Showing 1 - 10 of 16
The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...
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assess the influence of the 2006 reform of the EU sugar regime on price transmission in the sugar sector. The investigations … to be carried out had to focus on the different types of transmission of price changes, studying the reasons for any … uneven or asymmetric price transmission between sugar producers and final consumers, and taking into account the intermediate …
Persistent link: https://www.econbiz.de/10011439219
This paper discusses a wide range of indicators of the degree of integration of the euro area banking system. It is concerned with volume data, a less developed field of research compared with studies on prices/rates. We first set out a methodological framework, a mixture of elementary and more...
Persistent link: https://www.econbiz.de/10009636523
This paper identifies the empirical stylized features of price setting behaviour in Portugal using the micro …-datasets underlying the consumer and the producer price indexes. The main conclusions are the following: 1 in every 4 prices change each … month; there is a considerable degree of heterogeneity in price setting practices; consumer prices of goods change more …
Persistent link: https://www.econbiz.de/10009636702
Based upon a large fraction of the price records used for computing the French CPI, we document consumer price rigidity … in France. We first provide a methodological discussion of issues involved in estimating average price duration with … months. A strong heterogeneity across sectors both in the average duration of prices and in the pattern of price setting is …
Persistent link: https://www.econbiz.de/10009639438
price-setting behavior of French manufacturing companies. Prices are found to adjust infrequently; the median firm modifies … its price only once a year. Price reviews are more frequent than price changes; the median firm reviews its price … of price reviews depends on the probability that changes in the firms’ environment occur. Coordination failure and …
Persistent link: https://www.econbiz.de/10009639484
In a payment card association such as Visa, each time a consumer pays by card, the bank of the merchant (acquirer) pays an interchange fee (IF) to the bank of the cardholder (issuer) to carry out the transaction. This paper studies the determinants of socially and privately optimal IFs in a card...
Persistent link: https://www.econbiz.de/10009640439