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Export hysteresis, capacity constraints and uncertainty : a smooth-transition analysis for euro area member countries
Belke, Ansgar; Wagemester, Jan - 2017
We argue that, under certain conditions described by a sunk cost hysteresis model, firms consider exports as a … evidence of the importance of sunk costs and hysteresis in international trade in these EMU member countries. What is more, our … and Portugal) the results underscore the empirical validity of the export hysteresis under uncertainty model. …
Persistent link: https://www.econbiz.de/10011718600
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Export hysteresis, capacity constraints, and uncertainty : a smooth transition analysis for Euro area member countries
Belke, Ansgar; Wagemester, Jan - In: CESifo economic studies : CESifo, a joint initiative of … 63 (2017) 3, pp. 270-294
We argue that, under certain conditions described by a sunk cost hysteresis model, firms consider exports as a … and hysteresis in international trade between the member states of the Economic and Monetary Union (EMU). What is more … (Italy, Greece, and Portugal) the results underscore the empirical validity of the export hysteresis under uncertainty model. …
Persistent link: https://www.econbiz.de/10011778973
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Interest rates and macroeconomic investment under uncertainty
Belke, Ansgar; Göcke, Matthias - In: Credit and capital markets : Kredit und Kapital 54 (2021) 3, pp. 319-345
Persistent link: https://www.econbiz.de/10012803289
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Autonomous demand and the investment share
Girardi, Daniele; Pariboni, Riccardo - In: Review of Keynesian economics 8 (2020) 3, pp. 428-453
Persistent link: https://www.econbiz.de/10012425436
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Persistent trade effects of large exchange rate shocks
Baldwin, Richard E.; Krugman, Paul R. - 1986
Persistent link: https://www.econbiz.de/10000709205
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Trade hysteresis : theory and evidence for Canada
Amano, Robert A. - In: The exchange rate and the economy : [proceedings of a …, (pp. 403-468). 1993
Persistent link: https://www.econbiz.de/10001295377
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Exchange rates and hysteresis in trade
Harris, Richard G. - In: The exchange rate and the economy : [proceedings of a …, (pp. 361-396). 1993
Persistent link: https://www.econbiz.de/10001295378
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Persistent Trade Effects of Large Exchage Rate Shocks
Baldwin, Richard - 1986
returns to its previous level. When we develop a simple model of the feedback from "hysteresis" in trade to the exchange rate …
Persistent link: https://www.econbiz.de/10012477053
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Persistent Trade Effects of Large Exchage Rate Shocks
Baldwin, Richard E.; Krugman, Paul R. - 2022
returns to its previous level. When we develop a simple model of the feedback from "hysteresis" in trade to the exchange rate …
Persistent link: https://www.econbiz.de/10013309588
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Exchange rates, pass through and economic exposure : a review
Sundaram, Anant K.; Mishra, Veena - 1990
Persistent link: https://www.econbiz.de/10000828791