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International risk-sharing and the transmission of productivity shocks

Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - 2004

A central puzzle in international finance is that real exchange rates are volatile and, in stark contradiction to effcient risk-sharing, negatively correlated with cross-country consumption ratios. This paper shows that incomplete asset markets and a low price elasticity of tradables can account...

Persistent link: https://www.econbiz.de/10009636531

Terms-of-trade effects in catching-up countries: the case of the Czech Republic

Mora, Marek - 2006

Over the last decade the Czech Republic has had the lowest GDP growth of all the ten recently acceded Member States. However, its foreign balance has improved over the same period, as have the terms of trade. Although changing terms of trade can have a significant welfare effect, this often...

Persistent link: https://www.econbiz.de/10009661742

Support services for victims of violence in asylum and migration : Greece : 20 - 21 February 2018 ; Discussion Paper - Greece

ÖSB Consulting

Persistent link: https://www.econbiz.de/10012036380

Ex-post evaluation of EU assistance to Croatia in the period 2007-2013 : Final Report ; Main Report

Aide à la Décision Economique - 2019

The present report is the Final Report of the “Ex-post evaluation of EU assistance to Croatia provided during the … development of the necessary capacities for the achievement and continuous uptake of Croatia's commitments for its EU membership … improving current support to enlargement countries. The evaluation’s scope covers pre-accession assistance provided to Croatia …

Persistent link: https://www.econbiz.de/10012056125