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This paper assesses macroeconomic determinants of labour mobility and its role in the adjustment to asymmetric shocks. First, the paper develops stylised facts of mobility at the national and sub-national levels in the EU. Then, it explores the macroeconomic determinants of bilateral migration...
Persistent link: https://www.econbiz.de/10011326538
and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 …-sectional gravity approach, we show that an uncertainty shock directly reduces cross-border trade flows. The paper illustrates the …
Persistent link: https://www.econbiz.de/10013550200
and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 …-sectional gravity approach, we show that an uncertainty shock directly reduces cross-border trade flows. The paper illustrates the …
Persistent link: https://www.econbiz.de/10014233567
tools are rooted in the structural gravity literature. The first tool estimates the impact of tariff changes on bilateral …
Persistent link: https://www.econbiz.de/10012820833
"). Based on the gravity model of international trade, we provide evidence from triple difference-in-differences as well as PPML …
Persistent link: https://www.econbiz.de/10012421152
countries which adopted the common currency since 2002. Based on "state of the art" gravity estimations for the period 1992 …-2013, we reach three main conclusions. First, estimates from an appropriately specified and estimated gravity equation provide … global average during the 2002-2013 period. Using the functional form of a theory-consistent gravity equation, we perform …
Persistent link: https://www.econbiz.de/10011597238
'). Based on the gravity model of international trade, we provide evidence from triple difference-in-differences as well as PPML …
Persistent link: https://www.econbiz.de/10012423918
Confidence dropped universally across countries and sectors during the height of the COVID-19 pandemic in Europe. Latest survey data suggest that confidence is on track for a v-shaped recovery. The swift implementation of stringent containment measures as well as economic stimulus policy...
Persistent link: https://www.econbiz.de/10012254217
Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries' imports from …
Persistent link: https://www.econbiz.de/10012533941
We identify a novel dimension of monetary policy from high-frequency changes in asset prices around ECB policy events, orthogonal to surprises extracted from risk-free interest rates. We find that it is present in policy events that were interpreted by real-time market commentaries as containing...
Persistent link: https://www.econbiz.de/10012818740