Showing 1 - 10 of 1,200
Persistent link: https://www.econbiz.de/10001546743
Persistent link: https://www.econbiz.de/10009229458
How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to the effect of currency unions on international trade. While we...
Persistent link: https://www.econbiz.de/10011867116
The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …
Persistent link: https://www.econbiz.de/10012265943
Do exchange rate regimes affect the conditions under which developed countries borrow? This paper argues that they do, but their impact on yields depends on the prevailing macroeconomic context. When investors regard inflation as the most relevant risk to bond holdings, monetary union has a...
Persistent link: https://www.econbiz.de/10013399873
Persistent link: https://www.econbiz.de/10000647227
Persistent link: https://www.econbiz.de/10000967322
Persistent link: https://www.econbiz.de/10000992801
Persistent link: https://www.econbiz.de/10000993794
Persistent link: https://www.econbiz.de/10000997949