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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/10011373258
We scrutinize the role of capital flows in competitiveness in a set of seven euro-area 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/10011443937
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/10011350203
Persistent link: https://www.econbiz.de/10011965861
estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of … the euro. Real economic growth as well as median wage developments are reexamined in light of the alternative inflation …
Persistent link: https://www.econbiz.de/10012291889
Persistent link: https://www.econbiz.de/10014480949
Persistent link: https://www.econbiz.de/10003960214
internationalen Finanzmärkten einher. Um Wachstum und Inflation wiederzubeleben, werden die Zentralbankbilanzen drastisch ausgeweitet …Historically low inflation and concerns about deflation in the large industrial countries have been accompanied by … exuberance in financial markets. To revive inflation and growth, central bank balance sheets are being inflated, but there has …
Persistent link: https://www.econbiz.de/10010428173
globalen Ungleichgewichte eine Konsolidierung der US-Finanz- und Geldpolitik gefordert. …
Persistent link: https://www.econbiz.de/10009312101
Persistent link: https://www.econbiz.de/10009412974