Showing 1 - 10 of 1,154
Based on a conjoint survey experiment we explore the support among European citizens for a European Union (EU) budgetary assistance instrument to combat adverse temporary or permanent economic shocks hitting Member States. Suitably designed, there is quite substantial support for such an EU...
Persistent link: https://www.econbiz.de/10012825998
implications of countercyclical fiscal policy for France, Germany and the UK. The model incorporates real wage rigidity which is …
Persistent link: https://www.econbiz.de/10012773638
dropped on average by -55% in the US and -45% in Germany from the onset of the crisis to the summer of 2021. In the US …, schools were closed longer in richer than in poorer areas, while in Germany the regional variation is much smaller. However …, Germany exhibited substantial variation by grade level, with a strong U-shaped patterns that implies that children attending …
Persistent link: https://www.econbiz.de/10013291960
Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and realistic framework allowing for possible asymmetric effects. We use monthly time-series data over the...
Persistent link: https://www.econbiz.de/10013291707
factors on observed inflation rates first in an accounting framework and then by relying on panel estimations. Our estimation …
Persistent link: https://www.econbiz.de/10013316808
This paper studies how the depreciation of sterling following the Brexit referendum affected consumer prices in the United Kingdom. Our identification strategy uses input-output linkages to account for heterogeneity in exposure to import costs across product groups. We show that, after the...
Persistent link: https://www.econbiz.de/10012844422
This paper estimates a model of the real exchange rate including standard fundamentals as well as two alternative measures of inflation expectations for five inflation targeting countries (UK, Canada, Australia, New Zealand, Sweden) over the period January 1993-July 2019. Both a benchmark linear...
Persistent link: https://www.econbiz.de/10013243236
We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical redistribution, state-owned banks systematically adjust their lending around local elections compared with private banks in the same province based on electoral competition and...
Persistent link: https://www.econbiz.de/10013246909
indices, namely the FTSE100 (UK), DAX30 (Germany), CAC40 (France), IBEX35 (Spain) and FTSE MIB40 (Italy), using fractional …
Persistent link: https://www.econbiz.de/10012866377
in Italy since 2013. I combine social security data with several empirical approaches, leveraging the time …
Persistent link: https://www.econbiz.de/10013293026