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The pass-through of exchange rate in the context of the European sovereign debt crisis

Cheikh, Nidhaleddine Ben; Rault, Christophe - 2015

heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using …

Persistent link: https://www.econbiz.de/10011376318

Investigating first-stage exchange rate pass-through : sectoral and macro evidence from euro area countries

Cheikh, Nidhaleddine Ben; Rault, Christophe - 2017

rate changes, for a sample of euro area (EA) countries. Our study aims to shed further light on the role of microeconomic … significant since the introduction of the single currency. Our findings suggest instead that the weakness of the euro during the … Eurozone, as the responsiveness of import prices to exchange rate fluctuations tends to decline in a low and more stable …

Persistent link: https://www.econbiz.de/10011613008

Europe agreements and trade balance : evidence from four new EU members

Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2011

This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from Central and Eastern Europe (CEEC-4) using both static and dynamic panel data approaches. Specifically, the system Generalized Method of Moments (GMM, Blundell and Bond, 1998)...

Persistent link: https://www.econbiz.de/10009296317

The impacts of the dollar-renminbi exchange rate misalignment on the China-United States commodity trade : an asymmetric analysis

Ferjani, Sabrine; Saafi, Sami; Nouira, Ridha; Rault, … - 2022

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/10013187157

On the exchange rate and economic policy uncertainty nexus: a panel VAR approach for emerging markets

Abid, Abir; Rault, Christophe - 2020

We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR perspective used for the first time in this context. Focusing on Emerging Market Economies (EME), our noteworthy findings postulate that (a) both home and foreign EPU shocks...

Persistent link: https://www.econbiz.de/10012239005

Volatility spillover between oil prices and main exchange rates : evidence from a DCC-GARCH-connectedness approach

Ben Salem, Leila; Zayati, Montassar; Nouira, Ridha; … - 2024

This paper investigates the co-movements of oil prices and the exchange rates of 10 top oil-importing and oil-exporting countries. Firstly, we estimated the total static spillover index based on vector autoregressive (VAR) models. Secondly, we adopted the recent DCC-GARCH-CONNECTEDNESS approach...

Persistent link: https://www.econbiz.de/10014494631

External monetary shocks and monetary integration : evidence from the Bulgarian currency board

Minea, Alexandru; Rault, Christophe - 2011

Starting July the 1st 1997, Bulgaria adopted a Currency Board (CB) monetary system. This paper aims at investigating if the adoption of the CB monetary system, which involves the cost of loosing monetary autonomy, has provided a relatively better (with respect to other CEEC) monetary integration...

Persistent link: https://www.econbiz.de/10009309508

Environmental regulation and competitiveness : evidence from Romania

Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2010

According to the pollution haven hypotheses differences in environmental regulation affect trade flows and plant location. Specifically, environmental stringency should decrease exports and increase imports of "dirty" goods. This paper estimates a gravity model to establish whether the...

Persistent link: https://www.econbiz.de/10003984793

The effect of occupational licensing on consumer welfare : early midwifery laws and maternal mortality

Anderson, D. Mark; Brown, Ryan; Charles, Kerwin Kofi; … - 2016

Occupational licensing is intended to protect consumers. Whether it does so is an important, but unanswered, question. Exploiting variation across states and municipalities in the timing and details of midwifery laws introduced during the period 1900-1940, and using a rich data set that we...

Persistent link: https://www.econbiz.de/10011517692

Per se drugged driving laws and traffic fatalities

Anderson, D. Mark; Rees, Daniel I. - 2012

The Office of National Drug Control Policy (ONDCP) recently announced a goal of reducing drugged driving by 10 percent within three years. In an effort to achieve this goal, ONDCP is encouraging all states to adopt per se drugged driving laws, which make it illegal to operate a motor vehicle...

Persistent link: https://www.econbiz.de/10009675514