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How Puzzling Is The Ppp Puzzle
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Book Synopsis Puzzles of Economic Growth by : Leszek Balcerowicz
Download or read book Puzzles of Economic Growth written by Leszek Balcerowicz and published by World Bank Publications. This book was released on 2014-12-03 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: By comparing countries like Venezuela and Chile, China and India, Dominican Republic and Haiti, and others, the book tries to answer the questions of which institutions and policies are crucial for stable long term economic growth.
Download or read book PPP Strikes Back written by Mr.Jean Imbs and published by International Monetary Fund. This book was released on 2003-04-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that established time-series and panel methods substantially exaggerate the persistence of real exchange rates because of heterogeneity in the dynamics of disaggregated relative prices. When heterogeneity is properly taken into account, estimates of the real exchange rate half-life fall dramatically, to little more than one year, or significantly below Rogoff's "consensus view" of three to five years. We show that corrected estimates are consistent with plausible nominal rigidities, thus, arguably, solving the PPP puzzle.
Book Synopsis Exchange Rates and Macroeconomic Dynamics by : P. Karadeloglou
Download or read book Exchange Rates and Macroeconomic Dynamics written by P. Karadeloglou and published by Springer. This book was released on 2008-02-13 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the PPP persistence puzzle, and econometric aspects of exchange rate dynamics and their implications. It also explores the importance of exchange rate dynamics in the pass-through effects (PTE) and the econometric aspects of the exchange rates dynamics linked to structural shocks on different economies.
Book Synopsis The Six Major Puzzles in International Macroeconomics by : Maurice Obstfeld
Download or read book The Six Major Puzzles in International Macroeconomics written by Maurice Obstfeld and published by . This book was released on 2000 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: "We also address a variety of international pricing puzzles, including the purchasing power parity puzzle emphasized by Rogoff, and what we term "the exchange rate disconnect puzzle." The latter category of riddles includes both the Meese-Rogoff exchange rate forecasting puzzle and the Baxter-Stockman neutrality of exchange rate regime puzzle. Here, although many elements need to be added to our extremely simple model, trade costs still play an essential role."--Authors.
Book Synopsis Boggle Jr. Sticker Word Puzzles by : Patrick Blindauer
Download or read book Boggle Jr. Sticker Word Puzzles written by Patrick Blindauer and published by Sterling Publishing Company, Inc.. This book was released on 2008-09 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Young BOGGLE fans will love this latest and greatest collection, featuring fun word searches. It has hundreds of letter stickers designed to look like tiles from the game. So kids won t need to find a pen when they re ready to be entertained - the book is all they ll need! BOGGLE is a trademark of Hasbro and is used with permission. Copyright 2008 Hasbro. All Rights Reserved. Licensed by Hasbro.
Book Synopsis Puzzles, Paradoxes, Controversies, and the Global Economy by : Charles Wolf Jr.
Download or read book Puzzles, Paradoxes, Controversies, and the Global Economy written by Charles Wolf Jr. and published by Hoover Press. This book was released on 2015-06-01 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this wide-ranging collection of essays first published between 2007 and 2014, Charles Wolf Jr. shares his insights on the world's economies, including those of China, the United States, Japan, Korea, India, and others. First appearing in such periodicals as in Forbes, the Wall Street Journal, and the Weekly Standard, among others, these chapters take on a range of questions about the global economy. Wolf discusses the paradoxes and puzzles within China's political economy and in its interactions with the United States. He analyzes the shortcomings of Keynesian economics as a response to the 2008 recession, as well as the weaknesses of policies and actions inferred from the theory, and compares those weaknesses with those of austerity policies intended to limit government spending and indebtedness. He also offers his views on economic inequality and where its principal sources may truly lay, China's currency and the continuing controversy about whether and when it may become a major international reserve currency, and many more insights on key economic issues affecting the global economy. Bringing these essays together for the first time in a single volume, including two essays not yet published elsewhere, this book enables the reader to absorb the author's expert perspective during the years in a collection in which the whole is truly greater than the sum of its parts. Each chapter includes a brief "postaudit" in which the author attempts to grade how well or ill the essay seems in retrospect.
Book Synopsis Puzzles, Paradoxes, and Problem Solving by : Marilyn A. Reba
Download or read book Puzzles, Paradoxes, and Problem Solving written by Marilyn A. Reba and published by CRC Press. This book was released on 2014-12-15 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Classroom-Tested, Alternative Approach to Teaching Math for Liberal Arts Puzzles, Paradoxes, and Problem Solving: An Introduction to Mathematical Thinking uses puzzles and paradoxes to introduce basic principles of mathematical thought. The text is designed for students in liberal arts mathematics courses. Decision-making situations that progress from recreational problems to important contemporary applications develop the critical-thinking skills of non-science and non-technical majors. The logical underpinnings of this textbook were developed and refined throughout many years of classroom feedback and in response to commentary from presentations at national conferences. The text’s five units focus on graphs, logic, probability, voting, and cryptography. The authors also cover related areas, such as operations research, game theory, number theory, combinatorics, statistics, and circuit design. The text uses a core set of common representations, strategies, and algorithms to analyze diverse games, puzzles, and applications. This unified treatment logically connects the topics with a recurring set of solution approaches. Requiring no mathematical prerequisites, this book helps students explore creative mathematical thinking and enhance their own critical-thinking skills. Students will acquire quantitative literacy and appreciation of mathematics through the text’s unified approach and wide range of interesting applications.
Book Synopsis Controversies in Economics and Finance by : Imad A. Moosa
Download or read book Controversies in Economics and Finance written by Imad A. Moosa and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this fascinating book, Imad A. Moosa challenges existing preconceptions surrounding normative economics, arguing that what some economists see as undisputed facts of life may be myths caused by dogmatic thinking. Plausible explanations are suggested for puzzles in various areas of economics and finance, such as the home bias puzzle, the PPP puzzle and the presidential puzzle. Controversies in Economics and Finance is a thought-provoking and stimulating read that exposes common flaws in economic analysis. It will be of great benefit to academics, graduate students and policy-makers looking to understand the limits of economic analysis.
Book Synopsis Purchasing Power Parity and Real Exchange Rates by : Mark P. Taylor
Download or read book Purchasing Power Parity and Real Exchange Rates written by Mark P. Taylor and published by Routledge. This book was released on 2013-09-13 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term Purchasing Power Parity may date from the early twentieth century, when it was coined by the Swedish economist Gustav Cassel, but the underlying concept had been enjoying varying degrees of success since its development in sixteenth century Spain. Even towards the end of the twentieth century, and especially since the breakdown of the Bretton Woods system of fixed exchange rates, PPP and the stability of real exchange rates continued to be the subject of academic debate. This volume brings together essays covering aspects of current thinking on Purchasing Power Parity, from the various ways in which to test for its existence, to its appearance in different economies around the world, to examinations of the explanations given when PPP does not appear to hold This book was published as a special issue of Applied Financial Economics. The academic editor of this journal is Mark P. Taylor.
Book Synopsis Linguistic Categories: Auxiliaries and Related Puzzles by : F. Heny
Download or read book Linguistic Categories: Auxiliaries and Related Puzzles written by F. Heny and published by Springer Science & Business Media. This book was released on 1983-08-31 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on Papers Presented at the Fourth Groningen Round Table, Held in July 1980 and Organized by the Institute for General Linguistics of Groningen University
Book Synopsis International Finance by : H. Kent Baker
Download or read book International Finance written by H. Kent Baker and published by Oxford University Press. This book was released on 2013-01-17 with total page 701 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be divorced completely from international issues. International Finance reflects the new diversity of interest in international finance by bringing together a set of chapters that summarizes and synthesizes developments to date in the many and varied areas that are now viewed as having international content. The book attempts to differentiate between what is known, what is believed, and what is still being debated about international finance. The survey nature of this book involves tradeoffs that inevitably had to be made in the process given the vast footprint that constitutes international finance. No single book can cover everything. This book, however, tries to maintain a balance between the micro and macro aspects of international finance. Although each chapter is self-contained, the chapters form a logical whole that follows a logical sequence. The book is organized into five broad categories of interest: (1) exchange rates and risk management, (2) international financial markets and institutions, (3) international investing, (4) international financial management, and (5) special topics. The chapters cover market integration, financial crisis, and the links between financial markets and development in some detail as they relate to these areas. In each instance, the contributors to this book discuss developments in the field to date and explain the importance of each area to finance as a field of study. Consequently, the strategic focus of the book is both broad and narrow, depending on the reader's needs. The entire book provides a broad picture of the current state of international finance, but a reader with more focused interests will find individual chapters illuminating on specific topics.
Book Synopsis Unveiling the Effects of Foreign Exchange Intervention by : Gustavo Adler
Download or read book Unveiling the Effects of Foreign Exchange Intervention written by Gustavo Adler and published by International Monetary Fund. This book was released on 2015-06-23 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the effect of foreign exchange intervention on the exchange rate relying on an instrumental-variables panel approach. We find robust evidence that intervention affects the level of the exchange rate in an economically meaningful way. A purchase of foreign currency of 1 percentage point of GDP causes a depreciation of the nominal and real exchange rates in the ranges of [1.7-2.0] percent and [1.4-1.7] percent respectively. The effects are found to be quite persistent. The paper also explores possible asymmetric effects, and whether effectiveness depends on the depth of domestic financial markets.
Book Synopsis International Macroeconomics by : Robert C. Feenstra
Download or read book International Macroeconomics written by Robert C. Feenstra and published by Macmillan. This book was released on 2011-03 with total page 984 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining classic international economics with straight-from-the- headlines immediacy, Feenstra and Taylor’s text seamlessly integrates the subject’s established core content with topic areas and ideas that have emerged from recent empirical studies. A MODERN APPROACH FOR THE 21ST CENTURY International economics texts traditionally place greater emphasis on theory and a strong focus on the advanced countries. Feenstra/Taylor links theory to empirical evidence throughout the book, and incorporates coverage of emerging markets and developing economies (India, China, SE Asia) to reflect the evolving realities of the global economy. The new edition has been extensively revised and updated, especially in light of the ongoing world financial crisis. NOTE: Feenstra/Taylor, International Economics, Second Edition, is available in four versions: International Economics, 2e: 1-4292-3118-1 International Trade, 2e: 1-4292-4104-7 International Macroeconomics, 2e: 1-4292-4103-9 Essentials of International Economics, 2e: 1-4292-7710-5
Download or read book Financial Econometrics written by and published by Routledge. This book was released on with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Palgrave Handbook of Econometrics by : Terence C. Mills
Download or read book Palgrave Handbook of Econometrics written by Terence C. Mills and published by Springer. This book was released on 2009-06-25 with total page 1406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following theseminal Palgrave Handbook of Econometrics: Volume I , this second volume brings together the finestacademicsworking in econometrics today andexploresapplied econometrics, containing contributions onsubjects includinggrowth/development econometrics and applied econometrics and computing.
Book Synopsis Financial Econometrics by : Peijie Wang
Download or read book Financial Econometrics written by Peijie Wang and published by Routledge. This book was released on 2008-09-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an essential toolkit for all students wishing to know more about the modelling and analysis of financial data. Applications of econometric techniques are becoming increasingly common in the world of finance and this second edition of an established text covers the following key themes:- unit roots, cointegration and other develop
Book Synopsis Puzzles and Paradoxes in Economics by : Mark Skousen
Download or read book Puzzles and Paradoxes in Economics written by Mark Skousen and published by Edward Elgar Publishing. This book was released on 1997-05-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is full of puzzles and paradoxes that often frustrate and challenge everyone, including economists. This engaging book includes fifty puzzles and focuses on three types of paradox. First, everyday observations that appear to belie common sense (such as why some supermarket items sell for more per ounce in larger sizes). Secondly, those paradoxes which have perplexed economists in the past but have since been fairly resolved (such as the diamond–water paradox). Finally, empirical or conceptual anomalies that remain unresolved and present a challenge to today’s economists (such as the voting paradox).
