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Border effects in passenger air traffic
Klodt, Henning - 2003
National borders substantially matter in passenger air traffic. Empirical estimates based upon a new data set on domestic and international departures from German airports indicate that the German border reduces air traffic activity by a factor of four to five. This result adds a further piece...
Persistent link: https://www.econbiz.de/10010265582
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Currency union entries and trade
Nitsch, Volker - 2005
Recent research suggests that adopting a common currency increases bilateral trade. In this paper, I explore … experiences of currency union entry in the post-war period and find no effect on trade. Previous results derived from a large … trade, currency union entry appears to have no measurable effect on trade. Also, in a detailed analysis of the enlargement …
Persistent link: https://www.econbiz.de/10010299098
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Trade with central and eastern Europe
Polgár, Éva Katalin; Wörz, Julia - 2010
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing … intra and inter-industry trade as well as between trade from western and eastern Europe and we try to assess the relative … importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an …
Persistent link: https://www.econbiz.de/10009640296
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estimating cross country differences in product quality using Eurostat's COMEXT trade database
Pula, Gabor; Santabárbara, Daniel - 2011
There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the advanced world, its export unit values are well below...
Persistent link: https://www.econbiz.de/10009640686
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U.S. Monetary Policy Spillovers to GCC Countries : Do Oil Prices Matter?
Adedeji, Olumuyiwa - 2020
This paper provides empirical evidence that the size of the spillovers from U.S. monetarypolicy to non-oil GDP growth in the GCC countries depends on the level of oil prices. Thepotential channels through which oil prices could affect the effectiveness of monetary policyare discussed. We find...
Persistent link: https://www.econbiz.de/10012843292
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Drivers of climate change in selected emerging countries : the ecological effects of monetary restrictions and expansions
Thanh Phuc Nguyen; Tho Ngoc Tran; Thi Thu Hong Dinh; … - In: Cogent economics & finance 10 (2022) 1, pp. 1-29
Drivers of environmental quality have recently been identified in a large body of literature. However, the ecological effects of both regimes of monetary policy remain under-explored so far. Moreover, previous studies use limited samples and econometric approaches. Climate change from the...
Persistent link: https://www.econbiz.de/10013373680
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Macroprudential policies in the EAGLE FLI model calibrated for Hungary
Fukker, Gábor; Kaszab, Lóránt - 2019
In this paper we develop the Hungarian version of the EAGLE FLI (Euro Area GLobal Economy model with Financial LInkages) model which is the EAGLE model enriched with financial frictions and country-specific banking sector. The EAGLE FLI features the intermediation of loanable funds (ILF) view in...
Persistent link: https://www.econbiz.de/10011986731
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Does monetary policy matter for trade?
Wong, Kin-ming; Chong, Terence Tai-Leung - In: International economics : a journal published by CEPII … 147 (2016), pp. 107-125
Persistent link: https://www.econbiz.de/10011623618
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Completing the monetary union of Europe as mid-term solution of the Euro crisis
Fischer, Justina A. V.; Pastore, Francesco - 2015
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
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Structural asymmetries at the roots of the eurozone crisis : what's new for industrial policy in the EU?
Botta, Alberto - 2014
In this paper, we analyze and try to measure productive and technological asymmetries between central and peripheral economies in the eurozone. We assess the effects such asymmetries would likely bring about on center-periphery divergence/convergence patterns, and derive some implications as to...
Persistent link: https://www.econbiz.de/10010337634