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Policy attention to the security industry increased substantially after the terrorist attacks in the U.S. on September 11th, 2001. With an increased demand for security, the global security market grew a tenfold to around €100 billion in 2011. Many studies expect that growth of the worldwide...
Persistent link: https://www.econbiz.de/10011799456
of certain high-tech sectors and the growing productivity gap with the US have raised concerns about the ability of the … pro-market approach to help EU companies withstand international competition. Stylised facts show that the EU does not … explores the contribution of different EU policies – competition, trade and research - to the twin goal of providing a …
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This paper discusses a wide range of indicators of the degree of integration of the euro area banking system. It is concerned with volume data, a less developed field of research compared with studies on prices/rates. We first set out a methodological framework, a mixture of elementary and more...
Persistent link: https://www.econbiz.de/10009636523
This paper identifies the empirical stylized features of price setting behaviour in Portugal using the micro-datasets underlying the consumer and the producer price indexes. The main conclusions are the following: 1 in every 4 prices change each month; there is a considerable degree of...
Persistent link: https://www.econbiz.de/10009636702
Based upon a large fraction of the price records used for computing the French CPI, we document consumer price rigidity in France. We first provide a methodological discussion of issues involved in estimating average price duration with micro-data. The average duration of prices in the sectors...
Persistent link: https://www.econbiz.de/10009639438
This paper reports the results of a survey conducted by the Banque de France during Winter 2003-2004 to investigate the price-setting behavior of French manufacturing companies. Prices are found to adjust infrequently; the median firm modifies its price only once a year. Price reviews are more...
Persistent link: https://www.econbiz.de/10009639484
qualitative results are robust to imperfect issuer competition, imperfect acquirer competition, and to other factors affecting …
Persistent link: https://www.econbiz.de/10009640439