competitiveness. It finds that the euro area was hit particularly hard by the contraction in global demand. Moreover, the collapse in … competitiveness, resulting in further losses in competitiveness compared to our main trading partners, in line with pre-crisis trends …. This view is also confi rmed by evidence from broad-based competitiveness measures, which show that euro area countries …

competitiveness. We preliminarily use constant market share analysis and gravity estimations to show that the majority of the decline … U.S. market share is not a sufficient statistic for competitiveness. We then derive a computable measure of country …-sector specific real marginal costs (i.e. competitiveness) which, insofar it is inferred from actual trade ows, is referred to as …

While there are many methods to measure the competitiveness of an economy, most of these concepts ignore the fact that … competitiveness can change because of market processes like wage negotiation but also because of political decision … competitive position. Disentangling market-induced and politics-induced changes in competitiveness is not easy, but strongly …

competitiveness and the continuous deepening of already existing trade relationships, while cutthroat competition has not materialized …

pressures, increase in competitiveness, and higher output. A rational expectation and a learning version of the ECB’s New Multi …

and Monetary Union (EMU) and the role of persistent losses in competitiveness. This paper starts by investigating some of … the competitiveness factors which contributed to external imbalances in euro area countries. The evidence suggests … significant heterogeneity across countries in both price/cost and non-price competitiveness in the euro area and that there is no …

competitiveness. It finds that the euro area was hit particularly hard by the contraction in global demand. Moreover, the collapse in … competitiveness, resulting in further losses in competitiveness compared to our main trading partners, in line with pre-crisis trends …. This view is also confi rmed by evidence from broad-based competitiveness measures, which show that euro area countries …

international competitiveness, which would further affect the potential for longer-term real GDP growth. JEL Classification: E22, E …

This paper examines the role of government wages in ensuring macroeconomic stability and competitiveness in the euro … wage growth and competitiveness losses. These findings underpin the need for prudent public wage policies supported by … competitiveness in Economic and Monetary Union. JEL Classification: E22, E50 …