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The Spanish external deficit: cyclical or structural?

Bravo, Alberto Cabrero; Igal, Javier Yaniz - 2007

In 2005 the current account deficit attained 7½% of GDP, its worst position of the last 25 years, and in 2006 it might reach 8½%. Traditionally, Spain’s trade deficit has been partially offset by surpluses in other external balances, particularly service trade, as a result of large net...

Persistent link: https://www.econbiz.de/10009641117

Asymmetries of current account in the intra-UE balance of payments

Europäische Kommission / Statistisches Amt; European … - 2002

The document describes the evolution of intra-EU current account asymmetries. Some experimental results obtained using a modelling approach to derive asymmetry-free European aggregates are presented. The results are not usable at the national (Member State) level and they will not eliminate...

Persistent link: https://www.econbiz.de/10009636362

Balance of payments of the European Union Institutions

Europäische Kommission / Statistisches Amt; European … - 2001

Persistent link: https://www.econbiz.de/10009636455

Evaluation externe de la coopération de l’Union européenne avec la République de Côte d’Ivoire ( 2007 - 2015 ) : Rapport final ; Volume I

Vaillant, Charlotte (contributor); Hennion, Max (contributor) - PARTICIP GmbH Consultants für Entwicklung und Umwelt - 2017

, including within the context of joint programming between the EU, France, Germany and Spain. The scope of the study covers all …

Persistent link: https://www.econbiz.de/10012036340

Identifying fiscal shocks and policy regimes in OECD countries

Arcangelis, Giuseppe de; Lamartina, Serena - 2003

The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a …

Persistent link: https://www.econbiz.de/10009635887

Interpreting implied risk-neutral densities

Hördahl, Peter; Vestin, David - 2003

This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...

Persistent link: https://www.econbiz.de/10009635905

The impact of monetary union on trade prices

Anderton, Robert; Baldwin, Richard E.; Taglioni, Daria - 2003

Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...

Persistent link: https://www.econbiz.de/10009635969

Strukturen der allgemeinen und beruflichen Bildung und der Erwachsenenbildung in Europa : Deutschland ; 2002/2003

Education Information Network in the European Union; … - 2003

Strukturen der allgemeinen und beruflichen Bildung und der Erwachsenenbildung in Europa Wer die allgemeine Organisation der Bildungssysteme in Europa kennen lernen möchte, findet die entsprechende Basisinformation in den ca. 40-Seiten umfassenden Länderberichten. Diese Monografien werden...

Persistent link: https://www.econbiz.de/10009636183

Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB

Vähämaa, Sami - 2004

This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...

Persistent link: https://www.econbiz.de/10009636538

Could a hard core run the enlarged EU?

Grabbe, Heather; Guérot, Ulrike - 2004

Member States are permanently excluded. However, there remains a risk that France and Germany will use the idea of a … whether the core is driven by France and Germany or led by a trilateral grouping including the UK. The future of core Europe … depends on Germany. The idea of a core Europe still has enormous appeal in Germany, given its long intellectual tradition and …

Persistent link: https://www.econbiz.de/10009636640