 | Identifying the Common Component in International Economic Fluctuations : A New Approach Author/Editor: Robin L Lumsdaine, Eswar Prasad. Release Date:November, 1999 This paper develops an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights more...
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| International Evidenceon the Determinants of Trade Dynamics Author/Editor: Eswar Prasad, Jeffery A Gable. Release Date:December, 1997 This paper provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. First, a comprehensive set of stylized more...
| Price: $15.00
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| Possible Effects of European Monetary Union on Switzerland : A Case Study of Policy Dilemmas Caused by Low Inflation and the Nominal Interest Rate Floor Author/Editor: Douglas Laxton, Eswar Prasad. Release Date:March, 1997 This paper examines the possible effects on Switzerland of asset preference shifts in favor of Swiss-franc-denominated assets that could result from EMU. Alternative policy responses to temporary and more...
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| Labor Market Adjustment in Canada and the United States Author/Editor: Alun H Thomas, Eswar Prasad. Release Date:January, 1997 This paper provides a quantitative assessment of the relative importance of different labor market adjustment mechanisms in Canada and the United States and also examines the effects of the more...
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| Real Exchange Rate Fluctuations and the Business Cycle : Evidence From Japan Author/Editor: Eswar Prasad, Bankim Chadha. Release Date:November, 1996 This paper analyzes the relationship between the real exchange rate and the business cycle in Japan during the floating rate period. A structural vector autoregression is used to identify different more...
| Price: $15.00
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| Currency Unions, Economic Fluctuations, and Adjustment : Some New Empirical Evidence Author/Editor: Eswar Prasad, Tamim Bayoumi. Release Date:August, 1996 This paper examines the sources of disturbances to output in the United States and a set of EU countries and analyzes labor market adjustment mechanisms in these two economic areas. Comparable more...
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| Skill Heterogeneity and Aggregation Bias Over the Business Cycle Author/Editor: Eswar Prasad. Release Date:November, 1995 This paper extends the equilibrium business cycle framework to incorporate ex ante skill heterogeneity among workers. Consistent with the empirical evidence, skilled and unskilled workers in the more...
| Price: $15.00
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| The Employment and Wage Effects of Oil Price Changes : A Sectoral Analysis Author/Editor: Michael P Keane, Eswar Prasad. Release Date:April, 1995 In this paper, we use micro panel data to examine the effects of oil price changes on employment and real wages, at the aggregate and industry levels. We also measure differences in the employment more...
| Price: $15.00
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| Shocks and Structural Breaks : Labor Market Reforms in the United Kingdom Author/Editor: Eswar Prasad, Ramana Ramaswamy. Release Date:November, 1994 This paper analyzes the effects of the labor market reforms launched in the early 1980s by the Conservative government led by Mrs. Thatcher. It is argued that the increase in the growth of labor more...
| Price: $15.00
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| Changes in the Relationship Between the Long-Term Interest Rate and its Determinants Author/Editor: William Lee, Eswar Prasad. Release Date:October, 1994 This paper assesses the relative importance of alternative explanations for the rise in long-term interest rates in the United States from October 1993 to April 1994. Standard econometric models of more...
| Price: $15.00
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