Showing 1 - 10 of 101
This paper deals with the impact of the $/¿ exchange rate on German exports in the period from 1995Q1 to 2008Q4. Our … strong spurts of exports occur when changes of the EXR go beyond a kind of "play" area (analogous to a mechanical play). We … reaction of exports to a further appreciation of the euro is expected to start. -- Exchange rate movements ; play hysteresis …
Persistent link: https://www.econbiz.de/10003891080
This paper deals with the impact of the $/Euro exchange rate on German exports in the period from 1995Q1 to 2008Q4. Our … strong spurts of exports occur when changes of the EXR go beyond a kind of "play area (analogous to a mechanical play). We … reaction of exports to a further appreciation of the euro is expected to start. -- Exchange rate movements ; play hysteresis …
Persistent link: https://www.econbiz.de/10003901021
This paper deals with the impact of the $/€ exchange rate on German exports in the period from 1995Q1 to 2008Q4. Our … strong spurts of exports occur when changes of the EXR go beyond a kind of playʺ area (analogous to a mechanical play). We … reaction of exports to a further appreciation of the euro is expected to start. -- exchange rate movements ; play hysteresis …
Persistent link: https://www.econbiz.de/10003904641
Persistent link: https://www.econbiz.de/10011456910
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … should be supplemented by capitalmarket imperfections for explaining differences in employment performances is supported by …
Persistent link: https://www.econbiz.de/10010300320
Anglo-Saxon countries have been relatively successful over the last two decades in producing employment growth and in …
Persistent link: https://www.econbiz.de/10010300341
This paper deals with the impact of the $/€ exchange rate on German exports in the period from 1995Q1 to 2008Q4. Our … strong spurts of exports occur when changes of the EXR go beyond a kind of 'play' area (analogous to a mechanical play). We … reaction of exports to a further appreciation of the euro is expected to start. …
Persistent link: https://www.econbiz.de/10010301368
We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...
Persistent link: https://www.econbiz.de/10011372079
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10011388231
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10010327336