Similar Search Results

Less Perfect Unions : Average Treatment Effects of Currency Unions and the EMU on Trade Over Time

Kopecky, Joseph - 2019

Estimating the currency union effect on trade has been a contentious topic, with a wide range of estimates on the true size of gains. One fundamental issue underlying many estimates is the lack of a accurate control group against which to compare outcomes, making it hard to understand the degree...

Persistent link: https://www.econbiz.de/10012891914

Perspectives on the Euro Area Current Account Sustainability

Dumitriu, Ramona - 2018

Romanian version is available at: 'https://ssrn.com/abstract=3110875' https://ssrn.com/abstract=3110875This paper investigates the Eurozone current account sustainability by using unit root tests and cointegration techniques. The results indicate there is no cointegration between the credit and...

Persistent link: https://www.econbiz.de/10012940283

The Foreign Trade in October 2013

Volovik, Nadezhda - 2014

In 2013, the last year's trend of stagnation of the main foreign trade indices prevailed. It is worth mentioning that while within 10 months of 2013 the import dynamics remained positive, the export dynamics hit the negative zone and, as a result of that, the trade balance surplus decreased

Persistent link: https://www.econbiz.de/10013059865

The Impact of Oil Prices and Trade with an Application to the Euro's Trade Effect

Nanovsky, Simeon - 2016

This paper introduces an oil price-distance interaction variable in a gravity equation to explain how trade behaves due to oil price changes. The findings are that as oil prices increase, international trade becomes more localized, in that countries begin trading relatively more with their...

Persistent link: https://www.econbiz.de/10012992875

A new index of globalization : measuring impacts of integration on economic growth and income inequality

Huh, Hyeon-seung; Park, Cyn-Young - 2019

The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on 158 economies over the period 2006−2014. The second intention is to use the new index to evaluate empirically the possible effects of globalization on economic growth and...

Persistent link: https://www.econbiz.de/10012030661

The ECB's enhanced effective exchange rates and harmonised competitiveness indicators : an updated weighting scheme including trade in services

Schmitz, Martin; Dietrich, Andreas; Brisson, Rémy - 2024

The nominal effective exchange rate (EER) of a currency is an index of the tradeweighted average of its bilateral exchange rates vis-à-vis the currencies of selected trading partners, while the real EER is derived by adjusting the nominal index for relative prices or costs. The nominal EER...

Persistent link: https://www.econbiz.de/10014558999

Resolution for the Eurozone Crisis : An Analysis of the Root Causes, Consequences of Current Policies, and Potential Economic and Structural Solutions

Kuo, Roy - 2013

available for the peripheral EU countries and the potential consequences, and discusses potential solutions which take into … account how the EU operates. The Eurozone still makes sense in order for Europe to compete in an increasingly globalised … devaluations have shown that the peripheral EU countries would not be better off from exiting the euro, so restructuring is the …

Persistent link: https://www.econbiz.de/10014161383

The Gatt's Trade Policy Review of Japan, 1994

Stern, Robert M. - 1998

The overall impression that emerges from the GATT review is that Japan has been struggling sonce 1991 in response to the collapse of its domestic asset markets, the onset of economic slowdown and recession, and a very sizable nominal and real appreciation of the yen

Persistent link: https://www.econbiz.de/10014071930

The roles of vehicle currency and real effective exchange rate in China’s trade with the whole EU

Ho Hoang Gia Bao; Tran Thi Hai Ly; Le Hoang Phong - In: Cogent economics & finance 10 (2022) 1, pp. 1-16

of vehicle currency and real effective exchange rate on China’s total trade balance with the entire EU. This research gap … is especially notable in the circumstances that the EU has surpassed the USA to become China’s largest trading partner …, and USD is the vehicle currency heavily employed in China-EU trade. This article aims to fill the aforesaid gap by …

Persistent link: https://www.econbiz.de/10013463127

The Socio-Economic Ramifications Resulting from the Outbreak of the Coronavirus Pandemic (COVID-19)

Koch, Dr. Benjamin - 2023

The global impact of the COVID-19 pandemic has been staggering, with over 4.3 million confirmed cases and over 290,000 deaths reported worldwide. In addition to the public health crisis, the pandemic has caused significant economic disruption, leading to fears of a global recession. The...

Persistent link: https://www.econbiz.de/10014358379