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This paper presents a simple model of state-dependent pricing that allows identifying the relative importance of both nominal and real factors in price rigidity. Using two rich datasets consisting of a large fraction of the price quotes used to compute the Belgian and French Consumer Price...
Persistent link: https://www.econbiz.de/10011506622
’s research activities, the NBB conducted an ad hoc survey in 2005, covering pharmaceutical companies active in Belgium in the … crucial importance of expertise as a factor influencing the location of such activities in Belgium. The breakdown of the … survey results by kind of establishment on the basis of the type of activities conducted in Belgium reveals further clear …
Persistent link: https://www.econbiz.de/10011506627
The aim of this study is to give an overview of recent developments in Belgium’s direct investment relations with the … rest of the world. The analysis is based mainly on two sets of statistics drawn up by the National Bank of Belgium, namely … investment carried out among Belgian companies, on the other. Foreign direct investment (FDI) flows between Belgium and the rest …
Persistent link: https://www.econbiz.de/10011506628
The economic impact of the port sector is usually measured at an aggregate level by indicators such as value added, employment and investment. This paper tries to define the economic relevance for the regional as well as for the national economy at a disaggregate level. It attempts to identify,...
Persistent link: https://www.econbiz.de/10011506631
This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and …
Persistent link: https://www.econbiz.de/10011506632
Belgium. Both imports and exports appear to be highly concentrated among few firms and seem to have become more so over time …
Persistent link: https://www.econbiz.de/10011506635
Temporal distribution of individual price changes is of crucial importance for business cycle theory and for the micro-foundations of price adjustment. While it is routinely assumed that price changes are staggered over time, both theory and evidence are ambiguous. We use a large Belgian data...
Persistent link: https://www.econbiz.de/10011506637
in Belgium over the period 1990-2002. Our results show that Belgium is characterised by strong real wage rigidity and …
Persistent link: https://www.econbiz.de/10011506645
This paper is a publication issued by the Microeconomic Analysis service of the National Bank of Belgium. This is the …
Persistent link: https://www.econbiz.de/10011506646
matched with firms' annual accounts for Belgium over the period 1997-2001. Results point to asymmetric behaviour depending on …
Persistent link: https://www.econbiz.de/10011506648