Showing 1 - 10 of 14,436
the nominal convergence triggered by the Maastricht Treaty didn't involve a true reduction of structural differences. It …
Persistent link: https://www.econbiz.de/10008792558
the nominal convergence triggered by the Maastricht Treaty did not involve a true reduction of structural differences. It …
Persistent link: https://www.econbiz.de/10010780254
the nominal convergence triggered by the Maastricht Treaty did not involve a true reduction of structural differences. It …
Persistent link: https://www.econbiz.de/10010780336
La Revista Integración & Comercio del BID incluye artículos referidos a las distintas manifestaciones del proceso de integración en América Latina y el Caribe, a la integración hemisférica y, también, a los procesos con igual orientación que se llevan a cabo en otras partes del mundo....
Persistent link: https://www.econbiz.de/10010672495
We search for breaks in the short term business lending rate pass-through in euro countries, possibly associated with the introduction of the euro. One break is detected in six national retail rates among EMU countries; two breaks are found in other six cases, and in the UK as well. The last...
Persistent link: https://www.econbiz.de/10008517806
We search for breaks in the short term business lending rate pass-through in euro countries, possibly associated with the introduction of the euro. One break is detected in six national retail rates among EMU countries; two breaks are found in other six cases, and in the UK as well. The last...
Persistent link: https://www.econbiz.de/10005636195
In the euro area, nominal wage rigidities and the speed of disinflationary policy seem to be determinants of the “sacrifice ratio”. In France, wage changes are fairly frequent but largely predetermined, which creates rigidity; by contrast, they seem to be governed more by in-house agreements...
Persistent link: https://www.econbiz.de/10009283327
clear tradeoff between the expected frequency and average duration of ZLB events along the boundary of the convergence …
Persistent link: https://www.econbiz.de/10010862360
In this paper we present a two-country dynamic general equilibrium model of ex ante unequally developed countries. The model explains a key feature recently observed in transition economies – the long-run trend real exchange rate appreciation – through investments into quality. Our...
Persistent link: https://www.econbiz.de/10005344863
in terms of GDP growth. The author also provides the speed of convergence and time required to achieve a 100 percent … convergence. Findings – But for financial intermediary size within the CFA zone, findings, for the most part, support only … unconditional convergence. There is no form of convergence within the CEMAC zone. Practical implications – The broad insignificance …
Persistent link: https://www.econbiz.de/10010814915