Similar Search Results

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

Ben Cheikh, Nidhaleddine; Rault, Christophe - 2015

This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...

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

On price-setting for identical products in markets without formal trade barriers

Hassink, Wolter H. J.; Schettkat, Ronald - 2001

This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...

Persistent link: https://www.econbiz.de/10011402390

Local and spatial cointegration in the wage curve : a spatial panel analysis for German regions

Kosfeld, Reinhold; Dreger, Christian - 2015

this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

Persistent link: https://www.econbiz.de/10011407949

Are apprenticeships business cycle proof?

Lüthi, Samuel; Wolter, Stefan C. - 2018

Although there is evidence that apprenticeship training can ease the transition of youth into the labour market and thereby reduce youth unemployment, many policy makers fear that firms will cut their apprenticeship expenditures during economic crises, thus exacerbating the problem of youth...

Persistent link: https://www.econbiz.de/10011810037

Towards an East German wage curve : NUTS boundaries, labour market regions and unemployment spillovers

Kosfeld, Reinhold; Dreger, Christian - 2017

unemployment is often ignored. Both issues are particularly important in high unemployment regimes like East Germany where a wage … existence of an East German wage curve. Due to the nonstationarity of spatial data, a global panel cointegration approach is …. The analysis gives evidence on a locally but not a spatially cointegrated wage curve for East Germany. …

Persistent link: https://www.econbiz.de/10011704322

What matters for environmental quality in the Next-11 countries : economic growth or income inequality?

Padhan, Hemachandra; Haouas, Ilham; Sahoo, Bhagaban; … - 2018

This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption on carbon emissions in a sample of Next-Eleven (N-11) countries. It uses modern econometric techniques to highlight a long-run interplay between selected variables in the carbon...

Persistent link: https://www.econbiz.de/10011816704

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

MIMIC models, cointegration and error correction : an application to the French shadow economy

Bühn, Andreas (contributor); … - 2008

differences. Arguably, this shortcoming is rooted in the lack of an appropriate MIMIC model which considers cointegration among … variables. This paper develops a MIMIC model which estimates the cointegration equilibrium relationship and the error correction … economy ; tax burden ; regulation ; unemployment ; cointegration ; error correction models ; MIMIC models …

Persistent link: https://www.econbiz.de/10003652676

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

Ben Cheikh, Nidhaleddine; Rault, Christophe - 2017

In this paper, we evaluate the first-stage pass-through, namely the responsiveness of import prices to the exchange rate changes, for a sample of euro area (EA) countries. Our study aims to shed further light on the role of microeconomic factors vs. macroeconomic factors in influencing the...

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

Unemployment and labor force participation in Turkey

Tansel, Aysıt; Ozdemir, Zeynel Abidin; Aksoy, Emre - 2015

developing country. Cointegration analysis is carried out for the aggregate and gender and age specific series. The findings …

Persistent link: https://www.econbiz.de/10010477879