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We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...
Persistent link: https://www.econbiz.de/10013009831
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10013012270
We analyze the effects of the increasingly expansionary monetary policies on the economic order and on the European integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long served as cornerstones for growth, prosperity and...
Persistent link: https://www.econbiz.de/10011809903
European new EU member states. Based on a Balassa-Samuelson model of productivity driven inflation, it finds a high probability …
Persistent link: https://www.econbiz.de/10014064076
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the …
Persistent link: https://www.econbiz.de/10003897541
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the …
Persistent link: https://www.econbiz.de/10003901015
Persistent link: https://www.econbiz.de/10008907306
We scrutinize the role of capital flows in competitiveness in a set of seven euro-area member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...
Persistent link: https://www.econbiz.de/10011443937
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the …
Persistent link: https://www.econbiz.de/10013154599
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the …
Persistent link: https://www.econbiz.de/10013155099