Une évaluation de la réforme financière dans les pays de l'OCDE (1995)
Cet article traite de la question de savoir si la libéralisation financière à conduit à un plus grand bien-être. Les avantages d'une meilleure allocation des ressources et une augmentation de...
Can Higher Reserves Help Reduce Exchange Rate Volatility?
Ketil Hviding, M. Nowak, Luca Antonio Ricci
This paper studies the role of an increase in foreign exchange reserves in reducing currency volatility for emerging market countries. The study employs a panel of 28 countries over the period...
Using overlapping generations (OLG) models calibrated on seven OECD countries -- the United States, Japan, France, Canada, Italy, the United Kingdom and Sweden -- the authors investigate the...
An Assessment of Financial Reform in OECD Countries
This paper reviews the experience with financial reform in OECD countries. A general overview of the course of deregulation is provided and the economic rationale for financial regulation is...
K. Hviding, J. Thornton - Does Inflation Affect Productivity Growth in the G7 Economies?
Hviding, Ketil, Thornton, John
Inflation and the level of total factor, capital and labor productivity are integrated of the same order and are cointegrated in each of the G7 countries. The long-run relationship is mainly...