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Employing cointegration techniques, the long-run determinants of Madagascar''s real exchange rate are examined from a stock-flow perspective. The long-run behavior of the real effective exchange rate is explained by the net foreign asset position and factors affecting trade flows. An index of...
Persistent link: https://www.econbiz.de/10014404020
This paper proposes a new way of computing a coincident indicator for economic activity in France using data from …
Persistent link: https://www.econbiz.de/10014404058
France's recent economic performance has been distinctly positive, supported by policy reforms over a number of years …. Improving long-term economic performance depends crucially on significant reductions in France's high tax burden. Effective …
Persistent link: https://www.econbiz.de/10014402325
This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting...
Persistent link: https://www.econbiz.de/10014402378
Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany … an increase in unit labor costs or in its terms of trade, France adjusts relatively less via price and wage changes, and …
Persistent link: https://www.econbiz.de/10014402574
For the time being—and possibly for a considerable time to come—developments and prospects for the euro area are quite favorable. This upbeat outlook is underpinned by buoyant activity indicators and a supportive policy mix. High household and business confidence, rising capacity utilization...
Persistent link: https://www.econbiz.de/10014401965
agreement (the 'Agreement') with the Banque de France (hereafter France), effective on February 1, 2018. This new borrowing … agreement with France provides new resources to the Extended Credit Facility Loan Account of the PRGT in the total amount of up … Trust. This paper presents the new Agreement with France to the Executive Board for information. Including this Agreement …
Persistent link: https://www.econbiz.de/10014408423
, France, Japan, the Netherlands, Norway, Spain, Sweden and the United Kingdom. Together, these agreements provide a total of …
Persistent link: https://www.econbiz.de/10014408897
This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy …, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and …
Persistent link: https://www.econbiz.de/10014409024
Persistent link: https://www.econbiz.de/10000380388