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Price convergence in the EMU?Evidence from micro data
Fischer, Christoph - Volkswirtschaftliches Forschungszentrum <Frankfurt, Main> - 2009
The establishment of European monetary union (EMU) was widely expected to causeprice convergence among member states. In an investigation of this claim, the presentstudy avoids problems of comparability and representativeness by using an extremelydetailed and comprehensive scanner database on...
Persistent link: https://www.econbiz.de/10005866233
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Price convergence in the EMU? : evidence from micro data
Fischer, Christoph - 2009
The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states. In an investigation of this claim, the present study avoids problems of comparability and representativeness by using an extremely detailed and comprehensive scanner database on...
Persistent link: https://www.econbiz.de/10003815486
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Concept and Mathematics of Islamic Financial Engineering
Aydin, Nadi Serhan - 2012
We argue that Islamic principles, in particular the avoidance of ribā and gharar should be applied with respect to real economic value rather than to monetary value in terms of conventional currency. In order to reconcile monetary value with economic value, we propose a reference currency...
Persistent link: https://www.econbiz.de/10013102582
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Euro-Dollar Polarization and Heterogeneity in Exchange Rate Pass-Throughs within the Euro Zone
Comunale, Mariarosaria - 2015
inflation in the euro zone, dividing the sample in two groups of countries: core and periphery. Then we test if the euro … inflation dynamics.Using a dynamic panel data framework based on an exchange rate pass-through model, we estimate the … factor, in determining the asymmetry in HICP inflation between core and periphery. The nominal effective exchange rate …
Persistent link: https://www.econbiz.de/10013026430
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Price Convergence in the Emu? Evidence from Micro Data
Fischer, Christoph A. - 2016
The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states. In an investigation of this claim, the present study avoids problems of comparability and representativeness by using an extremely detailed and comprehensive scanner database on...
Persistent link: https://www.econbiz.de/10012991062
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An Assessment of the Trends in International Price Competitiveness Among EMU Countries
Fischer, Christoph A. - 2016
Inflation differentials within European Monetary Union (EMU) are increasingly seen as exerting adverse effects on the … euro-area economies, in particular to those with relatively high inflation rates. Using three simple measures of …
Persistent link: https://www.econbiz.de/10012991149
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Price convergence in the EMU? Evidence from micro data
Fischer, Christoph - Deutsche Bundesbank - 2009
The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states. In an investigation of this claim, the present study avoids problems of comparability and representativeness by using an extremely detailed and comprehensive scanner database on...
Persistent link: https://www.econbiz.de/10005083152
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An assessment of the trends in international price competitiveness among EMU countries
Fischer, Christoph - Deutsche Bundesbank - 2007
Inflation differentials within European Monetary Union (EMU) are increasingly seen as exerting adverse effects on the … euro-area economies, in particular to those with relatively high inflation rates. Using three simple measures of …
Persistent link: https://www.econbiz.de/10005083196
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Price Convergence in the EMU? Evidence from Micro Data
Fischer, Christoph A. - 2012
The establishment of European monetary union (EMU) was widely expected to cause price convergence among member states. In an investigation of this claim, the present study avoids problems of comparability and representativeness by using an extremely detailed and comprehensive scanner database on...
Persistent link: https://www.econbiz.de/10013109644
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An Assessment of the Trends in International Price Competitiveness Among Emu Countries
Fischer, Christoph A. - 2012
Inflation differentials within European Monetary Union (EMU) are increasingly seen as exerting adverse effects on the … euro-area economies, in particular to those with relatively high inflation rates. Using three simple measures of …
Persistent link: https://www.econbiz.de/10013109645