Showing 1 - 10 of 42,530
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger, traded corporations are often co-owned by foreign portfolio investors, current international accounting standards allocate all corporate savings to the host country. This paper suggests a...
Persistent link: https://www.econbiz.de/10014548481
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger, traded corporations are often co-owned by foreign portfolio investors, current international accounting standards allocate all corporate savings to the host country. This paper suggests a...
Persistent link: https://www.econbiz.de/10014286520
theory of optimum currency areas. We show that the asymmetric shock of the German unification can be seen not only as the … round of monetary expansion in the EMU. -- monetary union ; German unification ; asymmetric shock ; current account … imbalances ; inter-temporal savings ; financial crisis ; euro crisis ; European debt crisis ; theory of optimum currency areas …
Persistent link: https://www.econbiz.de/10008798227
theory of optimum currency areas. We show that the asymmetric shock of the German unification can be seen not only as the …
Persistent link: https://www.econbiz.de/10013094029
Zentrales Anliegen des Autors ist es, die mittel- bis langfristige Entwicklung des realen Außenwertes der DM im letzten Vierteljahrhundert zu erklären. Nach einer kurzen Übersicht über Theorien zur Wechselkursbestimmung aus der Literatur werden die Elemente des hier gewählten theoretischen...
Persistent link: https://www.econbiz.de/10011402138
Persistent link: https://www.econbiz.de/10001637545
theory of optimum currency areas. We show that the asymmetric shock of the German unification can be seen not only as the …
Persistent link: https://www.econbiz.de/10010275023
earlier literature. Since we employ different estimators including (pooled) mean group estimation, we are also able to check …
Persistent link: https://www.econbiz.de/10011575929
regime at the beginning of the sample towards a low variance regime. The estimation results suggest that four permanent and …
Persistent link: https://www.econbiz.de/10010339303
bargaining shock. We then impose these restrictions on a Global VAR consisting of Germany and 8 EMU countries to identify a wage … bargaining shock in Germany. Our results show that, although the German current account was significantly affected by wage …
Persistent link: https://www.econbiz.de/10010532618