Showing 1 - 10 of 1,112
This paper explores the behavior of profits in the four largest euro area countries (Germany, France, Italy and Spain …
Persistent link: https://www.econbiz.de/10013117688
differentials in explaining city-level house price dispersion in Germany, France, and the US (but not in Italy or Spain once …
Persistent link: https://www.econbiz.de/10013142991
The unprecedented drop in international trade during the last quarter of 2008 and the first quarter of 2009 has mainly been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity, size or external financial dependence should be...
Persistent link: https://www.econbiz.de/10013141112
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 area in the past ten years and draws implications for further integration. We use as benchmark an enhanced gravity model estimated for a large sample of bilateral trade flows...
Persistent link: https://www.econbiz.de/10013318195
investigates the behavior of private residential investments for the six largest European economies, namely: Germany, France, Italy … to real prices and to other relevant factors. Germany has the strongest response of private residential investments to …
Persistent link: https://www.econbiz.de/10013102106
in Germany and Italy, which are characterized by a large number of banks; but it is very weak in Spain and more … homogeneous in France, where the banking industry has a higher degree of market concentration. Second, there is some evidence that … monetary policy exerts larger effects on cooperative and savings banks with lower liquidity and less capital in Germany and …
Persistent link: https://www.econbiz.de/10013078975
trends. It finds that, all sample countries except Germany applied expansionary expenditure policies. This resulted in much …
Persistent link: https://www.econbiz.de/10013136395
budget balance in France, Germany, Portugal, and Spain. We try to uncover past trends behind the development of public …
Persistent link: https://www.econbiz.de/10012776609
An aggregation exercise is proposed that aims at investigating whether the fast average adjustment of the disaggregate inflation series of the euro area CPI translates into the slow adjustment of euro area aggregate inflation. We first estimate a dynamic factor model for 404 inflation...
Persistent link: https://www.econbiz.de/10012777732