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1
Inter-Temporal Savings, Current Account Dynamics and Asymmetric Shocks in a Heterogeneous European Monetary Union
Schnabl, Gunther
-
2013
In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current account imbalances have gained rising attention. Whereas Greece and Ireland struggle for austerity in private and public spending, Germany is urged to reduce its current account...
Persistent link: https://www.econbiz.de/10013094029
Saved in:
2
Inter-temporal Savings, Current Account Dynamics and Asymmetric Shocks in a Heterogeneous European Monetary Union
Schnabl, Gunther
;
Zemanek, Holger
-
CESifo
-
2010
In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current account imbalances have gained rising attention. Whereas Greece and Ireland struggle for austerity in private and public spending, Germany is urged to reduce its current account...
Persistent link: https://www.econbiz.de/10008833919
Saved in:
3
Macroeconomic Policy Making, Exchange Rate Adjustment and Current Account Imbalances in Emerging Markets
Duarte, Pablo
;
Schnabl, Gunther
-
CESifo
-
2014
Since a series of crisis events after 2007, the discussion about the adjustment channels of current account imbalances has been revived. We discuss the effectiveness of exchange rates versus macroeconomic policies to rebalance current accounts for a set of 86 mainly emerging market economies. We...
Persistent link: https://www.econbiz.de/10011075721
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4
Natural Disasters and the Effect of Trade on Income : A New Panel IV Approach
Felbermayr, Gabriel J.
-
2011
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...
Persistent link: https://www.econbiz.de/10013121825
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5
Growth, Expectations, and Tariffs
Honkapohja, Seppo
-
2011
region that applies tariffs. Substantial differences in the levels of innovation,
consumption
, output, and utility can appear …
Persistent link: https://www.econbiz.de/10013125689
Saved in:
6
Natural Disasters and the Effect of Trade on Income: A New Panel IV Approach
Felbermayr, Gabriel J.
;
Gröschl, Jasmin
-
CESifo
-
2011
Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize...
Persistent link: https://www.econbiz.de/10009224870
Saved in:
7
Growth, Expectations, and Tariffs
Honkapohja, Seppo
;
Turunen-Red, Arja H.
;
Woodland, Alan D.
-
CESifo
-
2011
region that applies tariffs. Substantial differences in the levels of innovation,
consumption
, output, and utility can appear …
Persistent link: https://www.econbiz.de/10009020102
Saved in:
8
Current Account Imbalances and Structural Adjustment in the Euro Area : How to Rebalance Competitiveness
Zemanek, Holger
-
2014
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10013071193
Saved in:
9
Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness
Zemanek, Holger
;
Belke, Ansgar
;
Schnabl, Gunther
-
CESifo
-
2009
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10005051523
Saved in:
10
Heterogeneous Technology Diffusion and Ricardian Trade Patterns
Kerr, William
-
2019
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10012902445
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