Trilemma or Dilemma : Inspecting the Heterogeneous
Response of Local Currency Interest Rates to Foreign Rates IMF
(2016-03-29)
This paper studies the heterogeneous response across
countries of local currency interest rates to foreign and domestic factors, thus
contributing to the discussion on the policy trilemma in international
economics. On average, fl .. more |
Unraveling the Oil Conundrum: Productivity Improvements and Cost Declines
in the U.S. Shale Oil Industry FRB (2016-03-29)
Why have large
declines in oil prices and in the rig count not triggered a more dramatic
decline in production? At what price level would a large share of U.S. shale oil
production lose economic viability? more |
The International Use of the Renminbi: Evidence from Japanese firm-level
data RIETI (2016-03-29)
The use of the Chinese renminbi (RMB) is
said to have been increasing in recent years for trade invoicing, due to active
promotion policies by the Chinese government. However, only patchy information
has been presented in the lite .. more |