In this paper we explore the link between the intensity of product market competition and inflation rates across EU … product market competition, as proxied by the level of mark-up in particular, is an important driver of inflation … product market competition reduces average inflation rates for a prolonged period of time. Moreover, results both at the …

A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization … role in the transmission from competition to soundness. We use a two-pronged approach. First, we employ Granger causality … tests to establish the link between competition and measures of profit efficiency in banking, and find that competition …

policy perspective, it highlights the importance of structural reforms that help enhance competition in this sector. This …

The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …

prices with respect to the euro area: productivity growth and increased trade openness. Productivity growth can have a … productivity growth a positive one on price level convergence with respect to the euro area. …

Over the last two decades EU countries experienced diverging productivity growthdevelopments. By examining the sources … productivity growth as well.But those effects are only found for Nordic and Western Continental EU countries,while others are … lacking such effects. Moreover, these specialized and science-basedindustries experienced strong innovation and productivity …

manufacturing industries in adjustment and restructuring. It is argued that especially in the EU competition in intermediate …

prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … naturally to a difference in differences estimation, with international differences in trade openness at the sector level … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …

variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe …

, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …