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Showing 1 to 9 of 9 for “"Tradable goods"”.

  1. 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 …

    u-iceland Repository record for Price Level of Non-tradable Goods in Iceland: Explanations by Economic Fundamentals (opens in a new tab)

  2. 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 …

    bradford Repository record for Impact of oil revenue volatility on the real exchange rate and the structure of economy: Empirical evidence of “Dutch disease” in Iraq (opens in a new tab)

  3. 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 …

    mit Repository record for Essays in asset pricing and international finance (opens in a new tab)

  4. Essays in international finance

    … a survey that focuses on internationally tradable goods and services. Our motivation is that while excellent surveys exist in the literature on this topic, they focus largely on broad baskets of prices and, most commonly, on the consumer price index. We instead focus on the specific subset …

    city-london Repository record for Essays in international finance (opens in a new tab)

  5. ESSAYS ON HOUSING INVESTMENTS IN EMERGING MARKETS

    … on the cyclical behavior of consumption of tradable goods, which is much more volatile in emerging markets. Therefore, when a positive productivity shock hits the economy, the larger response of consumption of tradable goods implies that it is more attractive for consumers in emerging …

    maryland Repository record for ESSAYS ON HOUSING INVESTMENTS IN EMERGING MARKETS (opens in a new tab)

  6. 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 …

    bayreuth Repository record for Fiscal Policy, Current Account Dynamics and External Adjustment (opens in a new tab)

  7. 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 findings …

    umn Repository record for Essays on macro development (opens in a new tab)

  8. Real Exchange Rate Misalignments

    … BOP equilibrium and equilibrium in the tradable and non-tradable goods market based on the current account dynamics and Harrod-Balassa-Samuelson (HBS) productivities. After solving for the RER in the steady state, we estimate the fundamental RER equation using cointegration techniques …

    whiterose Repository record for Real Exchange Rate Misalignments (opens in a new tab)

  9. 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, …

    cagliari Repository record for Essays in New Economic Geography (opens in a new tab)