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Exchange rate bands of inaction and play-hysteresis in Greek exports to the euro area, the US and Turkey : sectoral evidence

Belke, Ansgar; Kronen, Dominik - 2015

In this paper a non-linear model is applied, where suddenly strong spurts of exports occur when changes of the exchange rate go beyond a zone of inaction, which we call "play" area - analogous to mechanical play. We implement an algorithm describing path-dependent playhysteresis into a...

Persistent link: https://www.econbiz.de/10011443931

Exchange rate bands of inaction and play-hysteresis in Greek exports to the euro area, the US and Turkey : sectoral evidence

Belke, Ansgar; Kronen, Dominik - 2015

Hauptexportpartner Griechenlands, wie die Eurozone, die Türkei und die USA unter der Berücksichtigung der wichtigsten Handelssektoren. Es …

Persistent link: https://www.econbiz.de/10011408349

Exchange rate bands of inaction and play-hysteresis in Greek exports to the Euro Area, the US and Turkey : sectoral evidence

Belke, Ansgar; Kronen, Dominik - In: Empirica : journal of european economics 43 (2016) 2, pp. 349-390

Persistent link: https://www.econbiz.de/10011670698

Inflation and wage behaviour in Europe

De Grauwe, Paul (ed.); Micossi, Stefano (contributor); … - 1996

Persistent link: https://www.econbiz.de/10013479994

Real convergence, capital flows, and competitiveness in central and Eastern Europe

Belke, Ansgar; Schnabl, Gunter; Zemanek, Holger - 2009

The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...

Persistent link: https://www.econbiz.de/10003889534