Business-Cycle and Exchange- Rate Fluctuations in Emerging Market Economies in Asia, Latin America, and Central and Eastern Europe

Author(s):  
Marcelo S√°nchez
2013 ◽  
Vol 4 (1) ◽  
pp. 43-55 ◽  
Author(s):  
Jolanta Žemgulienė

The aim of this study is to examine the relationship between the supervisor’s perceived ethical behavior and work involvement in the context of different economic conditions – those of developed countries and the emerging market economies of the European Union. Economy-specific impact on the perceived ethical behavior of leaders and job involvement as its resultant attitude toward work was assessed by structural equation modeling of the data drawn from the populations of emerging market economies of Central and Eastern Europe and the developed economies of Western Europe. The data for the analysis were drawn from a large-scale European Values Study. Two samples used for the analysis consist of 899 supervisors from four developed economy European countries and 709 supervisors from four emerging economy countries of Central and Eastern Europe. The results provide empirical evidence that economy-specific context impacts the leaders’ perceived ethical behavior and its relationship with the attitude to job involvement.


2020 ◽  
Vol 6 (2) ◽  
pp. 163-167
Author(s):  
Fatma Taşdemir

There is a bulk of literature in analyzing the impacts of exchange rate regimes (ERRs) on capital flows into emerging market economies. However, these studies mainly do not take into account integration and cointegration properties of variables. This paper aims to tackle this important issue by investigating whether ERRs matter for the impacts of the main push (global financial conditions, GFC) and pull (real GDP) factors on capital inflows into emerging market economies. We find that worsening GFC decreases all types of capital inflow except foreign direct investments in case of floating ERR. This impact is statistically significant only for portfolio inflows in case of managed ERR. The pull factor is often positive and statistically significant in determining capital inflows in the long-run only under floating ERRs. These results suggest that the long-run impacts of the main pull and push factors on capital inflows are often magnified under more flexible ERRs.


Sign in / Sign up

Export Citation Format

Share Document