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Portugal and Spain. Portugal and Spain are two countries that share the same peninsular space in the west corner of Europe … two countries (Portugal joined the gold standard while Spain remained off the gold standard). Finally, the Bank of … Portugal and the Bank of Spain exhibit also significant contrasts in their behavior as central banks. …
Persistent link: https://www.econbiz.de/10005417085
The aim of the present article is twofold. Firstly, to put the German Federal Constitutional Court (i.e., the BverfG) judgment into the context of a drawn-out conflict between the German Republic and the European Union regarding the setting up of a crisis management tool in the area of monetary...
Persistent link: https://www.econbiz.de/10012984451
liabilities. Spain’s negative net international investment position increased to 84.3% of GDP, essentially as a result of the …
Persistent link: https://www.econbiz.de/10013224472
According to the balance of payments statistics, Spain's net lending stood at 2.3% as a percentage of GDP in 2019 … restrict movement adopted in Spain and in source countries. Future developments in inbound tourism, in particular, will depend …
Persistent link: https://www.econbiz.de/10012830968
since 1999, Italy and Spain have performed better in the non-euro area than in the euro-area markets. Competitiveness in the …
Persistent link: https://www.econbiz.de/10012898801
measures. However, the competitiveness gap in 2014 vis-à-vis Germany remained unchanged in Italy and Spain, while it increased … marginally in France. The cumulative trend for 1999-2014 in France, Germany and Spain was more favorable vis-à-vis euro …
Persistent link: https://www.econbiz.de/10012999552
This paper examines the factors underlying the stability of inflation observed following devaluations of the Spanish peseta, which took place during the 1992-93 Exchange Rate Mechanism (ERM) crisis. The long-run equilibrium relationships between the exchange rate and the aggregate price indices...
Persistent link: https://www.econbiz.de/10012781996
flows between the United States and Spain. This study uses monthly trade flows on United States exports to and imports from … Spain over the period from January 1993 to December 2012 and the method of bounds testing or the Autoregressive Distributed …
Persistent link: https://www.econbiz.de/10013003750
The objective of this paper is to identify implicit exchange rate regimes for the Spanish peseta/Deutschmark exchange rate. To this end, several statistical approaches, proposed by previous studies, are applied to the period 1965-1998. The results indicate the existence of implicit regimes other...
Persistent link: https://www.econbiz.de/10014061578
survey conducted in Spain by PwC among a panel of experts and entrepreneurs. Our results suggest that the PwC panel have some …
Persistent link: https://www.econbiz.de/10013110288