Reforms, Exchange Rates and Monetary Commitment: A Panel Analysis for OECD Countries

2007 ◽  
Vol 18 (3) ◽  
pp. 369-388 ◽  
Author(s):  
Ansgar Belke ◽  
Bernhard Herz ◽  
Lukas Vogel
Keyword(s):  
Exchange Rates ◽  
Oecd Countries ◽  
Panel Analysis

scholarly journals Triangular Trajectory of Sustainable Development: Panel Analysis of the OECD Countries

2021 ◽  
Vol 18 (5) ◽  
pp. 2374
Author(s):  
Taewook Huh ◽  
Yun Young Kim
Keyword(s):  
Sustainable Development ◽  
Co2 Emissions ◽  
Positive Impact ◽  
Oecd Countries ◽  
Development Economic ◽  
Ecological Modernization ◽  
Panel Analysis ◽  
Social Variables ◽  
Renewable Electricity ◽  
Social Expenditure

This study analyzes how the three pillars of sustainable development (economic growth, social justice, and environmental protection) have influenced each other for the past twenty-six years (from 1987 to 2013). The relationship between the triangular pillar of SD can be characterized by “ecological modernization”, “eco-socialism”, and the traditional debate between growth and distribution. This paper examined the correlation analysis of the nine representative variables in the three categories, adopting the cases of twenty-six OECD countries. In particular, the panel analysis (PCSE models) was conducted to identify the seven independent determinants affecting both response (dependent) variables and environmental factors (“CO2 emissions” and “renewable electricity output”). In short, during the entire period, the findings reveal that all economic and social variables did not have a positive impact on reducing CO2 emissions. However, the variables of “employment in industry” and “social expenditure” are effected by the increase of renewable electricity output. Consequently, highlighting the detailed findings different for each set period (1987–2013, 1987–2002, and 2003–2013), this study suggests the implications of the analysis result in the light of the theories of ecological modernization and eco-socialism.

Are the Real Exchange Rates of the New EU Member Countries in Line with Fundamentals? – Implications of the NATREX Approach

2012 ◽  
Vol 232 (2) ◽  
Author(s):  
Michael Frenkel ◽  
Isabell Koske
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Real Exchange Rate ◽  
Real Exchange Rates ◽  
Oecd Countries ◽  
The Real ◽  
Estimation Strategy ◽  
Limited Availability ◽  
Two Step Estimation ◽  
The Eu

SummaryThis paper derives equilibrium real exchange rates for the EU member countries that joined in 2004 and in 2007. Our analysis is based on the natural real exchange rate approach and uses data for the period 1980-2007. We employ a two-step estimation strategy to deal with the limited availability and reliability of data from these countries. We first estimate the model for a panel of 17 OECD countries and then apply the estimated relationship to the new EU member countries. While the model does not support the appreciation of some of the examined currencies in 2005-2007, the development of several other currencies of the CEECs appears to be fairly in line with our NATREX estimates.

DO DEFENCE EXPENDITURES SPUR GDP? A PANEL ANALYSIS FROM OECD AND NON‐OECD COUNTRIES

2007 ◽  
Vol 18 (3) ◽  
pp. 265-280 ◽  
Author(s):  
Chien‐Chiang Lee ◽  
Sheng‐Tung Chen
Keyword(s):  
Oecd Countries ◽  
Panel Analysis

Breaking Trend Functions in Real Exchange Rates: Evidence from Seventeen OECD Countries

1997 ◽  
Vol 19 (4) ◽  
pp. 781-802 ◽  
Author(s):  
Apostolos Serletis ◽  
Grigorios Zimonopoulos
Keyword(s):  
Exchange Rates ◽  
Real Exchange Rates ◽  
Oecd Countries ◽  
Trend Functions

Unveiling the Time-dependent Dynamics between Oil Prices and Exchange Rates: A Wavelet-based Panel Analysis

2020 ◽  
Vol 41 (01) ◽  
Author(s):  
Hyunjoo Kim Karlsson ◽  
Kristofer Månsson ◽  
Pär Sjölander
Keyword(s):  
Exchange Rates ◽  
Oil Prices ◽  
Time Dependent ◽  
Panel Analysis
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