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Monetary search theory implies that the real effects of inflation via its impact on price dispersion depend on the … level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation …-price dispersion nexus is predicted to be asymmetrically V-shaped which results in an optimal inflation rate above zero. For highly …
Persistent link: https://www.econbiz.de/10010281593
Monetary search theory implies that the real effects of inflation via its impact on price dispersion depend on the … level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation …-price dispersion nexus is predicted to be asymmetrically V-shaped which results in an optimal inflation rate above zero. For highly …
Persistent link: https://www.econbiz.de/10008749778
The persistent divergence between services and goods inflation in the euro area points to a deficit in productivity … and a changing euro exchange rate) have not played a sustained role in driving inflation in services higher than in goods …
Persistent link: https://www.econbiz.de/10012719729
question the future of globalisation. In this paper we provide a survey of the main arguments put forward in this literature …
Persistent link: https://www.econbiz.de/10013322681
In 2013, the last year's trend of stagnation of the main foreign trade indices prevailed. It is worth mentioning that while within 10 months of 2013 the import dynamics remained positive, the export dynamics hit the negative zone and, as a result of that, the trade balance surplus decreased
Persistent link: https://www.econbiz.de/10013059865
Die fortschreitende europäische Integration führt tendenziell zu einer Annäherung der Preise von Gütern und Dienstleistungen. Mit der Erweiterung der EU hat sich dieser Prozess etwas beschleunigt. Der Beitritt der mittel- und osteuropäischen Länder beeinflusst die Preiskonvergenz auf...
Persistent link: https://www.econbiz.de/10011601754
-EU trading partners at the country-sector level. We find that especially upstream integration and EU-accession dampen inflation …
Persistent link: https://www.econbiz.de/10012230486
costs across product groups. We show that, after the referendum, inflation increased by more for product groups with higher …
Persistent link: https://www.econbiz.de/10012157863
. Globalisation has thus created pockets of losers, and recent evidence indicates that in addition to financial losses, residents of … 2018 and 2019 are unlikely to help the losers from globalisation. Instead, displaced workers may be better supported by a …
Persistent link: https://www.econbiz.de/10012745407
The article aims at determining the inflation influence between Poland and selected EU member states. Although for some … time the general inflation level in those countries was definitely controllable, the problem seems to be returning. That is … determine inflation influences on Poland. The study confirmed the impact of the selected countries on Polish inflation …
Persistent link: https://www.econbiz.de/10009575898