Showing 1 - 10 of 337
From a conceptual point of view there is little consensus of what should be the “ideal indicator” of international cost and price competitiveness as each of the standard measures typically employed has its own merits and drawbacks. This calls for addressing the question from an empirical...
Persistent link: https://www.econbiz.de/10011604879
a key component of attempts to reshore production and are an increasingly popular trade policy instrument in general … implemented unilaterally or induce a retaliation from trade partners, and also the extent to which they reduce domestic …
Persistent link: https://www.econbiz.de/10014543650
significant predictors of reversals across all regimes, reserve coverage, credit booms, openness to trade and the US short term …
Persistent link: https://www.econbiz.de/10013082531
manufacturing and pre-existing trade links with China and India help advanced countries to maximise the growth dividend resulting …
Persistent link: https://www.econbiz.de/10011605665
The European Single Market created a common market for millions of Europeans. However, thirty years after its introduction, it appears that the benefits of the common European project are occasionally being questioned at least by some parts of the population. Others, by contrast, strive for...
Persistent link: https://www.econbiz.de/10012422054
whether the historically well-documented relationship between growth, real exchange rates and trade protectionism has broken … dataset which considers a wide range of trade policies stretching beyond the traditionally considered tariff and trade defence … measures. We find that the specter of protectionism has not been banished: Countries continue to pursue more trade …
Persistent link: https://www.econbiz.de/10013072606
The European Single Market created a common market for millions of Europeans. However, thirty years after its introduction, it appears that the benefits of the common European project are occasionally being questioned at least by some parts of the population. Others, by contrast, strive for...
Persistent link: https://www.econbiz.de/10012836795
This paper studies the optimal choice of exchange rate regimes between two large currency areas. It provides a positive and normative analysis of alternative monetary policy rules in a model with sticky prices, monopolistic competition, and frictions in the processes of capital accumulation and...
Persistent link: https://www.econbiz.de/10011604102
output, net trade and the exchange rate. It is shown that a central bank that wants to minimise the resource costs of …
Persistent link: https://www.econbiz.de/10011604174
This paper examines inflation dynamics in the current EU-accession countries in central and eastern Europe, focusing particularly on the determinants of 'dual inflation', that is, diverging inflation rates for tradable and non-tradable goods. The paper draws on the recently published data for...
Persistent link: https://www.econbiz.de/10011604178