Yield Curve Dynamics and Spillovers in Central and Eastern European Countries

Yield Curve Dynamics and Spillovers in Central and Eastern European Countries PDF Author: Ms.Anita Tuladhar
Publisher: International Monetary Fund
ISBN: 1451963327
Category : Business & Economics
Languages : en
Pages : 61

Get Book Here

Book Description
This paper applies the models used to study yield curve dynamics and spillovers in the U.S. and other countries to Central and Eastern European countries (CEE countries). Using the Diebold, Rudebusch, and Aruoba (2006) dynamic version of the Nelson-Siegel representation of the yield curve, the paper finds that the two-way relationship between macroeconomic and financial variables in the CEE countries is similar to the one in mature economies. However, inflation shocks have very little persistence in the CEE countries, owing to the strong convergence trends in these countries-which tend to re-anchor expectations faster. Increased convergence in policies and market integration over time are associated with a stronger correlation between the levels of the yield curves, while the curves slopes are more driven by idiosyncratic factors. Shifts in the euro yield curve are transmitted both to interest rates and inflation expectations in the CEE countries-and transmission is stronger after 2004.

Yield Curve Dynamics and Spillovers in Central and Eastern European Countries

Yield Curve Dynamics and Spillovers in Central and Eastern European Countries PDF Author: Ms.Anita Tuladhar
Publisher: International Monetary Fund
ISBN: 1451963327
Category : Business & Economics
Languages : en
Pages : 61

Get Book Here

Book Description
This paper applies the models used to study yield curve dynamics and spillovers in the U.S. and other countries to Central and Eastern European countries (CEE countries). Using the Diebold, Rudebusch, and Aruoba (2006) dynamic version of the Nelson-Siegel representation of the yield curve, the paper finds that the two-way relationship between macroeconomic and financial variables in the CEE countries is similar to the one in mature economies. However, inflation shocks have very little persistence in the CEE countries, owing to the strong convergence trends in these countries-which tend to re-anchor expectations faster. Increased convergence in policies and market integration over time are associated with a stronger correlation between the levels of the yield curves, while the curves slopes are more driven by idiosyncratic factors. Shifts in the euro yield curve are transmitted both to interest rates and inflation expectations in the CEE countries-and transmission is stronger after 2004.

Modern Economics – An Analytical Study, 20th Edition

Modern Economics – An Analytical Study, 20th Edition PDF Author: Ahuja H.L.
Publisher: S. Chand Publishing
ISBN: 9352531469
Category :
Languages : en
Pages : 1775

Get Book Here

Book Description
In its 20th edition, this trusted definitive text is a comprehensive treatise on modern economics. It discusses in detail microeconomics, macroeconomics, monetary theory and policy, international economics, public finance and fiscal policy and above all economics of growth and development. The book has been exhaustively revised to provide students an in-depth understanding of the fundamental concepts and is streamlined to focus on current topics and developments in the field.

International Economics

International Economics PDF Author: Henry Thompson
Publisher: World Scientific
ISBN: 9789810244538
Category : Business & Economics
Languages : en
Pages : 492

Get Book Here

Book Description
This textbook describes and predicts production, trade and investment across countries. Using graphs and numerical examples, it describes the foundations of international trade and investment, including constant cost, neoclassical, and modern theories of production, industry and trade.

International Trade Theory and Policy

International Trade Theory and Policy PDF Author: Giancarlo Gandolfo
Publisher: Springer Science & Business Media
ISBN: 3642373143
Category : Business & Economics
Languages : en
Pages : 669

Get Book Here

Book Description
In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers alike. It addresses undergraduate students with extremely clear language and illustrations, making even the most complex trade models accessible. In the appendices, graduate students and researchers will find self-contained treatments in mathematical terms. The new edition has been thoroughly revised and updated to reflect the latest research on international trade.

Applied International Economics

Applied International Economics PDF Author: W. Charles Sawyer
Publisher: Taylor & Francis
ISBN: 0429758324
Category : Business & Economics
Languages : en
Pages : 561

Get Book Here

Book Description
Applied International Economics, 5th edition, offers a modern and accessible treatment of international economics, shifting the emphasis from pure theory to the application of theory by using the standard tools of economic analysis. This new and streamlined edition makes the real-world application of international economics even more clear than previous editions, and focuses on the basics that students will need in order to analyze information on the world economy throughout their future careers. The new edition has been refocused, revised, and thoroughly updated. Key features include: Expanded coverage of China’s role in the world economy. New material on how changes in trade flows can be decomposed into the extensive and intensive margins of trade. New material on the use of Section 301 of U.S. trade law and the U.S.–China trade dispute. Updated coverage of Brexit. A new focus on the sole use of the Mundell-Fleming model to analyze balance of payments issues. Improved linkages between the concepts of purchasing power parity and the real exchange rate. Written in a thorough and engaging style, the book covers topics at a level appropriate for students specializing in business or international relations, as well as economics students. Along with a wealth of case studies and real-life examples, the book offers extensive pedagogical tools that include a companion website, end-of-chapter summaries, and explanations of key concepts and terms. For instructors, PowerPoint presentations and an extensive test bank are available.

Global Trade Policy

Global Trade Policy PDF Author: Pamela J. Smith
Publisher: John Wiley & Sons
ISBN: 1118357701
Category : Political Science
Languages : en
Pages : 297

Get Book Here

Book Description
Using a unique, question-based format, Global Trade Policy offers accessible coverage of the key questions in trade and policy; it charts the changing policy landscape and evolving institutional arrangements for trade policies, examines trade theory, and provides students with an economic framework to better understand the current issues in national and international trade policy. Uses a unique, question-based format to explore the questions and current debates in international trade policy and their implications Explores trade theory to help guide discussions of trade policy, including traditional theories of inter-industry trade, as well as newer theories of intra-industry and intra-firm trade Examines the national and international effects of widely used policies designed to directly and indirectly affect trade, and considers the evolving institutional arrangements for these Charts the changing policy landscape from traditional trade policies – such as tariffs, quantitative restrictions, and export subsidies – to those including intellectual property rights, labor, the environment, and growth and development policies Covers national as well as global perspectives and their interaction, helping to explain opposing views on trade policy and liberalization Includes applied exercises enabling students to explore open-ended and realistic questions of policy debate, making it ideal for classroom use; an instructor’s manual and a range of other resources are available at www.wiley.com/go/globaltradepolicy

International Economics: Theory And Policy

International Economics: Theory And Policy PDF Author: Dwivedi D.N.
Publisher: Vikas Publishing House
ISBN: 9325969238
Category : Business & Economics
Languages : en
Pages : 561

Get Book Here

Book Description
International Economics: Theory and Policy is a comprehensive, authentic and up-to-date textbook on the subject, which meets the study requirements of undergraduate and post-graduate students of international economics, international business management and those appearing for competitive examinations. The book presents the complex theories of international economics in a technically simple and comprehensible manner without sacrificing the analytical precision and sophistication of the theories. The purpose is to facilitate the students’ entry into the complex subject matter of international economics. FEATURES/BENEFITS • Covers the undergraduate and post-graduate syllabuses of international economics • Technically simple and comprehensible presentation of complex theories • Non-mathematical treatment of the theoretical aspects • Extensive use of graphical technique as an analytical tool • Standard analytical models used to present complex trade theories • Real examples of foreign trade problems used to introduce a topic • Covers India’s foreign trade and balance of payment

Curves

Curves PDF Author: Gary Heavin
Publisher: Penguin
ISBN: 9780399529566
Category : Health & Fitness
Languages : en
Pages : 356

Get Book Here

Book Description
The power to amaze in 30 minutes a day, 3 days a week. Two million women have discovered Gary Heavin's secret to permanent weight loss at more than six thousand Curves fitness and weight-loss centers around the country. In thirty minutes, three times a week—and without a restrictive diet—many have been able to take off the weight and keep it off for good. The Curves Promise: A unique three-part nutrition plan that produces results quickly and shows how to maintain weight loss in order to eat normally for 28 days, and only monitor food intake two days a month A Metabolic Tune-Up helps deter yo-yo dieting and shows how to lose weight by eating more, not less Simple self-tests determine calorie or carbohydrate sensitivity, helping women individualize their food plan Shopping lists, meal plans, recipes, food and supplement guides, and charts to track progress and guide users through every phase of the nutrition and exercise plan A complete Curves At-Home workout, combining strength training and aerobics and taking only thirty minutes a day-no more than three times a week

Economic Policy, Exchange Rates, and the International System

Economic Policy, Exchange Rates, and the International System PDF Author: W. Max Corden
Publisher: University of Chicago Press
ISBN: 0226115917
Category : Business & Economics
Languages : en
Pages : 335

Get Book Here

Book Description
This account of exchange rates in the international monetary system considers the issues in international macroeconomics. Using theoretical models of international economics it explains the effects of various policies and issues in macroeconomics.

Fishery Bulletin

Fishery Bulletin PDF Author:
Publisher:
ISBN:
Category : Fisheries
Languages : en
Pages : 228

Get Book Here

Book Description