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Real Currency Appreciation in Accession Countries : Balassa-Samuelson and Investment Demand

Fischer, Christoph A. - 2016

Persistent link: https://www.econbiz.de/10012991268

Fischer, Christoph A. - 2016

Based on a classification of countries and territories according to their regime and anchor currency choice, the study considers the two major currency blocs of the present world. A nested logit regression suggests that long-term structural economic variables determine a given country's currency...

Persistent link: https://www.econbiz.de/10012991038

Price Convergence in the Emu? Evidence from Micro Data

Fischer, Christoph A. - 2016

The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states. In an investigation of this claim, the present study avoids problems of comparability and representativeness by using an extremely detailed and comprehensive scanner database on...

Persistent link: https://www.econbiz.de/10012991062

An Assessment of the Trends in International Price Competitiveness Among EMU Countries

Fischer, Christoph A. - 2016

Inflation differentials within European Monetary Union (EMU) are increasingly seen as exerting adverse effects on the … euro-area economies, in particular to those with relatively high inflation rates. Using three simple measures of …

Persistent link: https://www.econbiz.de/10012991149

A Reappraisal of the Evidence on PPP : A Systematic Investigation into Ma Roots in Panel Unit Root Tests and Their Implications

Fischer, Christoph A. - 2016

Persistent link: https://www.econbiz.de/10012991177

PPP : A Disaggregated View

Fischer, Christoph A. - 2016

Persistent link: https://www.econbiz.de/10012991373

Foreign Direct Investment, Spillovers and Absorptive Capacity : Evidence from Quantile Regressions

Girma, Sourafel - 2016

productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments … located at different quantiles of the productivity distribution by using conditional quantile regression. Overall, while there … matters for productivity spillover benefits. We find evidence for a u-shaped relationship between productivity growth and FDI …

Persistent link: https://www.econbiz.de/10012991322