Capoën, Fabrice (contributor); Creel, Jérôme (contributor) - 2007
recent appreciation with painful structural
reforms, e.g. in Germany.
In this paper, we argue that, at least, part of the … shock on
EU countries (see table 4). In the following, we will hence focus on a supply shock in the
USA and on a demand … competitiveness in Europe triggered a restrictive monetary policy and
an upswing in the Euro ER; meanwhile, IT diffusion in the EU …