Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 7 of 7 for “"Non-tradable goods"”.
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Price Level of Non-tradable Goods in Iceland: Explanations by Economic Fundamentals
Most non-tradable goods are much more expensive in Iceland than in China. During the last decade there had been an observable appreciation of non-tradable goods in Iceland against those in China. Both the magnitude of the price gap and the length and monotonicity of the gap enlargement are …
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Impact of oil revenue volatility on the real exchange rate and the structure of economy: Empirical evidence of “Dutch disease” in Iraq
… sector (i.e., oil) affects relative price of non-tradable goods against tradable goods, the real exchange rate and competitiveness in the rest of the economy: This problem has been analysed in the early stage by (Corden and Neary 1982) with the so-called ‘Dutch-disease’. As a result, booming …
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Essays in asset pricing and international finance
… with the adjustment of the relative price of tradable to non-tradable goods, due to endowment shocks. I find firms that produce tradable goods have asset returns and earnings that are twice as cyclical as firms that produce non-tradable goods. A tradable minus nontradable portfolio of stock …
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Fiscal Policy, Current Account Dynamics and External Adjustment
… whether shifting government purchases between tradable and non-tradable goods can help to reduce external fluctuations without large swings in the overall fiscal stance. The policy rules considered are budgetary-neutral in the sense that the overall level of government expenditure is kept …
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Essays on macro development
… regions. This increase is marked in "non-tradables'' —fresh, hard-to-transport items not often traded internationally. We also find that regions with poorly integrated agricultural networks experience greater price surges, especially in these non-tradable goods. We show that these …
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Real Exchange Rate Misalignments
… possible, exploit distortions in the traded and non-traded relative price to promote growth. The main goal of this paper is to provide a systematic characterization of real exchange rate undervaluations. What are the consequences of undervaluation? What are the main determinants of …
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Essays in New Economic Geography
… allows for expenditure shares in industrial goods to be endogenously determined. The implications of our generalization are quite rel-evant. In particular, we obtain the following novel results: 1) catastrophic agglomeration may always take place, whatever the degree of market integration, …