Thesis (Ph. D.)--University of California, Los Angeles, 2003. / Vita. Includes bibliographical references (leaves 152-154).

Thesis (Ph. D.)--Duke University, 1991. / Vita. Includes bibliographical references (leaves 100-103).

Thesis (Ph. D.)--New York University, 1989. / Includes bibliographical references (leaves 165-182).

Thesis (M.Soc.Sc.)--University of Hong Kong, 1986. / Also available in print.

Thesis (M. A.)--China-U.S. Relations, University of Hawaii, 2009. / Advisor : Hammes, David. Bibliography p. 44-45.

Orientador: José Ricardo Barbosa Gonçalves / Dissertação (mestrado) - Universidade Estadual de Campinas, Instituto de Economia / Made available in DSpace on 2018-08-20T23:39:08Z (GMT). No. of bitstreams: 1 Nunes_LeonardoDias_M.pdf: 2321419 bytes, checksum: 94faaa7fdc7d73f5d56359dabddbd2b6 (MD5) Previous issue date: 2012 / Resumo: Este trabalho procura contribuir para a compreensão da difusão das ideias econômicas considerando a história econômica contemporânea do Brasil. Para tanto, contemplou-se o debate em torno da correção monetária devido ao impacto que este instrumento causou no bojo das reformas implementadas através da política econômica da ditadura militar. Primeiramente apresentamos um panorama da economia nacional a partir dos anos 1960, período marcado pelo baixo crescimento do PIB e alta inflação, caracterizado não só por uma crise econômica, mas também por uma crise de ordem política. Em seguida apresentamos como foram difundidas as ideias econômicas em torno da correção monetária no diário Folha de São Paulo, articulando as notícias publicadas neste diário com a avaliação da literatura existente sobre o tema. E, por fim, apresentamos algumas referências de Mário Henrique Simonsen e Maria da Conceição Tavares acerca do debate ocorrido em torno da correção monetária, em um momento em que o primeiro representava a corrente dos economistas ortodoxos e, a segunda, a corrente dos economistas heterodoxos / Abstract: This work aims to contribute to the comprehension of the diffusion of economic ideas considering the contemporary Brazilian economic history. For that, it was contemplated the debate around of the price level accounting due to the impact which this monetary policy instrument caused in the bulge of the reforms implemented by Dictatorship Regime. Thus primarily it was presented a view of the Brazilian economy after the decade of 1960, period that had a low growth of the GDP and high inflation, characterized by an economic and a political crises. Thereby it was presented how was diffused the economic ideas around the price level accounting in the newspaper Folha de São Paulo. Therefore it was articulated the published news in this newspaper with the existent literature evaluation about the issue. In this part it was presented some ideas of Mário Henrique Simonsen and Maria da Conceição Tavares about the debate occurred around the price level accounting. In that moment, the first one represented the orthodox economists and the second one the heterodox economists / Mestrado / Historia Economica / Mestre em Desenvolvimento Econômico

Both the ECB and the Fed implemented various unconventional measures in response to the last crisis. While the ECB's policies were based on direct lending to banks, the FED adopted large-scale asset purchases. According to the empirical evidence these policies had economically beneficial effects in the US and the Eurozone but these measures have also certain spillovers which scope and exact impacts are quite difficult to estimate. There have been already many papers focusing on cross-border impacts of the FED's policies, but far less studied the spillovers of the ECB's policies. This work provides a theoretical background concerning the unconventional monetary policies implemented by the ECB and the FED after 2008 and analyse the impacts of ECB's policies on six particular countries outside euro area. The Impulse Responses of output, inflation, domestic interest rate and exchange rate are analyzed via block-restricted VAR model. My results confirm that euro area monetary policy does have an impact on non-euro area countries, although the response of macroeconomic variables in analysed countries are heterogeneous and also differ in the period before and after September 2008. Countries seem to be indeed affected more by conventional monetary policies until September 2008, but the euro-area monetary policy spills over via unconventional policies after September 2008. Overall, the ECB's policies affect economic activity outside euro area, but does not have significant impact on inflation. Furthermore, the exchange rate just initially drops in response to monetary tightening, but this reaction usually does not last for more than four months.

Master of Arts / Department of Economics / Steven P. Cassou / In this report, I investigate the possibility of a monetary unification among the Arab States. The Gulf Cooperation Council (GCC) states that include Bahrain, Saudi Arabia, Qatar, UAE, Kuwait and Oman are coming together on the basis of common ethnicity, religion, culture, traditions, and monetary issues. This research will discuss different factors upon which the monetary unification and the birth of a new currency depend. For comparison to the Euro, I closely examined different factors such as inflation rates, exchange rates, trade, etc. over the past decade. As stated, this examination was done to see how these factors compare with those of the Euro region to determine if a similar monetary unification among the GCC states is possible. The target date for launching the new GCC currency was January 1, 2010; however that date has long passed. Although the above mentioned factors are favorable to currency unification of the GCC states, ample time is necessary to achieve such a herculean feat. After all, the Europeans did not achieve the unification of the Euro in one night. One hurdle to unification is that the GCC states still need to control the inflation rates in their own economies. Other economic factors, such as trade, have been favorable for all the GCC states, and all the states have been doing well in terms of the U.S. dollar (USD). Although unification may not have met the January 1, 2010 goal, the GCC will still be observing the economic factors and considering other possible scenarios. All the GCC countries vow to achieve this unification.

Using survey-based measures of future interest rate expectations from the Blue Chip Economic Indicators and the Survey of Professional Forecasters, we examine the relationship between monetary policy uncertainty, captured as the dispersion of interest rate forecasts, and fluctuations in real economic activity and core inflation. We use a flexible time-varying parameter vector autoregression (TVP-VAR) model to clearly isolate the dynamic effects of shocks to monetary policy uncertainty. To further study possible a possible nonlinear relationship between monetary policy uncertainty and the macroeconomic aggregates, we extract the impulse-response functions (IRF’s) estimated at each quarter in the time series, and use a multi-variate regression with various measures of the shape of the IRF’s and the level of monetary policy uncertainty at that quarter in the TVP-VAR model to gauge the relationship between the effectiveness of traditional monetary policy (shocks to the Federal Funds rate), forward guidance (shocks to expected interest rates) and uncertainty. The results show that monetary policy uncertainty can have a quantitatively significant impact on output, with a one standard deviation shock to uncertainty associated with a 0.6% rise in unemployment. The indirect effects are more substantial, with a one standard deviation increase in monetary policy uncertainty associated with a 23% decrease in the maximum response of unemployment to a forward guidance episode (interest rate expectations shock). This evidence points to the importance of managing monetary policy uncertainty (clear and direct forward guidance) as a key policy tool in both stimulating economic activity as well as propagating other monetary policy through the macroeconomy.

published_or_final_version / Economics and Finance / Master / Master of Economics