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This research analyzes the need for deep regional cooperation between the South-Mediterranean countries in order to minimize the negative effects form the “Hub and Spokes” nature of the Euro-Mediterranean Partnership. Such a deep cooperation requires coordinating the interdependent exchange...
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institutional capacities, and a potential for macroeconomic instability due to monetary expansion, rising inflation rates, and real …
Persistent link: https://www.econbiz.de/10002733334
We use the World Input-Output Database and build on Wang et al. (2013) gross exports decomposition to analyze the bilateral trade relation between Mexico and the United States from a value added perspective. Once we take into account that gross commercial flows are clouded by failing to account...
Persistent link: https://www.econbiz.de/10012240117
We use high-frequency data to examine the effects of introducing an additional night trading session of four hours at the Shanghai Futures Exchange for Copper and Aluminum futures in December 2013. This additional trading session is shown to cause a structural break in the intraday behavior of...
Persistent link: https://www.econbiz.de/10012898128
We analyze the spatial interaction among regions in North America and in Western Europe. We use a gravity model extended by a spatial correlation structures where data allows to evaluate the level of impact and the length of the spatial tail. This allows us to address to effects external to the...
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We study the impact of the COVID-19 pandemic on euro area inflation and how it compares to the experiences of other …-output linkages, affecting both trade and inflation; (2) inflation can be higher under sector-specific labor shortages relative to a … domestic aggregate demand shocks in explaining euro area inflation over 2020-21; and (4) international trade did not respond to …
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