Knihobot

David Richardson

    Principles and Agents
    Real-Financial Linkages Among Open Economies
    A Friend for Summer
    • A Friend for Summer

      A Children's Picture Book about Friendship and Pets

      Navigating the challenges of youth, the story explores the struggles of a shy child learning to form friendships. It delves into the emotional hurdles and growth experiences that come with trying to connect with others, highlighting the importance of self-discovery and resilience in the journey of growing up.

      A Friend for Summer
    • This paper integrates the contributions to a forthcoming volume of the same title by the authors. The volume analyzes and empirically examines linkages between the real and financial variables that themselves link open economies-- "linkage" thus has a double meaning. Two types of linkages are discussed. Structural linkages describe differences across economies and among sectors in market structure (competitive/oligopolistic), productivity growth, and openness to trade. Inter-temporal linkages describe differences across economies and over time or circumstance in saving preferences and capital formation, government budgets, portfolio shares of "inside" and "outside" assets, and openness to mobile financial flows. Structural linkages are important chiefly for explaining sustained divergences in national competitiveness as measured by purchasing-power-parity norms. Inter-temporal linkages also account for them, as well as for sustained divergences in current and capital-account positions, geographical growth rates, and national incomes of residents.

      Real-Financial Linkages Among Open Economies
    • Principles and Agents

      • 384 stránek
      • 14 hodin čtení

      A new history of the abolition of the British slave trade

      Principles and Agents