Narrow search
Showing 1 - 10 of 896
Cover Image
Assessing European firms’ exports and productivity distributions : the CompNet trade module
Berthou, Antoine; Dhyne, Emmanuel; Bugamelli, Matteo; … - 2015
Persistent link: https://www.econbiz.de/10010516512
Cover Image
How do firms adjust to rises in theminimum wage? : survey evidence from Central andEastern Europe
Bodnár, Katalin; Fadejeva, Ludmila; Iordache, Stefania; … - 2018
We study the transmission channels for rises in the minimum wage using a unique firm-level dataset from eight Central and Eastern European countries. Representative samples of firms in each country were asked to evaluate the relevance of a wide range of adjustment channels following specific...
Persistent link: https://www.econbiz.de/10011779843
Cover Image
Debt overhang and investment efficiency
Popov, Alexander; Barbiero, Francesca; Wolski, Marcin - 2018
Using a pan-European dataset of 8.5 million firms, we find that firms with high debt overhang invest relatively more than otherwise similar firms if they are operating in sectors facing good global growth opportunities. At the same time, the positive impact of a marginal increase in debt on...
Persistent link: https://www.econbiz.de/10011959220
Cover Image
Deeper, wider and more competitive? : monetary integration, Eastern enlargement and competitiveness in the European Union
Ottaviano, Gianmarco I. P. (contributor);  … - 2007
firms? And in the European context, have key elements of the EU strategy such as EMU and enlargement helped or hindered … located in participating economies. Enlargement has, instead, two contrasting effects. It improves the accessibility of EU …
Persistent link: https://www.econbiz.de/10003635984
Cover Image
The Maastricht convergence criteria and optimal monetary policy for the EMU accession Countries
Lipińska, Anna (contributor) - 2008
The EMU accession countries are obliged to fulfill the Maastrich convergence criteria prior to entering the EMU. This paper uses a DSGE model of a two-sector small open economy, to address the following question: How do the Maastricht convergence criteria modify optimal monetary policy in an...
Persistent link: https://www.econbiz.de/10003778818
Cover Image
Fiscal and monetary policy in the enlarged European Union (forthcoming)
Pogorelec, Sabina (contributor) - 2006
I build a quantitative two-country DSGE model of the European Union (EU) and investigate whether there are welfare … gains from fiscal policy cooperation between the new EU members and the euro area (EMU). Fiscal cooperation is defined in … firms in the new EU countries. When there is no foreign ownership in the new EU countries, the euro area is indifferent …
Persistent link: https://www.econbiz.de/10003358603
Cover Image
The political economy under monetary union: has the euro made a difference?
Fratzscher, Marcel; Stracca, Livio - 2008
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...
Persistent link: https://www.econbiz.de/10003794175
Cover Image
Responses to monetary policy shocks in the east and the west of Europe : a comparison
Jarociński, Marek - 2008
This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central-eastern Europe. We mitigate the small sample problem, which is especially acute for the NMS, by using a Bayesian estimation that combines...
Persistent link: https://www.econbiz.de/10003825885
Cover Image
How is real convergence driving nominal convergence in the new EU Member States?
Lein-Rupprecht, Sarah M. (contributor);  … - 2007
convergence for the new EU Member States. We discuss two of the main channels through which real convergence could affect relative …
Persistent link: https://www.econbiz.de/10003599436
Cover Image
Inflation persistence : euro area and new EU Member States
Franta, Michal (contributor); Saxa, Branislav (contributor);  … - 2007
Is inflation persistence in the new EU Member States (NMS) comparable to that in the euro area countries? We argue that …
Persistent link: https://www.econbiz.de/10003554812