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Three essays in international economics

Jeoffrey H.G. Malek Mansour

ULB Institutional Repository from ULB -- Universite Libre de Bruxelles

Abstract: This thesis consists in a collection of research works dealing with various aspects of International Economics. More precisely, we focus on three main themes: (i) the existence of a world business cycle and the implications thereof, (ii) the likelihood of asymmetric shocks in the Euro Zone resulting from fluctuations in the euro exchange rate because of differences in sector specialization patterns and some consequences of such shocks, and (iii) the relationship between trade openness and growth influence of the sector specialization structure on that relationship.

Regarding the approach pursued to tackle these problems, we have chosen to strictly remain within the boundaries of empirical (macro)economics - that is, applied econometrics. Though we systematically provide theoretical models to back up our empirical approach, our only real concern is to look at the stories the data can (or cannot) tell us. As to the econometric methodology, we will restrict ourselves to the use of panel data analysis. The large spectrum of techniques available within the panel framework allows us to utilize, for each of the problems at hand, the most suitable approach (or what we think it is).

Keywords: International economic relations; Macroeconomics -- Econometric models; Business cycles -- Econometric models; Foreign exchange rates -- Econometric models; Monetary unions -- Europe; Euro-dollar market; Relations économiques internationales; Macroéconomie -- Modèles économétriques; Cycles économiques -- Modèles économétriques; Taux de change -- Modèles économétriques; Unions monétaires -- Europe; Eurodollar, Marché de l'; Panel Data Techniques / Analyse des Donnees de Pan; International Economics / Economie Internationale; International Trade / Commerce International (search for similar items in EconPapers)
Pages: 1 v. (209 p.)
Date: 2006-01-25
Note: Degree: Doctorat en sciences économiques, Orientation économie
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