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Firm-level exchange rate exposure in the Eurozone

Hutson, Elaine; O'Driscoll, Anthony

Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …

Persistent link: https://www.econbiz.de/10009475709

An estimate of the potential growth of the Spanish economy

Hernández de Cos, Pablo; Urtasun Amann, Alberto; …

Persistent link: https://www.econbiz.de/10012529498

Oil prices and their effect on potential output

Estrada García, Angel; Hernández de Cos, Pablo - 2009

Despite the relevance in terms of policy, we still know little in Spain about where and by whom jobs are created, and how that is affecting the size distribution of firms. The main innovation of this paper is to use a rich database that overcomes the problems encountered by other firm-level...

Persistent link: https://www.econbiz.de/10012529544

A menu on output gap estimation methods

Álvarez González, Luis Julián; Gómez Loscos, Ana - 2017

En este trabajo se presenta una revisión de las técnicas de modelación del output gap (brecha de producción), que son de especial interés para diferentes instituciones en la formulación de políticas. Se distingue entre procedimientos univariantes —que estiman la producción tendencial a...

Persistent link: https://www.econbiz.de/10012530559

Economic effects of a possible prolonged deterioration in the general health of the Spanish population

Hurtado López, Samuel; Izquierdo Peinado, Mario

Rationale The last year has seen growing demand for healthcare services, but the causes of this increase, and how persistent it will be, are as yet uncertain. Should these dynamics prove to be long-lasting and associated with a prolonged deterioration in the general health of the Spanish...

Persistent link: https://www.econbiz.de/10014283509

Die monetäre Bewertung der Walderholung mittels der contingent-valuation-method

Klein, Christian - 2001

Die Ertragskrise der Forstwirtschaft wirkt indirekt auf das Erholungsangebot des Waldes. Erholungsleistungen, die früher problemlos aus erwirtschafteten Überschüssen bereitgestellt werden konnten, werden in jüngerer Zeit mehr und mehr hinterfragt: Es ist daher naheliegend und von Interesse,...

Persistent link: https://www.econbiz.de/10009448920

Vernetzt auf unterschiedlichen Ebenen : Walther Rathenau als Krisenmanager und Visionär "kommender Dinge"

Michalka, Wolfgang - 2006

Auf eine Anfrage der Wiener „Neue Freie Presse“ antwortete Walther Rathenau mit einem Beitrag über „Unser Nachwuchs“, der am 25. Dezember 1909 abgedruckt wurde. Im Unterschied zu anderen Führungsschichten erklärte der bekannte Industrielle und Unternehmer, dass die wirtschaftlichen...

Persistent link: https://www.econbiz.de/10009462198

Adjusting to the Euro

Fagan, Gabriel; Gaspar, Vitor - 2006

In this paper we argue that, for a group of converging economies of the European Union, participation in the euro area has been associated with easier access to financing by domestic economic agents. Easier access to financing was a significant impulse leading to a sharp increase in households'...

Persistent link: https://www.econbiz.de/10009440740

How Important Are Foreign Shocks in Small Open Economy? The Case of Slovakia

Horváth, Roman; Rusnák, Marek - 2008

In this paper, we provide evidence on the nature and the relative importance of domestic and foreign shocks in Slovak economy based on block-restriction vector autoregression model in 1999-2007. We document well-functioning monetary transmission mechanism in Slovakia. Subject to various...

Persistent link: https://www.econbiz.de/10009477391

Europos Centrinio banko veiklos teisinis reguliavimas

Narbutaitė, Gema - 2006

the Euro-zone. Moreover, the EMU creates conditions for economic and monetary stability all over Europe which allows for …

Persistent link: https://www.econbiz.de/10009478178