This paper documents patterns of price setting at the retail level in the euro area, summarized in six stylized facts. First, the average euro area monthly frequency of price adjustment is 15 p.c., compared to about 25 p.c. in the US. Second, the frequency of price changes is characterized by...

This paper documents producer price setting in 6 countries of the euro area: Germany, France, Italy, Spain, Belgium and Portugal. It collects evidence from available studies on each of those countries and also provides new evidence. These studies use monthly producer price data. The following...

Whilst overall productivity growth is stalling, firms at the frontier are still able to capture the benefits of the newest technologies and business practices. This paper uses linked employer-employee data covering all Belgian firms over a period of almost 20 years and investigates the...

The main purpose of this Working Paper is providing an overview of the economic importance of the Flemish maritime ports, the Liège port complex and the port of Brussels over the period 2014-2019 in terms of value added, employment and investment based on annual account figures. In 2019,...

This paper provides an estimation of the reaction of firm-level exports consecutive to real exchange rate movements - the exchange rate elasticity of exports. Following recent theoretical works emphasizing the role played by firm heterogeneity, we test in particular how the exchange rate...

The capability of domestic firms to compete on foreign markets is an important indicator of a country's economic strength and a target of many economic policies. We know that only a small share of producers sells on foreign markets and that these firms perform in many aspects differently from...

This paper presents the Belgian inter-firm network for the years 2002 to 2012. Combining raw data from VAT listings, VAT declarations and annual accounts information, we build a unique and consistent database containing values of transactions between enterprises in the Belgian economy. The...

This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity and export performance among European economies. We use the information compiled in the Trade module of CompNet to establish new stylized facts regarding the joint distributions...

The aim of this paper is to examine causal effects of outward foreign direct investment activities of corporations that start expanding abroad on a large number of domestic performance indicators. Our results indicate that there is no evidence in our data to show that FDI has statistically...

Using detailed firm-product level quarterly data, we develop an estimation framework of a Multi-Product Production Function (MPPF) and analyse firm-product level TFP estimations at various levels (industries, products). After documenting our estimation results, we relate productivity estimates...