Das ifo Institut hat im Auftrag des Bundesministeriums für Wirtschaft und Technologie die vorliegende Evaluierungsstudie zu den Dimensionen und Auswirkungen eines Freihandelsabkommen zwischen der EU und den USA durchgeführt. Die Studie zeigt, dass ein tiefgreifendes...

In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...

In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...

Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to consequences for the exchange rate. This might lower fiscal discipline. In order to shed light on the empirical relevance of this consideration, the impact of the exchange rate...