Fo Oo Wsq, Miguel León-ledesma, Miguel León-ledesma, Peter Mcadam, Peter Mcadam, Giancarlo Corsetti, ...
We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods benchmarked against the EU. In part of the paper, we work with the concept of linear...
Does the world real interest rate affect the real exchange rate? The South East Asian experience
Karine Gente, Miguel León-Ledesma
We analyze the consequences of US real interest rate rises on the real exchange rate (RER) in a two-good overlapping generations model of a semi-small open economy. The equilibrium RER depreciates...
Population and income: Is there a puzzle?
João Faria, Miguel León-Ledesma, Adolfo Sachsida
This note presents wide evidence on the relationship between population and income for 125 countries for which data was available for the period 1950--2000. The main result is that there is a weak...