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E-commerce has become more prevalent throughout Europe in the last decade. The coronavirus (COVID-19) pandemic accelerated this trend, particularly in the retail sector. This paper focuses on the implications of increasing business-to-consumer ecommerce for prices and inflation in the euro area....
Persistent link: https://www.econbiz.de/10014374698
This report contains three separate papers, each addressing selected issues concerning natural gas policy and security of gas supply in Europe. The over-arching themes are vulnerability (to supply disruptions, to supplier pricing power) and fragmentation; and measures designed to overcome them,...
Persistent link: https://www.econbiz.de/10011345633
We characterize increases and decreases in plant-product -level output sales in the Finnish manufacturing sector during years 2006 to 2015. We show that during the recession of 2008 to 2009, the intensity of variation in plant-product -level sales diminished, and it took several years until the...
Persistent link: https://www.econbiz.de/10012037692
generate notable multiplicative effects in the economy. According to the findings, the productivity and the growth rates of the …
Persistent link: https://www.econbiz.de/10012037673
It remains unclear whether or not Russia will actually invade Ukraine, and if it does so, what form this invasion will … take. In this note, we outline two broad scenarios: targeted strikes by Russia in Ukraine accompanied by further non … sanctions on either Russian GDP or the FX rate. However, we find that Russia is extremely vulnerable to a reduction in the price …
Persistent link: https://www.econbiz.de/10013178173
the most severe economic and financial impact will be in Ukraine and Russia. Much of Ukraine is already devastated by the … the back of high energy prices. If the EU were to ban imports of energy from Russia, or if Russia itself limits or stops …, Russia and the rest of Europe has been changed radically by the events of the last few weeks. For Ukraine, if one part of the …
Persistent link: https://www.econbiz.de/10014374252
the implications of digitalisation for measurement, productivity, labour markets and inflation, as well as more recent …, aggregate productivity growth has decreased in most advanced economies since the 1970s. However, it is likely that without the … spread of digital technologies the productivity slowdown would have been even more pronounced, and the recent acceleration in …
Persistent link: https://www.econbiz.de/10012661648
and productivity growth may have been understated and the rate of price inflation overstated. Measurement errors alone do …
Persistent link: https://www.econbiz.de/10012148925
for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of … through a number of channels, including productivity, employment, competition and prices; (iii) digitalisation raises … productivity and lowers prices, similarly to other supply/technology shocks; (iv) this has implications for monetary policy and its …
Persistent link: https://www.econbiz.de/10012521148
There is a lack of comprehensive information on the quality of management in Finland as compared to other countries. Funded by the Strategic Research Council, the Skills, Education and the Future of Work research project has started filling this gap. As part of the project, an extensive survey...
Persistent link: https://www.econbiz.de/10012037693