The Tradeoffs of Trade Policy

... Producers in the exporting country experience a decrease in well-being as a result of the VER well-being as a result of the quota The aggregate welfare effect for the country is found by TO WHOLE COUNTRY ... quota on trade imposed by the exporting country, typically at the request of the importing country s government consumers of the product in...

Ngày tải lên: 12/07/2014, 14:18

... of monetary policy on the economy and on residential property prices (CGFS 2006) On the other hand, Tsatsaronis and Zhu (2004) conjecture that the prevalence of securitisation should reduce the ... the large 16 To identify the monetary policy shock it is sufficient to determine the position of the monetary policy instrument; the ordering of t...

Ngày tải lên: 24/10/2012, 09:40

... The Price Stability Goal and the Nominal Anchor • Over the past few decades, policy makers throughout the world have become increasingly aware of the social and economic costs of inflation and ... All rights reserved Other Goals of Monetary Policy • Five other goals are continually mentioned by central bank officials when they discuss the objectives of monetary...

Ngày tải lên: 15/11/2013, 20:27

... O N P A P E R S Higher Economic Growth through Macroeconomic Policy Coordination? The Combination of Wage Policy and Monetary Policy by Klaus-Jürgen Gern, Carsten-Patrick Meier and Joachim Scheide ... Februar 2003 Euro 399 Higher Economic Growth through Macroeconomic Policy Coordination? The Combination of Wage Policy and Monetary P...

Ngày tải lên: 20/02/2014, 20:20

... against the purposes of the functionality doctrine B Purposes of the Functionality Doctrine The functionality doctrine is a judicial expression of caution directed against conferral of trade-dress protection ... theories II THE "IDENTFrCATlON" THEORY OF FUNCIONALrrY AND ITS TESTS A The "Identification" Theory The "identification" theory of function...

Ngày tải lên: 07/03/2014, 12:20

... growth and interest rates Cook and Hahn (1989) test for evidence of the Fed’s influence on rates by examining the reaction of interest rates to Fed target changes They estimate the reaction of rates ... between three- and six-month rates before and after the founding of the Fed The two rates moved together more closely in the later period, as pred...

Ngày tải lên: 15/03/2014, 01:20

... action, and that the response BANK LENDING AND TRANSMISSION OF MONETARY POLICY 61 occurs discretely at the time of the bank examination that results in the enforcement action Furthermore, the imposition ... several testable hypotheses concerning both the responsiveness of loans to changes in monetary policy and BANK LENDING AND TRANSMISSION OF...

Ngày tải lên: 15/03/2014, 10:20

Ngày tải lên: 23/03/2014, 05:22

... Interest Rates and the Conduct of Monetary Policy in China Institutional background 2.1 The monetary policy framework in China According to the Law on the People’s Bank of China, the aim of monetary ... Transition Bank of Finland BOFIT Discussion Papers 21/ 2011 Dong He and Honglin Wang Dual-track Interest Rates and the Conduct of M...

Ngày tải lên: 29/03/2014, 13:20

... managing the liquidity situation in the market and signalling the stance of monetary policy They also provide the bulk of refinancing to the financial sector The operational features of the main ... pursuit of the business of credit institutions (recast), Official Journal of the European Union (OJ), L 177 of 30 June 2006, page ECB The implementation...

Ngày tải lên: 28/06/2014, 08:20

... managing the liquidity situation in the market and signalling the stance of monetary policy They also provide the bulk of refinancing to the financial sector The operational features of the main ... pursuit of the business of credit institutions (recast), Official Journal of the European Union (OJ), L 177 of 30 June 2006, page ECB The implementation...

Ngày tải lên: 28/06/2014, 22:20

... common trade policy theory to all the countries The foreign trade policy should be changed according to the real situation of the country Generally speaking, at the beginning of the development of ... behaviour of individuals, businesses and larger groups by offering or exacting economic benefits/taxes Other benefits may spin off, primarily as subsidies may act as a form of...

Ngày tải lên: 12/07/2014, 14:21

... This paper investigates the impact of trade policy change on food imports and availability in Central America, in the context of regional changes in diet and health and a progressive liberalization ... increased rates of obesity and diet- related chronic diseases – in particular, cardiovascular disease, cancer and diabetes [1] Trade liberalization therefore...

Ngày tải lên: 11/08/2014, 14:21