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The Equilibrium Value of the Euro/$ US Exchange Rate: An Evaluation of Research

Stein, Jerome L. - 2001

The ultimate object of research concerning the Euro is to answer the following questions: (#1) What is the equilibrium trajectory of the nominal euro, measured as dollars/euro? (#2) To what extent has the equilibrium nominal euro been determined by relative prices (PPP), and to what extent has...

Persistent link: https://www.econbiz.de/10010324355

Tax pass-through in the European beer market

Ardalan, Aria; Kessing, Sebastian G. - 2019

We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of … value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 … EU member states, we estimate the tax pass-through of specific beer excise taxes and ad valorem value added taxes (VAT …

Persistent link: https://www.econbiz.de/10012018317

The behavioural zloty/euro equilibrium exchange rate

Beza-Bojanowska, Joanna; MacDonald, Ronald - 2009

reflect the best possible assessment of the equilibrium exchange rate. In this paper we use the BEER and PEER approach to … premium proxy as well as to our approach for computing the total misalignment. We demonstrate that the BEER/PEER estimates of …

Persistent link: https://www.econbiz.de/10010264576

Tax Pass-Through in the European Beer Market

Ardalan, Aria - 2019

Persistent link: https://www.econbiz.de/10012870645

Switching Beers? The Effects of Switching Costs on Prices and Profits in Competitive Markets

He, Xiaoyang; Siebert, Ralph - 2021

We consider a dynamic oligopoly on the beer market and study the differential effects of switching costs on product … costs across customer income segments and beer brands. Our supply estimation results show that the low-quality firm …

Persistent link: https://www.econbiz.de/10013228856

Trade Openness and Growth: A Network-Based Approach

Duernecker, Georg; Meyer, Moritz; Vega-Redondo, Fernando - 2021

In this paper, we propose a novel approach to the study of international trade that leads to a measure of country openness that is quite different from the various alternatives proposed by the received literature. In contrast to these, our measure does not use indicators of aggregate trade...

Persistent link: https://www.econbiz.de/10012658025

Cities and the Structure of Social Interactions: Evidence from Mobile Phone Data

Büchel, Konstantin; von Ehrlich, Maximilian - 2017

Social interactions are considered pivotal to agglomeration economies. We explore a unique dataset on mobile phone calls to examine how distance and population density shape the structure of social interactions. Exploiting an exogenous change in travel times, we show that distance is highly...

Persistent link: https://www.econbiz.de/10011698735

What Does Network Analysis Teach Us about International Environmental Cooperation?

Carattini, Stefano; Fankhauser, Sam; Gao, Jianjian; … - 2021

Over the past 70 years, the number of international environmental agreements (IEAs) has increased substantially, highlighting their prominent role in environmental governance. This paper applies the toolkit of network analysis to identify the network properties of international environmental...

Persistent link: https://www.econbiz.de/10012599233

High-Technology Entrepreneurship in Silicon Valley

Fairlie, Robert W.; Chatterji, Aaron K. - 2013

The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of the exceptionally tight labor market. A new measure of entrepreneurship derived from matching...

Persistent link: https://www.econbiz.de/10010328790

Feeling the Heat: Temperature, Physiology & the Wealth of Nations

Heal, Geoffrey; Park, Jisung - 2014

Does temperature affect economic performance? Has temperature always affected social welfare through its impact on physical and cognitive function? While many studies have explored the indirect links between climate and welfare (e.g. agricultural yield, violent conflict, or sea-level rise), few...

Persistent link: https://www.econbiz.de/10010333459