Macroeconomic conditions and instability
How Macroeconomic Instability Lowers Child Survival
... poor" are particularly exposed to negative shocks, the effects of which are not compensated by positive ones. Macroeconomic instability can thus affect the standard of living of the poorest without ...
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Macroeconomic Instability and Corporate Failure: The Role of the Legal System *
... how macroeconomic instability affects a firm’s risk of bankruptcy and ...that macroeconomic conditions have a significant impact on bankruptcy and acquisition ...of instability on ...
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Macroeconomic Instability and Business Exit: Determinants of Failures and Acquisitions of UK Firms
... of macroeconomic conditions on firm failure and acquisition using a framework in which these are related processes, and where changes in the macroeconomic environment may interact with relevant firm ...
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Dollarization and macroeconomic instability in Ghana
... such conditions it is not wrong to predict that, as economic agents demand for more money their demand for foreign currencies increase as a store of value or for international ...
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Credit Market Imperfections and Macroeconomic Instability
... Economic Review, 19: 592‒611, which has been published in final form at http://dx.doi.org/10.1111/1468-0106.12085. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions ...
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Macroeconomic Instability in the European Monetary System?
... The ERM was a system of pegged, but adjustable, exchange rate in which the central parity grid could be altered to take into account changing economic conditions and relative performance of the participant ...
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Trade Regimes, Liberalization and Macroeconomic Instability in Africa
... Diversification: our empirical results show that terms of trade volatility contribute to macroeconomic volatility in the region. And one of the reasons African countries have high terms of trade volatility is that ...
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Real Exchange Rate Targeting and Macroeconomic Instability
... where n(c T ) ≡ k(q(c T )). The newly defined function n is not the same as the one defined under a deterministic PPP rule in the previous section, but it shares the same properties. In particular, the new function n is ...
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The Role of Consumption Labor Complementarity as a Source of Macroeconomic Instability
... the conditions under which monetary policy can lead to indeterminacy under a balanced budget requirement are well understood: active interest rules within a balanced budget requirement generate determinacy and ...
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Working Paper No. 487 Shadow banks and macroeconomic instability
... in macroeconomic volatility. We then give conditions under which the negative correlation between traditional and shadow bank credit seen in figure 1 come about, and quantify the additional credit dynamics ...
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Financial Fragility and Macroeconomic Instability in a Heterogeneous Interacting Agents Framework
... As we will discuss below, a central point is the interplay between real and financial factors, that is the relationship between financial instability and macroeconomic evolution. On the one hand, a ...
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Decentralization, Subnational Governments' Behaviour and Macroeconomic Instability: The Case of Malaysia
... des conditions plus strictes comme le montant des dettes déjà contractées ainsi que la performance des Etats en termes des services de la dette soient prises en compte avant que de nouveaux emprunts soient ...
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Institutions and Macroeconomic Instability in Nigeria
... of macroeconomic stability across countries (World Governance Indicator WGI, ...Since macroeconomic instability refers to phenomena that make the domestic macroeconomic environment less ...
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Macroeconomic instability and the incentive to innovate
... 22 spending. Such hypothesis has been tested by part of the previously reported literature (Rafferty and Funk, 2008; Aghion et al., 2008; Bohva-Padilla et al., 2009), and the results shown in Column (3) are in line with ...
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Macroeconomic instability and the incentive to innovate
... of macroeconomic fluctuations on macro-performance, 3 however, some adopted a more general focus on the effects of volatility on overall private investment, with conflicting results (Hartman, 1972; Abel, 1983; ...
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Argentina: Debt and Macroeconomic Instability
... Increasing burdens of debt service, because of higher interest rates and real depreciation increased the budget deficit ratio (g) and hence raised money creation and inflation.. The inst[r] ...
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Progressive income taxes and macroeconomic instability
... This con
rms their principle conclusion: if agents consumptions are mostly nanced by wage income (resp. capital income), then the endogenous uctuations are ruled out if progressive ta[r] ...
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Macroeconomic instability in Afghanistan: causes and solutions
... of instability are not mutually exclusive, and may interact in various ...that macroeconomic instability is both a cause and a reflection of ...Whilst macroeconomic instability ...
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Total Factor Productivity and Macroeconomic Instability
... by macroeconomic instability but TFP growth volatility may not capture the macroeconomic ...measure macroeconomic instability is of a non-linear ...
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Macroeconomic Instability, Migration, and the Option Value of Education
... In contrast to these two bodies of literature, we assume the mean return to human capital to be equal at the origin and destination, and focus on the effects of instability (or income variability) on education and ...
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