Testing For Credibility Effects

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Testing For Credibility Effects
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Author : Mr.Mark P. Taylor
language : en
Publisher: International Monetary Fund
Release Date : 1991-11-01
Testing For Credibility Effects written by Mr.Mark P. Taylor 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 1991-11-01 with Business & Economics categories.
This paper examines some recent techniques designed to draw inferences about the credibility of changes in macroeconomic policy regimes. An alternative two-step approach, based on the decomposition between permanent and transitory components of a "credibility variable" is proposed. The methodology is then used to test for the existence of a credibility effect in the Cruzado stabilization plan implemented in Brazil in 1986.
Imf Staff Papers
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1992-01-01
Imf Staff Papers 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 1992-01-01 with Business & Economics categories.
This paper examines market liberalization policies in a reforming socialist economy. The aim of this paper is to develop a model of such a reforming socialist economy and to explore the consequences of market-oriented policies in the context of such an economy. A model of a socialist economy is presented, incorporating bargaining over wages and employment in the socialized sector and shortages that are reflected in the black market. The model is used to analyze the implications of liberalization policies, including trade liberalization, an administered price increase, and provisions allowing for increased direct foreign investment. The nonsocialized sector is perfectly competitive and produces an output that is different from that of the socialized sector. It has a neoclassical production function using a sector-specific input (say, capital) and labor. The results suggest that reforms may have different effects under different trade regimes and that small price reforms may have perverse effects.
Stabilisation
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Author : Peter Prazmowski
language : en
Publisher: Cambridge Scholars Publishing
Release Date : 2013-09-11
Stabilisation written by Peter Prazmowski and has been published by Cambridge Scholars Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-11 with Economic stabilization categories.
Economic crises arising from exchange rate volatility and high inflation have affected countries around the world, particularly those with developing economies. The usual response of countries during times of crisis has been to design and implement stabilisation packages aimed at controlling the exchange rate, stabilising inflation, and restoring economic fundamentals. The stabilisation attempts pursued in Latin America, Africa and Eastern Europe since the 1970s have motivated an interesting literature debating which strategy to adopt in order to achieve stabilisation and evaluate the merits of institutions such as the International Monetary Fund (IMF), the World Bank (WB) and the International Development Bank (IDB) in assisting countries during these efforts. Provided that times of crisis and volatility will affect the traditional benchmarks used by economists, adjusting the basic economic framework to account for such structural changes is of paramount importance. This book makes an important contribution to this debate by providing a comprehensive review of the literature on stabilisation, and by extending analytical models to account for the shortcoming of crises, in an effort to test their relevance across developing countries. The essays in this volume will be of interest to policy makers, professional economists and students for their measurable implications and as a guide for further research in the literature.
Global Challenges Local Impacts Rethinking Governance Sustainability And Consumption In Light Of Climate Change
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Author :
language : en
Publisher: Frontiers Media SA
Release Date : 2024-01-31
Global Challenges Local Impacts Rethinking Governance Sustainability And Consumption In Light Of Climate Change written by and has been published by Frontiers Media SA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-31 with Science categories.
Political Credibility And Economic Development
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Author : Silvio Borner
language : en
Publisher: Springer
Release Date : 2016-07-27
Political Credibility And Economic Development written by Silvio Borner and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
Why have the economies of some developing countries fallen back while others have advanced? Why have so many stabilization and structural adjustment programs failed to deliver growth dividends? This book shows that there is a common and valid answer: political credibility defined as the predictability of the institutional rules of the game. This case is not only argued theoretically but also found to be confirmed by empirical analysis. Ten case studies pitting Latin American countries against Southeast Asian ones reveal the sources of political credibility. Economic openness is the necessary precondition, long-term reputation or democratic participation the sufficient one. Despite the seemingly superior strength of authoritarian reputation democratic control is the more successful road.
Oecd Series On Testing And Assessment Revised Guidance Document 150 On Standardised Test Guidelines For Evaluating Chemicals For Endocrine Disruption
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-09-03
Oecd Series On Testing And Assessment Revised Guidance Document 150 On Standardised Test Guidelines For Evaluating Chemicals For Endocrine Disruption written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-03 with categories.
This guidance document was originally published in 2012 and updated in 2018 to reflect new and updated OECD test guidelines, as well as reflect on scientific advances in the use of test methods and assessment of the endocrine activity of chemicals.
The Sage Encyclopedia Of Communication Research Methods
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Author : Mike Allen
language : en
Publisher: SAGE Publications
Release Date : 2017-04-11
The Sage Encyclopedia Of Communication Research Methods written by Mike Allen and has been published by SAGE Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-11 with Social Science categories.
Communication research is evolving and changing in a world of online journals, open-access, and new ways of obtaining data and conducting experiments via the Internet. Although there are generic encyclopedias describing basic social science research methodologies in general, until now there has been no comprehensive A-to-Z reference work exploring methods specific to communication and media studies. Our entries, authored by key figures in the field, focus on special considerations when applied specifically to communication research, accompanied by engaging examples from the literature of communication, journalism, and media studies. Entries cover every step of the research process, from the creative development of research topics and questions to literature reviews, selection of best methods (whether quantitative, qualitative, or mixed) for analyzing research results and publishing research findings, whether in traditional media or via new media outlets. In addition to expected entries covering the basics of theories and methods traditionally used in communication research, other entries discuss important trends influencing the future of that research, including contemporary practical issues students will face in communication professions, the influences of globalization on research, use of new recording technologies in fieldwork, and the challenges and opportunities related to studying online multi-media environments. Email, texting, cellphone video, and blogging are shown not only as topics of research but also as means of collecting and analyzing data. Still other entries delve into considerations of accountability, copyright, confidentiality, data ownership and security, privacy, and other aspects of conducting an ethical research program. Features: 652 signed entries are contained in an authoritative work spanning four volumes available in choice of electronic or print formats. Although organized A-to-Z, front matter includes a Reader’s Guide grouping entries thematically to help students interested in a specific aspect of communication research to more easily locate directly related entries. Back matter includes a Chronology of the development of the field of communication research; a Resource Guide to classic books, journals, and associations; a Glossary introducing the terminology of the field; and a detailed Index. Entries conclude with References/Further Readings and Cross-References to related entries to guide students further in their research journeys. The Index, Reader’s Guide themes, and Cross-References combine to provide robust search-and-browse in the e-version.
The Nature Of Theory And Research In Social Psychology
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Author : Clyde Hendrick
language : en
Publisher: Academic Press
Release Date : 2013-10-22
The Nature Of Theory And Research In Social Psychology written by Clyde Hendrick and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-22 with Social Science categories.
The Nature of Theory and Research in Social Psychology aims to provide advanced undergraduate and graduate students with a solid foundation in the logic of theory construction and the experimental method; and to teach students how to read, critically evaluate, and appreciate professional literature in the behavioral sciences. The book is believed to be unique in this latter respect and that it will serve a vital need in several different courses. The book is organized into two parts. Part I contains a detailed exposition of the nature of theory and research. It discusses the nature of formal theory, derivation of hypotheses, and the testing of hypotheses. It explicates in great detail the experimental approach to hypothesis testing. Both formal and informal aspects of a psychological experiment are discussed. Part II includes five chapters that enable students to put their analytical skills to use. Five substantive areas from social psychology have been selected. Each chapter includes three reprinted journal articles, and the chapter may be considered a ""case study"" in the analysis of experimental research in a given problem area. The following topics are covered in this section: dissonance and disconfirmed expectancies; dissonance and severity of initiation, primary-recency in personality impression formation, forewarning and anticipatory attitude change, and dependency and helping.
Exchange Rate Second Round Effects And Inflation Processes
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Author : Eliphas Ndou
language : en
Publisher: Springer
Release Date : 2019-04-23
Exchange Rate Second Round Effects And Inflation Processes written by Eliphas Ndou and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-23 with Business & Economics categories.
This book focuses on the exchange rate pass-through (ERPT), second round effects and the inflation process in South Africa. The authors demonstrate that magnitudes of the second round effects of the exchange rate depreciation and oil price shocks depend on inflation regimes. The impact of positive oil price shocks on inflation is weakened by monetary policy credibility. Evidence shows the influence of oil price on unit labour costs and correlation between exchange rate changes and inflation has weakened. In addition, ERPT is reduced by low business and consumer confidence, high trade openness, low inflation and high exchange rate volatility which weaken real economic activity. Both monetary and fiscal policy credibility lowers the sizes of ERPT to inflation and inflation expectations. Fiscal policy via fuel levies, administered prices and public transport inflation channel impacts the responses of monetary policy to inflation shocks. The authors show that second round effects contribute very little to wage inflation following an exchange rate depreciation shock. Both lending rate and household consumption responds asymmetrical to repo rate changes. This book will appeal to policymakers, students, academics and analysts.
Right Wing Media S Neurocognitive And Societal Effects
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Author : Rodolfo Leyva
language : en
Publisher: Taylor & Francis
Release Date : 2023-07-31
Right Wing Media S Neurocognitive And Societal Effects written by Rodolfo Leyva and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-31 with Political Science categories.
This book empirically tests, compares, and explains the effects of British and American legacy conservative press and far-right websites, on accordant political views and behavioural intentions. Correspondingly, the 2016 Brexit Referendum and American Presidential election results are often attributed to the spread of fake news through social media, Russian Bots, and alt-right news websites. This has raised concerns about the impact of digital disinformation on democracy, as well as the rise of nativist parties and movements worldwide. However, this book argues that these causal attributions are largely based on unproven assumptions and deflect attention from the more influential and harmful role of traditional conservative media. To support this argument, Leyva incorporates insights from various fields such as neurocognitive science, media-communication research, cross-cultural psychology, and sociology. Additionally, the book presents primary evidence from a series of experiments that examined the effects of candidate-related fake news and immigration coverage from both old and new media right-wing sources. These experiments focused on how such content influences anti-immigrant attitudes and voter preferences. By doing so, the book provides a nuanced and robustly tested theoretical account of how right-wing media affects political beliefs, sentiments, and practices at the neuronal level, and of how this can in turn negatively impact democratic multicultural societies. Given its interdisciplinary approach, this book will be of interest to scholars in the social, behavioural, and cognitive sciences who are studying media psychology, online misinformation, authoritarian populism, political sociology, new media, and journalism.