First, our baseline specification is an event analysis where we look at the relationship between the RER and the current account during the specific event window corresponding to a sudden stop or abrupt exchange rate depreciation episode. We employ lagged measures of trade openness outside the ...
In data broadcast systems, the server proactively transmits the information on a downlink channel; the clients access the data by listening to the channel. Wireless data broadcast systems can serve a large number of heterogeneous clients, minimizing power consumption as well as protecting the privacy...
A GDP price deflator, also called an implicit price deflator, measures inflation affecting the price of goods and services produced by a country for a particular year. It allows the GDP for a particular country to be compared across years using any starting point. Theformula for calculating the...
Evan Schwartz September 19‚ 2012 Current Event #1 With the internet came a whole new type of economy. Sites popped up with whole new ways to make purchases. Almost anything from around the world can be purchased online. For a while‚ the most popular transactional methods were to buy di...
TheageofUncertainty Currentaccountadjustmentshavebeenarecurrenteventinemergingeconomies.In somecaseslargeadjustmentsofthecurrentaccountaretheresultofsizableshocks suchaschangesintermsoftrade,oroutputupheavalsassociatedtowarsandtheir aftermath.However,inothercases,currentaccountadjustmentistheresultof currencycrisesor...
Extreme heat undermines the working capacity of individuals, resulting in lower productivity, and thus economic output. Here we analyse the present and future economic damages due to reduced labour productivity caused by extreme heat in Europe. For the a
interfere with homing instincts in salmon and this may be one very good explanation of the reduced numbers of returning salmon in rivers and streams impacted by acid rain. I wrote about this in my first scientific publication, a chapter in a book on how acid rain was affecting salmon farming...
experienced this level of violent terrorism so close to the Olympic Games. President Putin vowed to double security in all of Russia's railway stations and airports. During the Olympics, the government has planned for more than 40,000 law enforcement officials to be on hand at the event. ...
Netflix also largely avoided the technical issues that hampered the viewing of the Jake Paul-Mike Tyson fight, an event that attracted 60 million households. --Lastly, we note the passing ofRichard “Dick” Parsons, one of the leading corporate executives and crisis managers of his generation,...
The publication of this book in Chinese in Hong Kong was a major event with a political and historical significance that should increase with the appearance of the English-language version Political Meritocracy is a Good Thing: The Case of China Political meritocracy has been largely eclipsed fr...