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In der Juliausgabe veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Erber mit dem Titel „Irrungen und Wirrungen mit der Leistungsbilanzstatistik“. Dazu äußert sich Jan Priewe kritisch. Anschließend stellt Georg Erber in einer Erwiderung seine Sicht dar.
Persistent link: https://www.econbiz.de/10009689201
groups, financial integration contributed to explain CA deterioration in the peripheral countries especially in the post-EMU …
Persistent link: https://www.econbiz.de/10013025203
financial integration contributed to explain CA deterioration in the peripheral countries especially in the post-EMU period. The …
Persistent link: https://www.econbiz.de/10013027357
In der Juliausgabe veröffentlichte der Wirtschaftsdienst einen Aufsatz von Georg Erber mit dem Titel 'Irrungen und Wirrungen mit der Leistungsbilanzstatistik'. Dazu äußert sich Jan Priewe kritisch. Anschließend stellt Georg Erber in einer Erwiderung seine Sicht dar.
Persistent link: https://www.econbiz.de/10010516311
This paper analyses the long-run effects of financialisation and of the recent financial and economic crises for 15 countries. In order to provide a theoretical framework, we first outline three types of regimes under the conditions of financialisation, namely a debtled private demand boom, an...
Persistent link: https://www.econbiz.de/10011311194
. These surpluses have added to immense current account imbalances within and outside the European Monetary Union (EMU … exports, the present paper econometrically investigates the determinants of German intra- and extra-EMU exports for the period … significant impact of the real exchange rate on intra-EMU exports. However, our estimations provide a stable relationship between …
Persistent link: https://www.econbiz.de/10011781876
Germany's recent export successes and the fast recovery from the 2007 -2009 crisis made it Europe's "economic superstar" in public opinion. This paper interprets the German performance against the background of financialisation. After an examination of the pre-crisis demand and growth regime,...
Persistent link: https://www.econbiz.de/10010393475
This study on Germany examines the long-run changes between the financial and the non-financial sectors of the economy, and in particular the effects of these changes on the macroeconomic developments that have led or contributed to the financial crisis starting in 2007 and the Great Recession...
Persistent link: https://www.econbiz.de/10010433934
The paper investigates whether higher financial integration leads in general to slower current account adjustments. The study estimates theoretically founded trade balance reaction functions for a panel of seventy countries from 1970-2004. The empirical analysis finds that adjustment in...
Persistent link: https://www.econbiz.de/10010316759
During the 2011-2015 period, Turkey's current account deficit as a percentage of GDP was one of the largest among the OECD countries. In this paper, we examine if this deficit can be considered sustainable using the Engel and Rogers (2006) approach. In this framework, the current account of a...
Persistent link: https://www.econbiz.de/10011609959