Showing 1 - 10 of 10
This paper studies to what extent the diversity of exchange rate regimes within Mercosur exerts an influence on the feasibility of a monetary union in this area. A semi-structural VAR model is built for each country, including a set of international and domestic variables. Based on impulse...
Persistent link: https://www.econbiz.de/10008791736
presented in the frequency approach named cohesion. This variable is estimated from the evolutionary co-spectral theory as … defined by Priestley and Tong (1973) and Priestley (1988-1996). We apply this theory to the measure of cohesion presented by … (1998-2003b) to determine the change in the cohesion path. The results show that the implementation of the ITP generates a …
Persistent link: https://www.econbiz.de/10008792926
This paper analyses the feasibility of a monetary union within the Mercosur, focusing on cycle synchronicity. Three questions are addressed, concerning respectively the features of shocks hitting each member, the impact of exchange rate regime differences on countries' responses and the share of...
Persistent link: https://www.econbiz.de/10008793162
This paper analyses the monetary consequences of the Latin-American trade integration process. We consider a sample of five countries -Argentina, Brazil, Chile, Mexico and Uruguay- spanning the period 1991-2007. The main question raised pertains to the feasibility of a monetary union between...
Persistent link: https://www.econbiz.de/10008790825
This paper analyses the monetary consequences of the Latin-American trade integration process. We consider a sample of five countries –Argentina, Brazil, Chile, Mexico and Uruguay- spanning the period 1991-2007. The main question raised pertains to the feasibility of a monetary union between...
Persistent link: https://www.econbiz.de/10008792452
The future membership of CEECs in the eurozone involves the risk of external asymmetric shocks, due to too strong a dependence on one sector or one customer country. By defining two indicators - sector-based and geographic - of exposure to shocks, taking into account the symmetry of the export...
Persistent link: https://www.econbiz.de/10008792695
This paper uses an augmented gravity model to investigate whether the 1978-2000 process of European integration has changed the geography of trade within France, with a particular focus on the trends experienced by border regions. We support the conclusion that, once controlled for bilateral...
Persistent link: https://www.econbiz.de/10010738936
In this paper we use data on French export prices at the disaggregated firm and product level to evaluate the effect of economic integration on price convergence. We use the European integration ‘experiment' and firm-level data on export prices to distinguish between two possible margins of...
Persistent link: https://www.econbiz.de/10008793459
This paper proposes to study how socio-economic characteristics shape preferences in European matters. It is assumed that social groups threatened by liberalization tend to be more euro-skeptical than others. This hypothesis is tested using individual-level data from two rounds of the European...
Persistent link: https://www.econbiz.de/10010635016
The main purpose of the present text is assessing EU law from the perspective of its "impact" on national systems of social protection, social services and labour law : how does EU governance affect "social policy" in the Union ? After recalling the main characteristics of EU governance and...
Persistent link: https://www.econbiz.de/10010635119