Showing 1 - 10 of 1,018
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it is possible to control for unobserved heterogeneity at...
Persistent link: https://www.econbiz.de/10013138239
This paper analyses the rapid trade integration of the Central and Eastern European countries (CEEC's) with the euro … integration between most of the largest CEECs and the euro area is already relatively well advanced, while some Baltic and South …
Persistent link: https://www.econbiz.de/10013318195
This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries' real effective exchange rates, including those of the individual euro area economies, and compares …
Persistent link: https://www.econbiz.de/10013130602
This paper studies the determinants of the euro exchange rate during the European sovereign debt crisis, allowing a … role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange …
Persistent link: https://www.econbiz.de/10013083696
This paper assesses the Euro's influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro's influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro's influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …
Persistent link: https://www.econbiz.de/10013154597
's prosperity. The paper focuses on political events in Italy over the past 35 years and asks whether the adoption of the euro in …'s financial markets throughout the 1970s, 1980s and 1990s. The introduction of the euro appears to have indeed played a major role …
Persistent link: https://www.econbiz.de/10013159357
Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is …
Persistent link: https://www.econbiz.de/10012773503
In this paper we argue that, for a group of converging economies of the European Union, participation in the euro area …
Persistent link: https://www.econbiz.de/10012778006
prospective membership of the EU plays a decisive role in the choice of the euro as invoicing currency. The role of the euro as … differentiation favour vehicle pricing in U.S. dollar. An increase of euro invoicing due to higher exchange rate volatility supports … the role of the euro as vehicle currency, however. High market power defined as the share of a country's total exports to …
Persistent link: https://www.econbiz.de/10012779490
This paper assesses the Euro's influence upon European trade by estimating two different indicators. The first is the … a country with its trade partners. This study of the Euro's influence by means of the Border Effect is a novelty in the … literature, it reveals that the Euro's influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …
Persistent link: https://www.econbiz.de/10012770431