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This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and Spain performed relatively well. Export market share losses...
Persistent link: https://www.econbiz.de/10012677585
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests …, however, that unfettered competition is not first best given the special features of finance. I review these analytics and … describe how to assess the degree of competition in markets for financial services. Existing research shows that the degree of …
Persistent link: https://www.econbiz.de/10012677735
Since EU accession, trade flows have exhibited strong dynamics in Central-Eastern Europe (CEE). During the period leading to the current global turmoil, the region has also experienced continuous exchange rate appreciation and rapid FDI inflows, both likely to have affected these countries'...
Persistent link: https://www.econbiz.de/10012677787
Intro -- Contents -- I. INTRODUCTION -- II. MEASURING THE COST OF LIVING -- III. TRUE REAL EFFECTIVE EXCHANGE RATES -- IV. AN APPLICATION: THE IRISH ECONOMY'S EXPOSURE TO STERLING -- V. CONCLUSION -- Appendix -- References.
Persistent link: https://www.econbiz.de/10012691043
This paper investigates public perceptions and support for policies aimed at integrating immigrant workers into domestic labor markets. Through large-scale surveys involving 6,300 respondents from Canada, Italy, and the United Kingdom, we provide new insights into attitudes toward migrant...
Persistent link: https://www.econbiz.de/10015328349
Our work is positioned at the intersection of migration and climate change-two key forces shaping the economic outlook of many countries. The analysis explores: (i) the relative importance of origincountry vs destination-country factors in explaining migration patterns; (ii) importance of...
Persistent link: https://www.econbiz.de/10015058871
Cross-border migration can act as an important adjustment mechanism to country-specific shocks. Yet, depending on who moves, it can have unintended consequences for business cycle stability. This paper argues that the skill composition of migration plays a critical role. When migration flows...
Persistent link: https://www.econbiz.de/10015059284
conclusions. First, further steps in regional integration would enhance competition and produce large economic benefits for both …
Persistent link: https://www.econbiz.de/10005768829
smaller bank size. Overall, we find that concentrated market structures and lack of competition in LICs banking systems and … provide strong evidence that policies aimed at fostering banking competition and strengthening institutional frameworks can …
Persistent link: https://www.econbiz.de/10011242199
its influence on work practice improvement at China's firms and plants and (2) the evidence that policy arrangement there … has encouraged more competition in merchandise manufacturing and heavy industries while barriers to market access remain … high against new firms in the domestic market (especially in services). A numerical experiment is provided, which suggests …
Persistent link: https://www.econbiz.de/10011242303