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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
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
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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
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On trade policy preference and offshoring ties
Bandyopadhyay, Subhayu; Basu, Arnab K.; Chau, Nancy H.; … - 2022
This paper unpacks the role of the domestic content of imports as a novel source of policy interdependence along the global supply chain. We show how a rise in local contents embodied in imports can skew national trade policy preferences, and pull upstream and downstream countries in asymmetric...
Persistent link: https://www.econbiz.de/10013471205
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Productivity and size of the export market : evidence for West and East German plants, 2004
Wagner, Joachim (contributor) - 2007
actor on the world market for manufactured goods. It documents that firms that export to countries inside the euro-zone are …
Persistent link: https://www.econbiz.de/10003539184
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The free movement of workers in an enlarged European Union : institutional underpinnings of economic adjustment
Kahanec, Martin; Pytlikova, Mariola; Zimmermann, Klaus F. - 2014
The eastern enlargements of the European Union (EU) and the extension of the free movement of workers to the new member states' citizens unleashed significant east-west migration flows in a labor market with more than half a billion people. Although many old member states applied transitional...
Persistent link: https://www.econbiz.de/10010407978
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The role of constitutions on poverty : a cross-national investigation
Minkler, Lanse; Prakash, Nishith - 2015
In this paper we use novel historical data on economics and social rights from the constitutions of 201 countries and an instrument variable strategy to answer two important questions. First, do economic and social rights provisions in constitutions reduce poverty? Second, does the strength of...
Persistent link: https://www.econbiz.de/10010488146
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Unemployment benefits and immigration : evidence from the EU
Giulietti, Corrado; Guzi, Martin; Kahanec, Martin; … - 2011
The paper studies the impact of unemployment benefits on immigration. A sample of 19 European countries observed over the period 1993-2008 is used to test the hypothesis that unemployment benefit spending (UBS) is correlated with immigration flows from EU and non-EU origins. While OLS estimates...
Persistent link: https://www.econbiz.de/10009516877
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Trade and inequality in Europe and the US
Dorn, David; Levell, Peter - 2021
emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower … shows that growing import competition from China differentially reduced earnings and employment rates for workers in more … a large growth of net imports from China (such as the UK and the US), than in countries that maintained relatively …
Persistent link: https://www.econbiz.de/10012745407
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Trust in the time of corona
Brück, Tilman; Ferguson, Neil T. N.; Justino, Patricia; … - 2020
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The …
Persistent link: https://www.econbiz.de/10012239442
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Financial crises and liberalization : progress or reversals?
Saka, Orkun; Campos, Nauro; De Grauwe, Paul; Ji, Yuemei; … - 2019
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries for the period between 1973 and 2015, we formally test the validity of this prediction for...
Persistent link: https://www.econbiz.de/10012022690