Showing 1 - 8 of 8
The purpose of this paper is to explain the relation between the Border Effect and industrial concentration. This is achieved by founding this relation on the Home Market Effect and testing the robustness of this foundation through an application to the European Single Market. A sectorial...
Persistent link: https://www.econbiz.de/10009640463
There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the advanced world, its export unit values are well below...
Persistent link: https://www.econbiz.de/10009640686
This paper uses a model of import prices whereby exporters to the euro area set export prices partly as a mark-up on their production costs (i.e., the degree of exchange rate pass-through) and partly in line with euro area producer prices (i.e., pricing-to-market). Using both time series and...
Persistent link: https://www.econbiz.de/10009639848
Global trade contracted quickly and severely during the global crisis. This paper, using a unique dataset of French firms, matching together export data with firm-level credit constraints, shows that most of the 2008-2009 trade collapse is accounted by the unprecedented demand shock and by...
Persistent link: https://www.econbiz.de/10009640295
been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity …
Persistent link: https://www.econbiz.de/10009640313
Persistent link: https://www.econbiz.de/10010478774
aggregation across countries over the heterogeneous representative agents, and we derive the resulting formulas for stochastic … Monetary Union (EMU). We develop three increasingly restrictive approaches: (1) the heterogeneous agents approach, (2) the … multilateral representative agent approach, and (3) the unilateral representative agent approach. Our heterogeneous agents approach …
Persistent link: https://www.econbiz.de/10009635917
This paper re-examines two data issues concerning euro area money demand: aggregation of national data and measurement … be useful in forecasting exercises.F inally, the conclusions are robust for the aggregation method and the choice of …
Persistent link: https://www.econbiz.de/10009635921