Zobrazeno 1 - 10
of 35
pro vyhledávání: '"Sweta Chaman Saxena"'
Publikováno v:
Industrial and Corporate Change
The large fall in global output and massive job losses during the current pandemic is creating a socio-economic upheaval that is likely to persist over time. From previous crises, we know that some of their effects are likely to leave permanent scars
Publikováno v:
SSRN Electronic Journal.
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. I
Autor:
Sweta Chaman Saxena, Valerie Cerra
Publikováno v:
SSRN Electronic Journal.
All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses. These findings have far-reaching conceptual and policy implications. A new paradig
Autor:
Sweta Chaman Saxena, Valerie Cerra
Publikováno v:
Journal of African Economies. 23(3):346-360
This paper tests the performance of the macroeconomic balance (MB) approach (or fundamental equilibrium exchange rate approach) in predicting future movements of real exchange rates (RERs) and current accounts. The analysis is conducted for countries
Autor:
Sweta Chaman Saxena, Valerie Cerra
Publikováno v:
Applied Economics Letters. 15:1153-1157
This article combines common factor extraction techniques with permanent and temporary regime switching to analyse Chile's business cycle fluctuations. We find asymmetries across business cycle episodes as well as within the cycle.
Publikováno v:
The Journal of Development Studies. 44:1190-1213
Capital flight undermines economic growth and the effectiveness of debt relief and foreign aid, and sometimes drains more resources from poor countries than does debt service. In an analysis of a large panel of developing and emerging market countrie
Autor:
Sweta Chaman Saxena
Publikováno v:
The Indian Economic Journal. 55:119-139
This paper attempts to include India with east and Southeast Asia to study the existence of the economic criteria for a common currency. The analysis in this paper shows that significant complementarities in trade exist among these countries and most
Autor:
Sweta Chaman Saxena, Deniz Atasoy
Publikováno v:
Emerging Markets Finance and Trade. 42:29-45
There is a consensus among scholars that overvalued exchange rates result in currency crises. This paper estimates the equilibrium real exchange rate for Turkey using the correct methodology and finds that the lira was indeed overvalued before the cr
Autor:
Sweta Chaman Saxena
Publikováno v:
Journal of Asian Economics. 16:635-662
The paper examines if the seven South Asian countries satisfy the criteria to form an optimal currency area. The empirical part of the paper reveals some positive attributes (such as the existence of positive shocks for major economies like India, Pa
Publikováno v:
Accounting, Business & Financial History. 14:339-353
Given that technological innovations in the banking sector in industrialised countries have been shown to increase productivity of this industry around the world, then why did India shy away from adopting this technology until the 1990s? Why has Indi