Friedman Redux
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Friedman Redux
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Author : Mr.Atish R. Ghosh
language : en
Publisher: International Monetary Fund
Release Date : 2014-08-08
Friedman Redux written by Mr.Atish R. Ghosh and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-08 with Business & Economics categories.
Milton Friedman argued that flexible exchange rates would facilitate external adjustment. Recent studies find surprisingly little robust evidence that they do. We argue that this is because they use composite (or aggregate) exchange rate regime classifications, which often mask very heterogeneous bilateral relationships between countries. Constructing a novel dataset of bilateral exchange rate regimes that differentiates by the degree of exchange rate flexibility, as well as by direct and indirect exchange rate relationships, for 181 countries over 1980–2011, we find a significant and empirically robust relationship between exchange rate flexibility and the speed of external adjustment. Our results are supported by several “natural experiments” of exogenous changes in bilateral exchange rate regimes.
Friedman Redux
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Author : Mr.Atish R. Ghosh
language : en
Publisher: International Monetary Fund
Release Date : 2014-08-08
Friedman Redux written by Mr.Atish R. Ghosh and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-08 with Business & Economics categories.
Milton Friedman argued that flexible exchange rates would facilitate external adjustment. Recent studies find surprisingly little robust evidence that they do. We argue that this is because they use composite (or aggregate) exchange rate regime classifications, which often mask very heterogeneous bilateral relationships between countries. Constructing a novel dataset of bilateral exchange rate regimes that differentiates by the degree of exchange rate flexibility, as well as by direct and indirect exchange rate relationships, for 181 countries over 1980–2011, we find a significant and empirically robust relationship between exchange rate flexibility and the speed of external adjustment. Our results are supported by several “natural experiments” of exogenous changes in bilateral exchange rate regimes.
Mckenzie Barber Redux
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Author : Dwight E. Foster
language : en
Publisher: AuthorHouse
Release Date : 2008-08-26
Mckenzie Barber Redux written by Dwight E. Foster and has been published by AuthorHouse this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-08-26 with Fiction categories.
MeKenzie Barber Redux is the story of a reunion of McKenzie Barber (an acquired consulting firm) and Robson Barber (the acquiring firm.) It has been five years following the 1992 merger vote held at the Boca Mirage Club. The merger resulted in capsized careers for many McKenzie Barber Partners and advancements for a select few. John Grunwaldyt, the protagonist, has been a casualty. Since the merger he has been in the Litigation "Penalty Box" flopped in the backwaters of the merged firm's Chemical Industries Practice, left his wife and moved in with a lady named Amanda, a media communications consultant, and his career is in limbo short of vesting in the firm's retirement plan. One of the youngest partner admissions in the history of the firm at age 28, his golden boy career, appears to have landed in a permanent ditch. He is summoned to the office of Dr. Gilbert Ranglinger, Vice Chairman-Human Resources for Robson Barber for an early morning meeting. Dr.Ranglinger's nickname in the corridors of Robson Barber is "Dr. Death". Grunwaldyt assumes he has been summoned to commence termination discussions. Instead Dr. Death proposes that Grunwaldyt organize a Reunion for the McKenzie Barber Partners. He is given the choice, organize the reunion or begin termination discussions. Jon Grunwaldyt begins an odyssey that confronts his past, faces the options of a cloudy future, and leads to a confrontation in the final fork in his career road, a McKenzie Barber Alumni Reunion at the resort hotel called Boca Mirage.
Focus On 100 Most Popular American Agnostics
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Author : Wikipedia contributors
language : en
Publisher: e-artnow sro
Release Date :
Focus On 100 Most Popular American Agnostics written by Wikipedia contributors and has been published by e-artnow sro this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Rediscovering Political Economy
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Author : Joseph Postell
language : en
Publisher: Lexington Books
Release Date : 2011-08-16
Rediscovering Political Economy written by Joseph Postell and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-16 with Political Science categories.
The recent economic crisis in the United States has highlighted a crisis of understanding. In this volume, Bradley C. S. Watson and Joseph Postell bring together some of America's most eminent thinkers on political economy—an increasingly overlooked field wherein political ideas and economic theories mutually inform each other. Only through a restoration of political economy can we reconnect economics to the human good. Economics as a discipline deals with the production and distribution of goods and services. Yet the study of economics can-indeed must—be employed in our striving for the best possible political order and way of life. Economic thinkers and political actors need once again to consider how the Constitution and basic principles of our government might give direction and discipline to our thinking about economic theories, and to the economic policies we choose to implement. The contributors are experts in economic history, and the history of economic ideas. They address basic themes of political economy, theoretical and practical: from the relationship between natural law and economics, to how our Founding Fathers approached economics, to questions of banking and monetary policy. Their insights will serve as trusty guides to future generations, as well as to our own.
Adaptive Efficiency During The Great Recession
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Author : Robert Fritzsch
language : en
Publisher: Springer
Release Date : 2019-07-30
Adaptive Efficiency During The Great Recession written by Robert Fritzsch and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-30 with Political Science categories.
Robert Fritzsch provides an institutional economic analysis of the Great Recession. The author shows that institutions matter as determinants of crisis resilience - however in a different way than predicted by the prominent theories of Olson (1982) and North, Wallis, Weingast (2009), as the crisis was most severe in developed countries with democratic political institutions, rule of law and restrained regulations. The empirical results support theoretical predictions only within the sub-group of developed countries, where rule of law and restrained regulations show a positive association with crisis resilience.
Accountability Transparency And Democracy In The Functioning Of Bretton Woods Institutions
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Author : Elena Sciso
language : en
Publisher: Springer
Release Date : 2017-07-04
Accountability Transparency And Democracy In The Functioning Of Bretton Woods Institutions written by Elena Sciso and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-04 with Law categories.
This book investigates the strengths and weaknesses – in terms of transparency and compliance with the democratic principle – of Bretton Woods Institutions, considering the most important innovations from the original framework achieved through the introduction of independent accountability and complaint mechanisms (the Inspection Panel and Independent Evaluation Office), but also due to relevant reforms in the internal governance of the International Monetary Fund and the new financial assistance tools. One of its main focuses is on evaluating the socio-economic impact of conditionality in the countries requiring financial assistance, acknowledging the need to strengthen social protection policies in the adjustment programs. In addition, emphasis is given to the effects of the “constitutionalization” of the Washington Consensus in the European Union, with the establishment of the so-called “Berlin-Brussels-Frankfurt Consensus.”
A New Look At The Determinants Of Growth In Asian Countries
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Author : Mr.Manuk Ghazanchyan
language : en
Publisher: International Monetary Fund
Release Date : 2015-09-03
A New Look At The Determinants Of Growth In Asian Countries written by Mr.Manuk Ghazanchyan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-03 with Business & Economics categories.
This study examines the drivers of growth in Asian countries, with focus on the role of investment, the exchange rate regime, financial risk, and capital account openness. We use a panel data set of a sample of Asian countries over the period 1980 to 2012. Our results indicate that private and public investments are strong drivers of growth, while more limited evidence is found that reduced financial risk and higher foreign direct investment support growth. The exchange rate regime does not appear to be a strongly significant determinant of growth, but some specifications suggest that more flexible regimes are beneficial in this respect. Financial crises have a stronger dampening effect on growth in countries with more open capital accounts.
Switzerland
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Author : International Monetary Fund. European Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2019-06-27
Switzerland written by International Monetary Fund. European Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-27 with Business & Economics categories.
Selected Issues
World Economic Outlook October 2014
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2014-10-07
World Economic Outlook October 2014 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-07 with Business & Economics categories.
The pace of recovery has disappointed in recent years, and downside risks have increased, including from heightened geopolitical tensions. These increased risks make it a priority to raise actual and potential growth. In a number of economies, an increase in public infrastructure investment can also provide support to demand and help boost potential output. And in advanced economies as well as emerging and developing economies there is a general, urgent need for structural reforms to strengthen growth potential or make growth more sustainable. The four individual chapters examine the overall global outlook, the prospects for individual countries and regions, the benefits of increased public infrastructure investment in terms of raising output, and the extent to which global imbalances have narrowed significantly since their peak in 2006.