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Economics

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In the literature on trade policies, little attention has been paid so far to the effects of a passive participation of one firm in the rival on the trade policy choices in an export-rivalry context, although the theme of the ownership is acknowledged as crucial in the "strategic trade policy approach". Therefore, it is natural to ask if an industry characterized by the presence of such a type of cross-ownership could be a good (or a bad) candidate to be targeted with subsidy policies.
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Economics

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Challenges that policy makers face when they seek to enhance growth in a capitalist economy are that firms suffer uncertainties, inefficiencies and market failures, both in everyday operations management as well as in innovation management. This paper argues for agent-based modeling as a policy evaluation tool because it allows modeling the real-world complexity and experimentation with policy instruments that closely match those sought to use in reality.
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Economics

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This paper discusses methodological issues arising from dynamic estimation in economic models of happiness. It may be of practical assistance to researchers new to the field and/or to dynamic modelling.
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Economics

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Uncertainty rose sharply with the financial crisis 2008. The term ‘uncertainty’ itself is used in the literature with a range of meanings which in turn reflect different frameworks. This paper offers a simple diagrammatic representation of these differences, and illustrates its use with different depictions of the crisis, its aftermath and the policy response appropriate to each understanding.
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Economics

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How should an economy respond to a sudden stop of capital inflows? In particular, how should it combine the use of capital controls and high interest rates when attempting to stem capital outflows? The objective of this paper is to analyze the effect of interest rates in capital control regimes and explore the relationship using data from Iceland’s recent financial crisis.
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Economics

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Does a country’s borrowing in an integrated global financial market impose externalities on other countries? If so, are these spillovers exclusively redistributive or do they create or mitigate inefficiency? In this paper, W.H. Buiter and A.C. Sibert investigate cross-border pecuniary externalities associated with the transmission of national public debt policies through their effect on the global risk-free real interest rate.
http://www.economics-ejournal.org/economics/journalarticles/2016-2
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Economics

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Currently, oil price seems to fall with no end to slump in sight. The oil price trend has been volatile for several trading sessions. What are the drivers of volatility in oil prices? This paper explores the relationship between various oil shocks and oil market in terms of volatility and investigates the role of fundamentals and speculations.
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Have them in circles
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Economics

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Since energy consumption is highly induced by capital intensity in production, considering the lower capital intensity of the informal sector, this paper examines whether countries with larger informal sectors have lower levels of energy consumption. Results of this paper might be particularly useful for policy makers in shaping their attempts to construct energy policies or to combat with the informal sector.
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Economics

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The issue of protecting intellectual property rights (IPR) is the single biggest hurdle for most companies to overcome when thinking about entering a foreign market. The paper explains the link between the optimal mode of entry and technology transfer in a less developed country (LDC) with the IPR policy of the LDC government.
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Economics

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For many developing countries facing a weak balance of payments situation such as Pakistan, remittances have emerged as a large source of foreign exchange earnings. These empirical findings of this paper indicate that policies that aim to facilitate remittances should focus on reducing the transaction cost of sending money.
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Economics

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The authors of this paper find four leading indicators for China’s financial instability: deposits-to-loans ratio, or growth rates of total loans and deposits (credit indicator), CPI inflation (pice indicator), housing price index or real estate prosperity index (asset or investment indicator), growth rates of M2 (monetary indicator).
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Economics

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China’s economy hasn’t grown this slowly since 1990.
China’s economy grew by 6.9% in 2015 according to official figures released today.
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I know it can be avoided by technology.. I guess some version of "anti-thesis" will occur in the political Sphere for China that is.. Not sure about the India case
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Have them in circles
3,024 people
Malik Alkashi's profile photo
Tejaswini Yadav's profile photo
Bashir Ahmad Bello's profile photo
G5 CLASSIFIEDS™'s profile photo
srushti petkar's profile photo
Ismail Otoakhia's profile photo
宋云生's profile photo
ติ่มซำ ซาหริ่ม's profile photo
Centre for Finance and Development's profile photo
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The Open-Access, Open-Assessment E-Journal
Introduction

Economics is a new type of academic journal in economics. By involving a large research community in an innovative public peer review process, Economics aims to provide fast access to top-quality papers. Modern communication technologies are used to find for every research issue the best virtual team out of a network of highly motivated researchers from all over the world. Thus, publishing is seen as a cooperative enterprise between authors, editors, referees, and readers. Economics offers open access to all readers and takes the form of an e-journal, i.e. submission, evaluation, and publication are electronic. Read more at Aims and Scope

Economics has currently been selected  for coverage in the Social Sciences Citation Index (SSCI). It will be processed for coverage beginning with the first 2009 issue.

The journal is edited by the Kiel Institute for the World Economy (IfW) The German National Library of Economics (ZBW) provides technical services, archiving and dissemination.