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Pricing-to-market effects in foreign trade prices : evidence from a cointegration approach for Germany

Stephan, Sabine (contributor) - 2005

The article analyses the impact of exchange rate changes on German export and import prices. The analytical framework is a mark-up model which is based on the assumption that the markets under consideration are imperfectly competitive as well as segmented. Hence, firms will no longer set prices...

Persistent link: https://www.econbiz.de/10003744526

An Update of the Bank of Italy Methodology Underlying the Estimation of Price-Competitiveness Misalignments

Giordano, Claire - 2020

This paper documents the recent innovations to the Bank of Italy methodology underlying the estimation of price-competitiveness misalignments , first put forward in Giordano (2018); it also provides the most recent misalignment estimates for the euro area and for its four main economies, based...

Persistent link: https://www.econbiz.de/10012832771

The causal effects of expected depreciations

Delgado, Martha Elena; Herreño, Juan; Hofstetter … - 2024

We estimate the causal effects of a shift in the future expected exchange rate of a local currency against the US dollar on a representative sample of firms in a small open economy. We survey a nationally representative sample of firms and provide the one-year-ahead nominal exchange rate...

Persistent link: https://www.econbiz.de/10015078550

Reverse Causality in Global Current Accounts

Schnabl, Gunther - 2010

The paper discusses global imbalances under the aspect of an asymmetric world monetary system. It identifies the US and Germany as center countries with rising/high current account deficits (US) and surpluses (Germany). These are matched by current account surpluses of countries stabilizing...

Persistent link: https://www.econbiz.de/10013142986

Determinants of global and intra-European imbalances

Schnabl, Gunther; Freitag, Stephan - 2011

The paper discusses global current account imbalances in the context of an asymmetric world monetary system and asymmetric current account developments. It identifies the US and Germany as center countries with rising / high current account deficits (US) and surpluses (Germany). These are...

Persistent link: https://www.econbiz.de/10009508894

A tale of two surplus countries : China and Germany

Cheung, Yin-Wong; Steinkamp, Sven; Westermann, Frank - 2019

We analyze current account imbalances through the lens of the two largest surplus countries; China and Germany. We observe two striking patterns visible since the 2007/8 Global Financial Crisis. First, while China has been gradually reducing its current account surplus, Germany's surplus has...

Persistent link: https://www.econbiz.de/10012008403

A tale of two surplus countries : China and Germany

Cheung, Yin-Wong; Steinkamp, Sven; Westermann, Frank - 2019

Persistent link: https://www.econbiz.de/10012024585

Chapter 3 World military expenditures

Brzoska, Michael - In: Handbook of defense economics : volume 1, (pp. 45-67). 1995

standard definitions but national governments are free to use their own definitions. Specific inflation pressures complicate …

Persistent link: https://www.econbiz.de/10014024428

Inflation and the Skewness of the Distribution of Relative Price Changes: Empirical Evidence for Germany

Döpke, Jörg; Pierdzioch, Christian - 2001

aggregate inflation and the higher-order moments of the distribution of relative price changes. Our empirical findings confirm … explanatory variable for the inflation rate. Further, the skewness measure also helps to explain shifts in the Phillips curve …

Persistent link: https://www.econbiz.de/10010260622

Is the Relationship Between Inflation and its Uncertainty Linear?

Karanasos, Menelaos; Schurer, Stefanie - 2007

We use parametric power ARCH models of the conditional variance of inflation to model the relationship between … inflation and its uncertainty using monthly data for Germany, the Netherlands and Sweden over a period ranging from 1962 to 2004 ….For all three countries inflation significantly raises inflation uncertainty as predicted by Friedman. Increased …

Persistent link: https://www.econbiz.de/10010274364