Showing 1 - 8 of 8
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10003897541
Persistent link: https://www.econbiz.de/10008907306
model for six euro area countries suggests domestic demand and capacity constraints as additional variables for export …
Persistent link: https://www.econbiz.de/10011300368
rate volatility on labor markets in the CEECs is analyzed, finding that volatility vis-à-vis the euro significantly lowers …
Persistent link: https://www.econbiz.de/10011509536
countries ; Euro area enlargement ; gravity model ; panel estimation …, we are able to predict the future impact of the Euro. Our findings suggest that except for the least integrated countries …
Persistent link: https://www.econbiz.de/10003750287
This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on...
Persistent link: https://www.econbiz.de/10002529920
Persistent link: https://www.econbiz.de/10001937672
whether uncertainty over future interest rates in the Euro area hampers monetary policy transmission. In this non-linear model … data on domestic investment and interest rates on corporate loans for 5 countries of the Euro area in the period ranging …
Persistent link: https://www.econbiz.de/10012099559