Showing 1 - 10 of 11,196
Were real effective exchange rates (REER) of Euro area member countries drastically misaligned at the outbreak of the … linear combination of a large set of non-Euro area countries. We find that Euro area crisis countries are best described by a …
Persistent link: https://www.econbiz.de/10010358388
We estimate a three-region (DE-REA-RoW) structural macroeconomic model, and we provide a counterfactual on how nominal exchange rate flexibility would have affected the German trade balance (TB) by simulating the shocks of the estimated model under a counterfactual flexible exchange rate regime....
Persistent link: https://www.econbiz.de/10011983671
Persistent link: https://www.econbiz.de/10011774750
Persistent link: https://www.econbiz.de/10000962885
Persistent link: https://www.econbiz.de/10001997484
This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries.real effective exchange rates, including those of the individual euro area economies, and compares …
Persistent link: https://www.econbiz.de/10008901483
Persistent link: https://www.econbiz.de/10009573816
Persistent link: https://www.econbiz.de/10009381945
Persistent link: https://www.econbiz.de/10009239436
Persistent link: https://www.econbiz.de/10011341831