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The paper provides a systematic comparison of the Eurosystem, the US Federal Reserve and the Bank of Japan. These …
Persistent link: https://www.econbiz.de/10012777320
countries, plus the US and Japan. Main findings include a high degree of regulation in wage setting in most countries. Although …
Persistent link: https://www.econbiz.de/10012768345
competition on the lending markets in the five major euro countries as well as, for comparison, the UK, the US and Japan. Bearing …
Persistent link: https://www.econbiz.de/10013317045
We test for mean reversion in real exchange rates using a recently developed unit root test for non-normal processes based on quantile autoregression inference in semi-parametric and non-parametric settings. The quantile regression approach allows us to directly capture the impact of different...
Persistent link: https://www.econbiz.de/10013317520
-time data flow and data revisions, also providing comparisons with the United States and Japan. We finally illustrate how such …
Persistent link: https://www.econbiz.de/10013149408