Lexikon der Internationalen Wirtschaftsbeziehungen für Volkswirte, Politikwissenschaftler, Soziologen, Betriebswirte und Juristen sowie alle Interessierten. Es informiert knapp aber zugleich detailliert über Begriffe, Grundlagen und Institutionen in der zunehmend globalisierten Wirtschaft.

This paper suggests a three-stage procedure for the estimation of time-invariant and rarely changing variables in panel data models with unit effects. The first stage of the proposed estimator runs a fixed-effects model to obtain the unit effects, the second stage breaks down the unit effects...

The introduction of the Euro has considerably affected the de facto monetary policy autonomy - defined as statistical independence from monetary policy in the key currency areas - in countries outside the European Currency Union. Using a standard open economy framework we argue that de facto...