Narrow search
Showing 1 - 3 of 3
Cover Image
A note on firm entry, markups and the business cycle
Cavallari, Lilia - In: Economic Modelling 35 (2013) C, pp. 528-535
This paper proposes a monetary model with firm entry as a means for alleviating the difficulties of real business cycle models in reproducing the smoothness and persistence of macroeconomic variables together with the volatility of profits and markups. Simulations show that my baseline model...
Persistent link: https://www.econbiz.de/10010719410
Cover Image
Exchange rate nonlinearities in EMU exports to the US
Verheyen, Florian - In: Economic Modelling 32 (2013) C, pp. 66-76
This paper investigates the determinants of bilateral exports to the US for twelve EMU countries. Although export demand functions have been studied for at least seventy years of time, the issue of nonlinearity in export demand equations has been benignantly neglected in time series econometrics...
Persistent link: https://www.econbiz.de/10010664422
Cover Image
How anchored are inflation expectations in EMU countries?
van der Cruijsen, Carin; Demertzis, Maria - In: Economic Modelling 28 (2011) 1, pp. 281-298
Anchored inflation expectations help stabilize inflation. Previous results indicate that monetary policy has been … effective in breaking the link between actual and expected inflation at the euro area level. In this paper we examine whether … this is also true at the national level. We define the ‘disconnect’ between inflation and inflation expectations and then …
Persistent link: https://www.econbiz.de/10010577069