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distribution is also examined. We compare the situation in 2009 with that in 2014 (or 2013) for fifteen EU Member States … those in strong recovery by 2014. As EU-SILC micro-data containing household income for 2013 or 2014 are not available yet …, standard EUROMOD routines are enhanced with additional adjustments to the EU-SILC based input data in order to take into …
Persistent link: https://www.econbiz.de/10011646648
limiting its increase, comparing within and between seven diverse EU countries. We do that by measuring the implications of …
Persistent link: https://www.econbiz.de/10012012818
Durchschnitt niedriger. Es gibt aber auch hier Zollspitzen, die den EU-Exporteuren wehtun: Bei wichtigen Milchprodukten sind … Exporte der USA in die EU im Jahr 2015 mit 5,7 Mrd. US-Dollar an Zollzahlungen belastet, während Exporte der EU in die USA zu … insgesamt geringer, weil die Importe der EU aus den USA um 150 Mrd. US-Dollar unter den Importen der USA aus der EU liegen. …
Persistent link: https://www.econbiz.de/10011885911
The EU Directive on Corporate Sustainable Due Diligence has sparked fierce debate about the regulations of supply …
Persistent link: https://www.econbiz.de/10014476359
Nach Ende der akuten Phase der Corona-Krise soll der deutsche Außenhandel wieder stark zum wirtschaftlichen Aufschwung beitragen; die Rahmenbedingungen haben sich aber verändert. Aus Sicht der Autoren ist dafür eine neue Strategie gefragt. Die deutsche Außenhandelsförderung muss sich, wie...
Persistent link: https://www.econbiz.de/10012518409
We use a version of the New Area-Wide Model (NAWM) developed at the ECB in order to quantify the gains from monetary policy cooperation. The model is calibrated in order to match a set of empirical moments. We then derive the cooperative and (open-loop) Nash monetary policies, assuming that the...
Persistent link: https://www.econbiz.de/10003636288
In this paper, we examine the macroeconomic effects of alternative fiscal consolidation policies in the New Area-Wide Model (NAWM), a two-country open-economy model of the euro area developed at the European Central Bank (cf. Coenen et al., 2007). We model fiscal consolidation as a permanent...
Persistent link: https://www.econbiz.de/10003778833
Persistent link: https://www.econbiz.de/10003286307
In this paper, we outline a version of the New Area-Wide Model (NAWM) of the euro area designed for use in the (Broad) Macroeconomic Projection Exercises regularly undertaken by ECB/Eurosystem staff. We present estimation results for the NAWM that are obtained by employing Bayesian inference...
Persistent link: https://www.econbiz.de/10003790951
Persistent link: https://www.econbiz.de/10003864444