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This cross-country paper explains differences in external sector performance among four large euro area countries—France …, Germany, Italy, and Spain. The paper discusses that during 2001–04, the performance of the external sector differed markedly …
Persistent link: https://www.econbiz.de/10014407076
This paper investigates linkages between stock markets in seven industrialized countries since 1974. Empirical evidence shows that both nominal and real stock prices (and returns) are strongly positively correlated across countries, and that nominal exchange rate changes do not have systematic...
Persistent link: https://www.econbiz.de/10014396348
These Technical Notes on France explain integration of global financial markets. The stress tests for the France … constraints of the approach. Retail activity by foreign banks in France is small, but significant. The financial landscape in … France remains characterized by a large number of idiosyncrasies that affect monetary transmission. Macroeconometric models …
Persistent link: https://www.econbiz.de/10014405967
For the time being—and possibly for a considerable time to come—developments and prospects for the euro area are quite favorable. This upbeat outlook is underpinned by buoyant activity indicators and a supportive policy mix. High household and business confidence, rising capacity utilization...
Persistent link: https://www.econbiz.de/10014401965
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014405136
Multilateral Consultations are a new tool of multilateral surveillance for the IMF, designed to foster action-oriented debate and policy actions on a problem of systemic or regional importance. The first multilateral consultation focused on facilitating the resolution of global imbalances while...
Persistent link: https://www.econbiz.de/10014409833
This 2002 Article IV Consultation highlights that the real GDP of the Netherlands is projected to rise by 1 percent in …
Persistent link: https://www.econbiz.de/10014407354
Union is a major achievement but also a difficult process in the four countries (France, Germany, Italy, and Spain) …
Persistent link: https://www.econbiz.de/10014407227
Using domestic and export price data and a framework of markup over cost, pricing behavior of U.S. and Japanese manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than American exporters, who tend to price to domestic...
Persistent link: https://www.econbiz.de/10014395791
A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both developed and developing countries, it...
Persistent link: https://www.econbiz.de/10014399264