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Global value chains and productivity : micro evidence from Estonia
Banh, Hang T.; Wingender, Philippe; Gueye, Cheikh - 2020
The COVID-19 pandemic has led to an unprecedented collapse in global economic activity and trade. The crisis has also highlighted the role played by global value chains (GVC), with countries facing shortages of components vital to everything from health systems to everyday household goods....
Persistent link: https://www.econbiz.de/10012252668
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Scaling up climate mitigation policy in Germany
Black, Simon; Chen, Ruo; Mineshima, Aiko; Mylonas, Victor; … - 2021
Persistent link: https://www.econbiz.de/10012796678
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Destabilizing the global monetary system : Germany's adoption of the gold standard in the early 1870s
Wiegand, Johannes - 2019
In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been … block. Why did Germany switch to gold and set the train of destructive events in motion? Both a review of the … France, which would have severed the link between gold and silver currencies. Without reform, Germany would thus have risked …
Persistent link: https://www.econbiz.de/10012009318
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Military Expenditure : International Comparison of Trends
Hewitt, Daniel P. - 1991
This paper analyzes trends in world military expenditure by examining the shares of different country groups and the …
Persistent link: https://www.econbiz.de/10014398344
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Real and Nominal Exchange Rates in the Long Run
Adams, Charles - 1991
This paper decomposes longer-run movements in (major) dollar real exchange rates into components associated with changes in nominal exchange rates and price levels, and their comovements. Though the decompositions suggest some permanent movements, they imply that there are large transitory...
Persistent link: https://www.econbiz.de/10014398349
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Automating the Price Discovery Process : Some International Comparisons and Regulatory Implications
Domowitz, Ian - 1992
Automated trade execution systems are examined with respect to the degree to which they automate the price discovery process. Seven levels of automation of price discovery are identified, and 47 systems are classified according to these criteria. Systems operating at various levels of automation...
Persistent link: https://www.econbiz.de/10014395803
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Cointegration of International Stock Market Indices
Chou, Ray Yeu-Tien - 1994
country stock price indices, including that of the United States, Canada, the United Kingdom, France, Germany, and Japan are …
Persistent link: https://www.econbiz.de/10014395829
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The price of capital goods : a driver of investment under threat
Gruss, Bertrand; Nabar, Malhar; Poplawski-Ribeiro, Marcos - 2019
Over the past three decades, the price of machinery and equipment fell dramatically relative to other prices in advanced and emerging market and developing economies. Using cross-country and sectoral data, we show that the decline in the relative price of tangible tradable capital goods provided...
Persistent link: https://www.econbiz.de/10012102050
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Crises, labor market policy, and unemployment
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009572447
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Labor market flexibility and unemployment : new empirical evidence of static and dynamic effects
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Persistent link: https://www.econbiz.de/10009572457