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Germany versus the United States : monetary Dominance in the Eurozone
Quah, Chee Heong - In: Economies : open access journal 4 (2016) 2, pp. 1-16
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …
Persistent link: https://www.econbiz.de/10011499412
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The European Monetary Union break-up : an economic experiment on the return of the deutsche mark
Mönnig, Anke - In: Economic systems research : journal of the … 28 (2016) 4, pp. 497-517
Persistent link: https://www.econbiz.de/10011583845
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International economics with IS-MP : a (monetary) Keynesian approach
Betz, Karl - 2016
Persistent link: https://www.econbiz.de/10011922190
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Old shocks cast long shadows over the exchange rate
Jón Helgi Egilsson - In: Journal of applied economics 22 (2019) 1, pp. 196-218
We propose a new exchange rate model using IRD time series as the input, and we fit the new model with empirical data for calibration. We assume that exchange rate modeling cannot be based on the response to a single shock but must instead be based on the response to a series of shocks, as...
Persistent link: https://www.econbiz.de/10012157333
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Global monetary and financial spillovers : evidence from a new measure of Bundesbank policy shocks
Cloyne, James S.; Hürtgen, Patrick; Taylor, Alan M. - 2022
monetary contraction. But given Germany's central role in the European Monetary System (EMS), we can also shed light on debates …
Persistent link: https://www.econbiz.de/10013361910
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Competitiveness, labor market institutions, and monetary policy : monetary policy should respond to the exchange rate in countries where labor market institutions hinder wage adjus...
Faia, Ester - 2017
In the presence of rigid prices, movements in the exchange rate help to absorb external shocks and to reduce changes in net exports. However, they also affect firms’ competitiveness, marginal costs, and labor demand. In countries where labor market institutions hinder wage adjustment (for...
Persistent link: https://www.econbiz.de/10011717323
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Exchange rates and prices : evidence from the 2015 Swiss franc appreciation
Auer, Raphael A.; Burstein, Ariel T.; Lein-Rupprecht, … - 2018
Persistent link: https://www.econbiz.de/10011905527
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Exchange rates and prices : evidence from the 2015 Swiss Franc appreciation
Auer, Raphael A.; Burstein, Ariel T.; Lein-Rupprecht, … - 2018
The removal of the lower bound on the EUR/CHF exchange rate in January 2015 provides a unique setting to study the implications of a large and sudden appreciation in an otherwise stable macroeconomic environment. Using transaction-level data on non-durable goods purchases by Swiss consumers, we...
Persistent link: https://www.econbiz.de/10011900831
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A monetary approach to the exchange rate
Bilson, John F. O. - 1976
Persistent link: https://www.econbiz.de/10000593322