Gächter, Martin; Lorenz, Hanno; Ramskogler, Paul; … - In: Monetary Policy & the Economy (2013) 2, pp. 75-92
crisis in the euro area. Yet empirical results are often ambiguous on the link between ULC developments and export … information and focuses on export-relevant sectors only. This trade-weighted ULC index is shown to have a substantially higher … explanatory power for export growth than traditional ULC measures. …