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'Locomotive' and Other Channels of Transmission under Flexible Exchange Rates
Braga de Macedo, Jorge - C.E.P.R. Discussion Papers - 1987
. The starting point is the traditional channel through exports and imports known as the "locomotive". The intertemporal …
Persistent link: https://www.econbiz.de/10005498185
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The Purchasing Power Parity Debate
Taylor, Alan M.; Taylor, Mark P - C.E.P.R. Discussion Papers - 2004
, in particular, have improved estimation. As deviations narrowed between real exchange rates and PPP, so did the gap …
Persistent link: https://www.econbiz.de/10005662378
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How do different exporters react to exchange rate changes? Theory, empirics and aggregate implications
Berman, Nicolas; Martin, Philippe; Mayer, Thierry - C.E.P.R. Discussion Papers - 2009
This paper analyzes the reaction of exporters to exchange rate changes. We present a model where, in the presence of distribution costs in the export market, high and low productivity firms react differently to a depreciation . Whereas high productivity firms optimally raise their markup rather...
Persistent link: https://www.econbiz.de/10008506840
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Sterling Misalignment and British Trade Performance
Bean, Charles R - C.E.P.R. Discussion Papers - 1987
In the first part of this paper I use a small macroeconomic model to examine the causes of the appreciation of sterling during 1979-81. Oil takes about half of the blame. Contractionary monetary policies alone do not seem sufficient to explain the rest, but when coupled with adverse supply-side...
Persistent link: https://www.econbiz.de/10005666768
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Concording EU Trade and Production Data over Time
Bernard, Andrew B.; van Beveren, Ilke; Vandenbussche, Hylke - C.E.P.R. Discussion Papers - 2012
This paper provides concordance procedures for product-level trade and production data in the EU and examines the implications of changing product classifications on measured product adding and dropping at Belgian firms. Using the algorithms developed by Pierce and Schott (2012a,b), the paper...
Persistent link: https://www.econbiz.de/10011083798
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The implications of natural resource exports for non-resource trade
Harding, Torfinn; Venables, Anthony J - C.E.P.R. Discussion Papers - 2013
Foreign exchange windfalls such as those from natural resource revenues change non-resource exports, imports, and the … increase imports by 25 cents, implying a negligible effect on foreign saving. The negative per dollar impact on exports is … that the response to a dollar of resource revenue is, approximately, to decrease non-resource exports by 75 cents and …
Persistent link: https://www.econbiz.de/10011083402
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Determinants of Korean Trade Flows and their Geographical Destination
Giorgianni, Lorenzo; Milesi-Ferretti, Gian Maria - C.E.P.R. Discussion Papers - 1997
provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s. …
Persistent link: https://www.econbiz.de/10005497842
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The Market for Cars in the Enlarged European Community
Smith, Alasdair - C.E.P.R. Discussion Papers - 1989
restrictions on exports of Japanese cars to Community markets are modeled as having an anti-competitive effect. The model is …
Persistent link: https://www.econbiz.de/10005661483
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Quantifying a Dangerous Obsession? Competitiveness and export performance in an OECD Panel of Industries
Carlin, Wendy; Glyn, Andrew J; Van Reenen, John - C.E.P.R. Discussion Papers - 1997
This paper analyses the impact of cost competitiveness and technology on export performance using a very rich panel …
Persistent link: https://www.econbiz.de/10005136613
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Surprising Similarities: Recent Monetary Regimes of Small Economies
Rose, Andrew K - C.E.P.R. Discussion Papers - 2013
stability. Are there important differences between the economic outcomes of the two stable regimes? I examine a panel of annual …
Persistent link: https://www.econbiz.de/10011083734