Narrow search
Showing 1 - 10 of 74,216
Cover Image
Euro depreciation and trade asymmetries between Germany and Italy versus the US : industry-level estimates
Lucarelli, Stefano; Andrini, Filippo Umberto; Bianchi, … - In: Applied economics 50 (2018) 1, pp. 15-34
Persistent link: https://www.econbiz.de/10011845904
Cover Image
The benefits and costs of highly expansionary monetary policy
Rawdanowicz, Łukasz; Bouis, Romain; Watanabe, Shingo - 2013
How far to go – and to remain – in the direction of highly expansionary monetary policy hinges on the balance of marginal benefits and costs of additional monetary easing and its expected evolution over time. This paper sketches a framework for assessing this balance and applies it to four...
Persistent link: https://www.econbiz.de/10010231107
Cover Image
Tracking the Euro
Koen, Vincent; Boone, Laurence; de Serres, Alain; … - 2001
During the first two years of monetary union, the euro's weakness surprised most market participants. Explanations proliferated ranging from fundamentals such as differences in growth prospects to psychological factors such as herd behaviour, but no single story fully accounts for the observed...
Persistent link: https://www.econbiz.de/10012446955
Cover Image
Chinese foreign exchange reserves, policy choices and the U.S. economy
Neely, Christopher J. - 2017
China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world. The value of Chinese foreign exchange reserves peaked at just over $4 trillion in June 2014, but has since declined to $3.19 trillion as of August 2016. This very large decline...
Persistent link: https://www.econbiz.de/10011586659
Cover Image
International Sanctions and Dollar Dominance
Bianchi, Javier; Sosa Padilla, César - National Bureau of Economic Research - 2023
This paper investigates the implications of international financial sanctions for the reserve currency status of the US dollar. We propose a simple model of a reserve currency, demonstrate how the anticipation of financial sanctions can weaken the dollar's status, and evaluate the welfare...
Persistent link: https://www.econbiz.de/10014247945
Cover Image
Exchange rate effects on trade in services
Pattichis, Charalambos - In: Journal of Economic Studies 39 (2012) 6, pp. 697-708
Purpose – The purpose of this paper is to use disaggregated data on US-UK trade to investigate the effects of exchange rate depreciation on trade in services both in the short- and long-run. Design/methodology/approach – The paper focuses on the three traditional categories of...
Persistent link: https://www.econbiz.de/10010616615
Cover Image
Does a real devaluation improve the balance of trade?: empirics from Bangladesh economy
Aziz, Nusrate - In: Journal of Developing Areas 46 (2012) 2, pp. 19-41
Similar to many other developing countries Bangladesh, which is the country of my concern, has been pursuing an active exchange rate policy basically to maintain a viable external account position, and competitiveness of its products in world market. The purpose of the study is, therefore, to...
Persistent link: https://www.econbiz.de/10011096529
Cover Image
Investition in die Zukunft? : zur Entwicklung des deutschen Auslandsvermögens
Klär, Erik; Lindner, Fabian; Šehović, Kenan - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 3, pp. 189-197
Germany’s substantial current account surpluses are an ongoing subject of debate, both at the domestic and the European … consumption expenditures of an ageing population. This contribution gauges the profitability of Germany’s foreign wealth. It … greater benefits of a domestic investment offensive aiming to equip Germany for central long-term challenges. …
Persistent link: https://www.econbiz.de/10009727590
Cover Image
L'Eurosystème : un mécanisme de transferts en faveur des pays déficitaires ?. Le débat
Grjebine, André - In: Revue de l'OFCE N° 126 (2012) 7, pp. 269-298
the Eurozone, TARGET2 (Trans-European Automated Real-Time Gross Settlement Express Transfer). They criticize it under … assistance to some European States in trouble against the interests of other States - chiefly Germany. The next point is in their … Eurozone countries, thereby putting deficit countries in a prominent position in terms of money creation within the Eurozone …
Persistent link: https://www.econbiz.de/10011187097
Cover Image
Real effects of the sovereign debt crisis in Europe : evicence from syndicated loans
Acharya, Viral V.; Eisert, Tim; Eufinger, Christian; … - 2014
Persistent link: https://www.econbiz.de/10010409117