topics: Exchange rate & Liberian dollar.read more
Citations
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The Structure of the American Economy
TL;DR: In this article, the authors explore the relationship between input-output accounts and the national revenue function and derive an economy's revenue function for an arbitrary Leontief technology for the American economy.
Journal ArticleDOI
Productive government expenditure and economic growth
Andreas Irmen,Johanna Kuehnel +1 more
TL;DR: A comprehensive survey of the recent literature on the link between productive government expenditure and economic growth can be found in this article, where an understanding of the core results and the ensuing contributions can be gained from the study of their respective Euler equations.
Posted ContentDOI
Does Fertility Respond to Financial Incentives
TL;DR: In this paper, the authors put forward an identification strategy that relies on the fact that variation of wages induces variation in benefits and tax credits among "comparable" households, and implemented this approach by estimating a discrete choice model of female participation and fertility, using individual data from the French Labor Force Survey and a fairly detailed representation of the French tax-benefit system.
Posted Content
“Every Catholic Child in a Catholic School”: Historical Resistance to State Schooling, Contemporary Private Competition, and Student Achievement across Countries
Martin R. West,Ludger Woessmann +1 more
TL;DR: The authors show that large shares of privately operated schools lead to better student achievement in mathematics, science, and reading and to lower total education spending, even after controlling for current Catholic shares.
References
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A simple estimator of cointegrating vectors in higher order integrated systems
James H. Stock,Mark W. Watson +1 more
TL;DR: In this paper, an efficient estimator of cointegrating vectors is presented for systems involving deterministic components and variables of differing, higher orders of integration. But the estimators are computed using GLS or OLS, and Wald Statistics constructed from these estimators have asymptotic x 2 distributions.
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The External Wealth of Nations Mark Ii: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970-2004
Philip R. Lane,Philip R. Lane,Philip R. Lane,Gian Maria Milesi-Ferretti,Gian Maria Milesi-Ferretti +4 more
TL;DR: In this article, the authors construct estimates of external assets and liabilities for 145 countries for the period 1970-2004, focusing on trends in net and gross external positions, and the composition of international portfolios.
Journal ArticleDOI
Debt with Potential Repudiation: Theoretical and Empirical Analysis
Jonathan Eaton,Mark Gersovitz +1 more
Book ChapterDOI
An essay in dynamic theory
TL;DR: In this paper, a tentative and preliminary attempt to give the outline of a dynamic theory for change is made. But it has not yet been discussed in detail in detail, but a framework of concepts relevant to the study of change analogous to that provided by static theory is provided.