Das ifo Institut hat im Auftrag der Europäischen Kommission untersucht, wie sich die direkten und indirekten Kosten unterschiedlicher Währungen in der Europäischen Union seit Ende der achtziger Jahre verändert haben. Die Studie ergibt, daß die Kapitalmarktliberalisierung des...

This paper examines the J-curve for the bilateral trade between Croatia, the Czech Republic, Hungary, Poland, Slovakia, or Slovenia and the USA. This paper finds that the J-curve is not empirically confirmed for any of these six countries. Instead, after a shock to real depreciation, the trade...

This paper examines the J-curve for the bilateral trade between Croatia, the Czech Republic, Hungary, Poland, Slovakia, or Slovenia and the USA. This paper finds that the J-curve is not empirically confirmed for any of these six countries. Instead, after a shock to real depreciation, the trade...