[PDF] Top 20 Export Pricing In New Open Economy Macroeconomics: An Empirical Investigation

... Notes: Dependent variable is log export price in exporter currency. All variables are in logs unless otherwise specified. GDP and price level are one-year lags. Exporter unit labor cost is ... See full document

... administration in the 1980s, which consisted of a reduction in taxes associated with an increase in military spending, was widely believed to be one of the causes of the appreciation of the ... See full document

... controversies in the theoretical NOEM ...stickiness in the local currency of the buyer improves the model’s ability to explain certain stylized facts regarding the exchange rate, Obstfeld and Rog- off ... See full document

... of empirical papers were written all around the world, nonetheless the question on what variables does money demand depend, remains ...more empirical research? Need we new econometric methodologies? ... See full document

... small open economy with perfect access to the world capital market and a fixed rate of time preference, yields awkward consequences that are not tenable either from a theoretical or from an ... See full document

... environment. In the Redux model, firms simultaneously set prices one period in ...by an underlying fixed menu cost, firms will be motivated to immediately adjust prices in the event of a large ... See full document

... as an endogenous choice by profit maximizing firms (see, for example, Bacchetta and Van Wincoop, 2005; Devereux, Engel and Storgaard, ...that, in the CP–OR model above, expansionary monetary shocks ... See full document

... plays an independent role in the monetary transmission mechanism in the United ...States. In particular, it indicates that real money balance e¤ects are quantitatively important but smaller ... See full document

... In this section, we investigate the relationship between leisure and unemployment rate. The basic intuition is that when the bad state comes (i.e. a negative technology shock), leisure absorbs the most of foregone ... See full document

... El segundo bloque se abre con el trabajo de Jon Eguia, en el que revisa la utilidad de los modelos espaciales para explicar la competencia política y presenta evidencias contenidas en [r] ... See full document

... We study the entrepreneurs’ choice of organizational forms controlling for the characteristics of their business. We explore the decision businessmen made to organize their firms as partnerships (sociedad en nombre ... See full document

... engage in cross-border economic activity, which is particularly sensitive to exchange rate ...19 In contrast, if policymakers decide to pursue a floating exchange rate, this policy benefits a different set of ... See full document

... Our empirical results suggest, against the common wisdom, that govern- ment expansions can lead to increases in ...a New Keynesian model with search frictions, endogenous participation and workers' ... See full document

... evolution in the volume of e-commerce in the market analyzed from 1996 to 2003 we should highlight the strong growth experienced in recent ...acceleration in the ...had an effect on ... See full document

... small open economy ...credit in international capital ...domestically in a competitive credit ...cycles in SOE’s indicate that interest-rate shocks are unable to cast the kind of output ... See full document

... erences in economic development have been subject to varying interpre- ...specialization in activities that o er good opportunities for technical improvements, the existence of high saving propensities, ... See full document

... deal in the second year drew complaints from singletons and was dropped. In the world of classical music, it’s perhaps a brash idea, but one that is more than commonplace in ...bring in the ... See full document

... endogenous in the case of an open economy with fixed exchange ...such an instance of endogeneity of the money supply has nothing to do with the endogenous money supply process that is ... See full document

... perceptions in online learning in Mexican context», «To what extend can and should online universities be open and flexible?», EARLI 2013; «Students’ perceptions towards online learning success», ... See full document

... proceed in the Keynesian spirit of the models concerned. We begin in section 1 with an analysis of stock and flow accounts in a two-country macroeconomic ...sketched in section ... See full document