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Currency unions, trade, and heterogeneity

Chen, Natalie; Novy, Dennis - 2018

How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation …

Persistent link: https://www.econbiz.de/10011867116

Currency unions, trade and heterogeneity

Chen, Natalie; Novy, Dennis - 2018

Persistent link: https://www.econbiz.de/10011883779

International trade and monopolistic competition without CES : estimating translog gravity

Novy, Dennis - 2010

This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that … allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity … to be zero. I test the translog gravity equation and find strong empirical support in its favor. In an application to the …

Persistent link: https://www.econbiz.de/10003956003

Interest rate linkages in EMU countries : a rolling threshold vector error-correction approach

Poghosyan, Tigran (contributor); Haan, Jakob de (contributor) - 2007

Persistent link: https://www.econbiz.de/10003499692

The trade and FDI effects of EMU enlargement

Brouwer, Jelle (contributor); Paap, Richard (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003612738

Does the Euro-zone diverge? : a stress indicator for analyzing trends and cycles in real GDP and inflation

Flaig, Gebhard (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496544

The euro and inflation uncertainty in the European Monetary Union

Caporale, Guglielmo Maria (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003395399

Revenue for EMU : a contribution to the debate on fiscal union

Iara, Anna - 2016

In the wake of the euro area crisis, the debate on instruments to deepen economic integration among its members has intensified, among others putting forward a fiscal stabilization capacity for EMU members. Contributions made so far to further this idea have mostly concentrated on the...

Persistent link: https://www.econbiz.de/10011436156

Intergenerational transfers and wealth in the Euro-area : the relevance of inheritances and gifts in absolute and relative terms

Tiefensee, Anita; Westermeier, Christian - 2016

Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the...

Persistent link: https://www.econbiz.de/10011440820

Monetary policy in EMU when the transmission is asymmetric and uncertain

De Grauwe, Paul; Sénégas, Marc-Alexandre - 2003

In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data.We find that the uncertainty about the transmission process increases the need to take into account information about...

Persistent link: https://www.econbiz.de/10011506467