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In order to study the costs/benefits of a monetary union between Germany and France, we attempt to go beyond a mere …, Germany would lose from any French participation in the setting of domestic monetary policy. By contrast, however, France …
Persistent link: https://www.econbiz.de/10005123945
This paper investigates why the slope of the yield curve predicts future economic activity in Germany and the United … spread in that country. However, the main reason for the stronger leading indicator property in Germany is the positive … at lag four in Germany and almost nothing in the United States. …
Persistent link: https://www.econbiz.de/10005123911
Germany in the EMS and is consistent with the evidence that membership has induced several countries to disinflate more than …
Persistent link: https://www.econbiz.de/10005791579
Asset price inflation presents central banks with a puzzle. I examine the case of Germany, 1925-7, when the Reichsbank …
Persistent link: https://www.econbiz.de/10005792124
France's post-war growth has gone through four phases. The strong growth performance of the 1950s was helped by a … the return of the franc to convertibility, both in 1958, and then in the 1980s, France still appears to be struggling and …
Persistent link: https://www.econbiz.de/10005123721
) on France. Taking a political-economy perspective, we attempt to detect potential demand for protection at the sectoral … closes by drawing a comparison with France's adjustment to the EU's 1986 Southern enlargement (to Spain and Portugal …
Persistent link: https://www.econbiz.de/10005123752
broader attitude. It may help explain the predominantly anti-trade rhetoric of France's right-wing governments, although …
Persistent link: https://www.econbiz.de/10005136730
depend on the mobility concept used. Specifically, we find: over time, income mobility in France has risen for some concepts …
Persistent link: https://www.econbiz.de/10005497808
. Empirical data is consistent with increasing levels of looting in France during the 1930s. We provide a comparison with Britain …
Persistent link: https://www.econbiz.de/10011083663
The aim of this paper is to isolate and measure the respective importance of political and economic aspects in two critical episodes of the French inter-war period: the stabilization process of the mid-1920s and the reluctance to abandon the gold standard during the 1930s. We do this by...
Persistent link: https://www.econbiz.de/10005662302