Showing 1 - 10 of 76,916
countries and product categories, in the euro area over the last fifteen years. Our results show that the transmission of … introduction of the euro caused a structural change in exchange rate pass-through. Although some estimated point elasticities have … manufacturing industries. And since the euro was introduced, industries producing differentiated goods have been more likely to …
Persistent link: https://www.econbiz.de/10014062124
invoice currencies in the transmission of exchange rate shocks. In this paper, we examine the introduction of the euro as a … existing theories. We use unique data on the invoice currencies of the universe of export and import transactions of a small … open economy trading with the Eurozone over the period 1997-2010. Before the euro, exports to the Eurozone were dominated …
Persistent link: https://www.econbiz.de/10014077203
countries and product categories, in the euro area over the last fifteen years. Our results show that the transmission of … introduction of the euro caused a structural change in exchange rate pass-through. Although some estimated point elasticities have … manufacturing industries. And since the euro was introduced, industries producing differentiated goods have been more likely to …
Persistent link: https://www.econbiz.de/10010283307
share of intermediate goods used in China's export goods production and the degree of exchange rate pass-through in imported …
Persistent link: https://www.econbiz.de/10013141974
Persistent link: https://www.econbiz.de/10003150535
Persistent link: https://www.econbiz.de/10003179742
The accession countries to the euro area are increasingly binding their economic activity, external and internal, to … the euro area countries. One aspect of this phenomenon concerns the currency invoicing of international trade transactions … within exporter profitability. These considerations yield country-specific estimates about the degree of euro …
Persistent link: https://www.econbiz.de/10012783660
The accession countries to the euro area are increasingly binding their economic activity, external and internal, to … the euro area countries. One aspect of this phenomenon concerns the currency invoicing of international trade transactions … within exporter profitability. These considerations yield country-specific estimates about the degree of euro …
Persistent link: https://www.econbiz.de/10012467023
What is the current state of sovereign credit risk across Euro zone? Does the recent fiscal crisis extend to other (non … Euro zone) countries? Is Greece the center of the problem? How did the current fiscal crisis in the Euro area start? Who is … behind it? Why can it evolve? How can it be addressed? And, is a fiscally-challenged country likely to want to leave the Euro …
Persistent link: https://www.econbiz.de/10013114887
Purpose – This paper examines the recently realized continuous volatility and discrete jumps of US Dollar/Euro returns … Dollar/Euro exchange rates have smaller daily jump probabilities by 20-30% than when we do not include the periodicity …, the five minute returns of US Dollar/Euro have considerably smaller jump probabilities …
Persistent link: https://www.econbiz.de/10012867197