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Current account adjustment in EU countries : does euro-area membership make a difference?

Herrmann, Sabine; Jochem, Axel - 2013

The paper evaluates current account dynamics in countries with different exchange rate regimes within the EU. In this, the empirical analysis explicitly differentiates between countries with a flexible and a fixed exchange rate regime and members of a monetary union. In addition, we model the...

Persistent link: https://www.econbiz.de/10010211960

International capital flows, external assets and output volatility

Hoffmann, Mathias; Krause, Michael; Tillmann, Peter - 2014

This paper proposes a new perspective on international capital flows and countries' long-run external asset position. Cross-sectional evidence for 84 developing countries shows that over the last three decades countries that have had on average higher volatility of output growth (1) accumulated...

Persistent link: https://www.econbiz.de/10010433418

Growth in spasmodia : foreign baorrowing and crises

Fabella, Raul V. - 1984

Persistent link: https://www.econbiz.de/10003529083

Markup responses to Chinese imports

Meinen, Philipp - 2016

This paper analyzes markup responses of Danish firms to Chinese imports. Besides negative markup responses due to competitive pressure, we present some evidence for marginal cost savings related to Chinese intermediate goods imports which tend to raise firm-level markups.

Persistent link: https://www.econbiz.de/10011434402

Trade in value added : do we need new measures of competitiveness?

Lommatzsch, Kirsten; Silgoner, Maria Antoinette; … - 2017

It has been argued that the increasing importance of global value chains necessitates a modification of conventional competitiveness measures. We compile a broad dataset including value added trade, gross exports and conventional and value added based real exchange rates. To sharply focus on...

Persistent link: https://www.econbiz.de/10011587107

Collateral imbalances in intra-European trade? : accounting for the differences between gross and value added trade balances

Nagengast, Arne J.; Stehrer, Robert - 2014

One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...

Persistent link: https://www.econbiz.de/10010384148

Reserve accumulation, growth and financial crises

Benigno, Gianluca; Fornaro, Luca - 2012

Persistent link: https://www.econbiz.de/10009671476

The IMF to the rescue : did the euro area benefit from the fund's experience in crisis fighting?

Dullien, Sebastian; Fritz, Barbara; Mühlich, Laurissa - 2016

The paper analyses how the IMF brought its experience gained in emerging market sovereign debt crises in the troika’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in the 2000s. We examine subsequent changes in the...

Persistent link: https://www.econbiz.de/10011548057

The rate of repression, allocations to consumption and communist regime collapse

Brezis, Elise S.; Schnytzer, Adi - 1996

Persistent link: https://www.econbiz.de/10000958035

Farms versus firms in economic development : the assumptions and consequences of learning dynamics in agriculture and mnufacturing

Srinivas, Smita; Vieira Filho, José Eustáquio Ribeiro - 2015

-recognizes learning and innovation in agriculture and its crossover supplier segments with manufacturing. The sections analyze …. It then analyzes the learning implications of two theories - unlimited labor and induced innovation - on economic … models that connect learning and innovation to growth require closer attention and have important developmental consequences …

Persistent link: https://www.econbiz.de/10012057489

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