1.

Record Nr.

UNINA9910682518503321

Autore

Vogel Erica

Titolo

Migrant Conversions : Transforming Connections between Peru and South Korea / / Erica Vogel

Pubbl/distr/stampa

Berkeley, CA : , : University of California Press, , [2020]

©2020

ISBN

9780520974579

0520974573

Descrizione fisica

1 online resource (188 p.)

Collana

Global Korea ; ; 3

Disciplina

305.868/8505195

Soggetti

Foreign workers, Peruvian - Korea (South) - Social conditions

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Frontmatter -- Contents -- List of Illustrations -- Acknowledgments -- Introduction: Constructing “The End” -- 1. Peru, South Korea, Peru . . . -- 2. Monetary Conversion -- 3. Religious Conversion -- 4. Cosmopolitan Conversion -- Epilogue -- Notes -- Bibliography -- Index

Sommario/riassunto

A free open access ebook is available upon publication. Learn more at www.luminosoa.org. Peruvian migrant workers began arriving in South Korea in large numbers in the mid 1990s, eventually becoming one of the largest groups of non-Asians in the country. Migrant Conversions shows how despite facing unstable income and legal exclusion, migrants come to see Korea as an ideal destination. Some even see it as part of their divine destiny. Faced with looming departures, Peruvians develop cosmopolitan plans to transform themselves from economic migrants into pastors, lovers, and leaders. Set against the backdrop of 2008's global financial crisis, Vogel explores the intersections of three types of conversions- money, religious beliefs and cosmopolitan plans-to argue that conversions are how migrants negotiate the meaning of their lives in a constantly changing transnational context. At the convergence of cosmopolitan projects spearheaded by the state, churches, and other migrants, Peruvians change the value and meaning of their migrations. Yet, in attempting to make themselves at home in the world and give their families more opportunities, they also create



potential losses. As Peruvians help carve out social spaces, they create complex and uneven connections between Peru and Korea that challenge a global hierarchy of nations and migrants. Exploring how migrants, churches and nations change through processes of conversion reveals how globalization continues to impact people's lives and ideas about their futures and pasts long after they have stopped moving, or that particular global moment has come to an end.

2.

Record Nr.

UNINA9910973991103321

Autore

Clinton Kevin

Titolo

Constructing Forecast Confidence Bands During the Financial Crisis / / Kevin Clinton, Marianne Johnson, Huigang Chen, Ondrej Kamenik, Douglas Laxton

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612844201

9781462375943

1462375944

9781282844209

1282844202

9781452728872

1452728879

9781451873610

1451873611

Edizione

[1st ed.]

Descrizione fisica

23 p. : ill

Collana

IMF Working Papers

Altri autori (Persone)

ChenHuigang

JohnsonMarianne

KamenikOndrej

LaxtonDouglas

Disciplina

330.9;330.90511

Soggetti

Global Financial Crisis, 2008-2009

Financial crises - United States - Econometric models

Financial crises - European Union countries - Econometric models

Financial crises - Japan - Econometric models

Petroleum products - Prices - United States - Econometric models

Petroleum products - Prices - European Union countries - Econometric models

Petroleum products - Prices - Japan - Econometric models

Interest rates - United States - Econometric models

Interest rates - European Union countries - Econometric models

Interest rates - Japan - Econometric models



Bank loans - United States - Econometric models

Bank loans - European Union countries - Econometric models

Bank loans - Japan - Econometric models

Currency

Deflation

Economic theory

Energy: Demand and Supply

Foreign Exchange

Foreign exchange

Inflation

Macroeconomics

Macroeconomics: Production

Oil prices

Output gap

Potential output

Price Level

Prices

Production and Operations Management

Production

Real exchange rates

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"September 2009."

Nota di contenuto

Intro -- Contents -- I. Introduction -- II. Model Structure -- 2.1 Overview -- 2.2 Model components -- 2.2.1 Variable definitions -- 2.2.2 Underlying equilibrium values and stochastic processes -- 2.2.3 Bank lending tightening -- 2.2.4 Output gap -- 2.2.5 Unemployment -- 2.2.6 Inflation -- 2.2.7 Policy rule for the interest rate -- 2.2.8 Exchange rate -- 2.2.9 Variance and coviariance of disturbances -- III. GPM-Generated Confidence Bands -- 3.1 Construction -- 3.2 U.S. inflation -- 3.3 U.S. interest rate -- 3.4 U.S. output gap -- 3.5 Bank lending tightening -- IV. Conclusions -- References -- Figures -- 1. U.S. Year-on Year CPI Inflation -- 2. U.S. Interest Rate -- 3. U.S. Output Gap -- 4. Bank Lending Tightening -- 5. Oil Price.

Sommario/riassunto

We derive forecast confidence bands using a Global Projection Model covering the United States, the euro area, and Japan. In the model, the price of oil is a stochastic process, interest rates have a zero floor, and bank lending tightening affects the United States. To calculate confidence intervals that respect the zero interest rate floor, we employ Latin hypercube sampling. Derived confidence bands suggest non-negligible risks that U.S. interest rates might stay near zero for an extended period, and that severe credit conditions might persist.