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- Cuba (3)
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- Dominican Republic (1)
- Dominican economy (1)
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- Manganelli model (1)
- Market microstructure (1)
- Moscow Stock Exchange (MOEX) (1)
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- New York Stock Exchange (NYSE) (1)
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Articles 1 - 6 of 6
Full-Text Articles in International Economics
Performance Of American And Russian Joint Stock Companies On Financial Market. A Microstructure Perspective, Magdalena Osińska, Andrzej Dobrzyński, Yochanan Shachmurove
Performance Of American And Russian Joint Stock Companies On Financial Market. A Microstructure Perspective, Magdalena Osińska, Andrzej Dobrzyński, Yochanan Shachmurove
Publications and Research
This paper compares the periods before and after the Ukrainian crisis of 2014 from the perspective of market microstructure. The hypothesis is that the crisis influenced the fragile Russian financial market equilibrium. As financial markets adapt to the new equilibrium, the paper studies the effects of the crisis and the imposition of economic sanctions on Russia in terms of volatility, duration, prices and volume for selected joint stock companies listed on the U.S. and the Russian stock markets. Results reveal that the Moscow Stock exchange lacks an appropriate transmission mechanism from informed investors to the rest of the market.
Does U.S. Macroeconomic News Make Emerging Financial Markets Riskier?, Esin Cakan, Nadia Doytch, Kamal P. Upadhyaya
Does U.S. Macroeconomic News Make Emerging Financial Markets Riskier?, Esin Cakan, Nadia Doytch, Kamal P. Upadhyaya
Publications and Research
This study analyzes the impacts of US macroeconomic announcement surprises on the volatility of twelve emerging stock markets by employing asymmetric GJR-GARCH model. The model includes both positive and negative surprises about inflation and unemployment rate announcements in the U.S. We find that volatility shocks are persistent and asymmetric. Asymmetric volatility increases with bad news on US inflation in five out of the twelve countries studied and it increases with a bad news on U.S. unemployment in four out of twelve countries. Asymmetric volatility decreases with good news about US employment situation in eight countries out of twelve countries. Such …
Los Efectos De Las Transformaciones Agrícolas En Los Antiguos Países Socialistas: Algunas Consideraciones Para Cuba, Mario A. Gonzalez-Corzo
Los Efectos De Las Transformaciones Agrícolas En Los Antiguos Países Socialistas: Algunas Consideraciones Para Cuba, Mario A. Gonzalez-Corzo
Publications and Research
Este estudio ofrece una síntesis de los efectos principales de las transformaciones agrícolas en un grupo selecto de antiguos países socialistas de Asia y Europa, tomando en base la importancia de indicadores como la producción física, la productividad laboral y los rendimientos agrícolas, y evalúa algunas consideraciones relevantes en el caso de Cuba. Por razones de espacio, el estudio no incluye otros indicadores de los efectos de las reformas agrícolas como los ingresos rurales, el impacto ambiental y los costos de oportunidad relacionados con la transición. Los países incluidos en el estudio son: China, Vietnam, Rusia, Ucrania, Estonia, La Republica …
Nafta, Cafta And The Environment: The Role Of Institutions, Sherrie Baver
Nafta, Cafta And The Environment: The Role Of Institutions, Sherrie Baver
Publications and Research
This essay examines the institutionalization of environmental concerns, primarily focusing on NAFTA, and argues that the 1994 agreement should be seen as a positive first attempt to raise the profile of environmental concerns within discussions of expanding global trade. More specifically, NAFTA and subsequent U.S. FTAs have contributed to the growth of procedural environmental rights that have the potential to deepen democracy in the wider political system. Given that free trade agreements represent the U.S. approach to world trade at present, this paper takes the practical position that building on NAFTA’s foundation, opportunities exist to continue promoting environmental sustainability within …
Políticas Y Medidas Para Fomentar Las Remesas Familiares En La República Dominicana: Impacto Económico Y Lecciones Para Cuba, Mario A. Gonzalez-Corzo, Scott Larson
Políticas Y Medidas Para Fomentar Las Remesas Familiares En La República Dominicana: Impacto Económico Y Lecciones Para Cuba, Mario A. Gonzalez-Corzo, Scott Larson
Publications and Research
No abstract provided.
Cuba's De-Dollarization Program: Policy Measures, Main Objectives, And Principal Motivations, Mario A. Gonzalez-Corzo
Cuba's De-Dollarization Program: Policy Measures, Main Objectives, And Principal Motivations, Mario A. Gonzalez-Corzo
Publications and Research
This paper examines the main characteristics of Cuba’s de-dollarization program, the objectives of these policy measures, and their principal causes and motivations. The paper is organized in three sections. The first section describes the policy measures associated with the process of de-dollarization, followed by a detailed account of their main objectives (section two), and an analysis of their principal causes and motivations (section three).