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Low-wage import competition, inflationary pressure, and industry dynamics in Europe
Auer, Raphael A.; Degen, Kathrin; Fischer, Andreas M. - 2011
Persistent link: https://www.econbiz.de/10009424372
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Low-wage import competition, inflationary pressure, and industry dynamics in Europe
Auer, Raphael A.; Degen, Kathrin; Fischer, Andreas M. - 2011
What is the impact of import competition from low-wage countries (LWCs) on inflationary pressure in Europe? This paper … examines whether labor-intensive exports from emerging Europe, Asia, and other global regions have a uniform impact on producer … contrast, no effect is present for import competition from low-wage countries in Central and Eastern Europe. Decomposing the …
Persistent link: https://www.econbiz.de/10009300390
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Historic contraction of the world economy
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2020
As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of 2020. However, the low point seems to have been passed in the meantime, and in China the economy has even already made up a considerable part of the production...
Persistent link: https://www.econbiz.de/10012252781
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World economy winter 2022 : strong headwinds for global economic activity
Gern, Klaus-Jürgen; Kooths, Stefan; Sonnenberg, Nils; … - 2022
Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...
Persistent link: https://www.econbiz.de/10013539196