Showing 1 - 10 of 283
impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate … whether uncertainty over future interest rates in the Euro area hampers monetary policy transmission. In this non-linear model … 'play' area. Second, we apply an algorithm describing path-dependent play-hysteresis to estimate investment hysteresis using …
Persistent link: https://www.econbiz.de/10012863789
Carlo experiments, where we also study the estimation of the aggregate effects of micro and macro shocks. The paper …
Persistent link: https://www.econbiz.de/10013129942
Euro-zone only is no longer much smaller that the premium of firms that export beyond the Euro-zone, too, and the premium … significant and large only shows up for enterprises that exported to the Euro-zone already and start to export to countries …-econometric studies for 16 different countries on the relationship between export destination and firm performance. (2) It reports …
Persistent link: https://www.econbiz.de/10013141754
This paper explores the influence of wage and price staggering on monetary persistence. We show that, for plausible parameter values, wage and price staggering are complementary in generating monetary persistence. We do so by proposing the new measure of quantitative inertia, after discussing...
Persistent link: https://www.econbiz.de/10013316832
this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …
Persistent link: https://www.econbiz.de/10013009494
assessment of 51 empirical studies on exports and firm characteristics that use data for German establishments or enterprises … between firm characteristics and export activities, demonstrating the decisive role of human capital intensity for exporting …
Persistent link: https://www.econbiz.de/10013136942
This paper documents the relationship between firm survival and three types of international trade activities - exports …
Persistent link: https://www.econbiz.de/10013120841
workforce sheds new light on the role of highly qualified employees for success on export markets that is not revealed by the …
Persistent link: https://www.econbiz.de/10013112052
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012859309
This paper investigates the effects of labour migration and openness to trade on regional skill endowments across the European Union at a time of increased economic integration. Using regional data from Eurostat's Regio database and the open web source Openflight for the period 1998-2010 we test...
Persistent link: https://www.econbiz.de/10013084161