Narrow search
Showing 1 - 10 of 7,490
Cover Image
Regional Price Adjustment in a Monetary Union
Berk, Jan Marc; Swank, Job - 2011
, notwithstanding that inflation in some countries tends to converge towards the euro area level. Overall, inflation persistence has …
Persistent link: https://www.econbiz.de/10014110022
Cover Image
Wages and prices in Europe before and after the onset of the Monetary Union
Girardi, Riccardo; Paruolo, Paolo - In: Economic modelling 35 (2013), pp. 643-653
Persistent link: https://www.econbiz.de/10010336728
Cover Image
Inflation and unemployment, new insights during the EMU accession
Combes, Jean-Louis; Lesuisse, Pierre - In: International economics : a journal published by CEPII … 172 (2022), pp. 124-142
Persistent link: https://www.econbiz.de/10014339405
Cover Image
Adjustment in EMU: is convergence assured?
Dullien, Sebastian; Fritsche, Ulrich; Größl, Ingrid; … - 2009
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10003915319
Cover Image
Real Convergence and Inflation : Quantification and Implications for Integration with the Euro Area
Podkaminer, Leon - 2008
there is no shorter-term trade-off between fast real convergence and low inflation. Such a tradeoff characterises the … dynamic process moving the economy along the regression line. But the actual dynamics may run off that line. High inflation is …
Persistent link: https://www.econbiz.de/10012723295
Cover Image
Financial heterogeneity and monetary union
Gilchrist, Simon; Schoenle, Raphael; Sim, Jae W.; … - 2018
We analyze the economic consequences of forming a monetary union among countries with varying degrees of financial distortions, which interact with the firms' pricing decisions because of customer-market considerations. In response to a financial shock, firms in financially weak countries (the...
Persistent link: https://www.econbiz.de/10011932300
Cover Image
The Impact of the European Monetary Union on Inflation Persistence in the Euro Area
Meller, Barbara; Nautz, Dieter - 2009
monetary policy reduces the persistence of inflation. Taking into account the fractional integration of inflation, we confirm … that inflation dynamics differed considerably across Euro area countries before the start of EMU. Since 1999, however …, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with …
Persistent link: https://www.econbiz.de/10014209771
Cover Image
Price Level Convergence within the Euro Area : How Europe Caught Up with the US and Lost Terrain Again
Hoeberichts, Marco - 2016
Persistent price differences across euro area countries are an indication of incomplete economic integration. We analyze long and short run developments of price level dispersion in the euro area and compare the results with the situation in the US. We find that monetary and economic integration...
Persistent link: https://www.econbiz.de/10013000304
Cover Image
Essays on gradual wage-price adjustments, monetary unions and open economy macrodynamics
Proaño Acosta, Christian (contributor) - 2008
Persistent link: https://www.econbiz.de/10003738085
Cover Image
Regional real exchange rates and Phillips curves in monetary unions : evidence from the US and EMU
Berk, Jan Marc; Swank, Job - 2007
Persistent link: https://www.econbiz.de/10003596363