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The Political Economy Under Monetary Union : Has the Euro Made a Difference?
Fratzscher, Marcel; Stracca, Livio - 2021
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much … political economy channel of EMU as the monetary union implies that member states had to transfer or at least curtail their … impact of political shocks on the domestic economy of member states but magnified the transmission of political shocks within …
Persistent link: https://www.econbiz.de/10013316460
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Global Growth on Life Support? The Contributions of Fiscal and Monetary Policy Since the Global Financial Crisis
Baumann, Ursel - 2019
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies. Using a model with a hierarchical structure we capture the variability of GDP response to policy shocks both between and within the groups of advanced and emerging countries. Our results provide...
Persistent link: https://www.econbiz.de/10012890779
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Using survey data to assess the distributional effects of trade policy
Porto, Guido G. - In: Journal of international economics 70 (2006) 1, pp. 140-160
Persistent link: https://www.econbiz.de/10003370734
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Trade policy uncertainty and innovation : firm level evidence from China's WTO accession
Liu, Qing; Ma, Hong - In: Journal of international economics 127 (2020), pp. 1-20
Persistent link: https://www.econbiz.de/10012631692
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Brexit and the macroeconomic impact of trade policy uncertainty
Steinberg, Joseph B. - In: Journal of international economics 117 (2019), pp. 175-195
Persistent link: https://www.econbiz.de/10012295855
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China's “Great Migration” : the impact of the reduction in trade policy uncertainty
Facchini, Giovanni; Liu, Maggie Y.; Mayda, Anna Maria; … - In: Journal of international economics 120 (2019), pp. 126-144
Persistent link: https://www.econbiz.de/10012296532
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Investment responses to trade liberalization : evidence from U.S. industries and establishments
Pierce, Justin R.; Schott, Peter K. - In: Journal of international economics 115 (2018), pp. 203-222
Persistent link: https://www.econbiz.de/10012038095
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Anxiety or pain? : the impact of tariffs and uncertainty on Chinese firms in the trade war
Benguria, Felipe; Choi, Jaerim; Swenson, Deborah; Xu, … - In: Journal of international economics 137 (2022), pp. 1-40
Persistent link: https://www.econbiz.de/10013439993
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The Macroeconomic Impact of Euro Area Labour Market Reforms : Evidence from a Narrative Panel VAR
Rünstler, Gerhard - 2021
Using new quarterly narrative evidence, this paper examines the macroeconomic impact of reforms of unemployment benefits (UB) and employment protection legislation (EPL) in the euro area from a Bayesian narrative panel VAR. The approach complements existing micro-econometric evidence by aligning...
Persistent link: https://www.econbiz.de/10013210534
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Fiscal Policy Shocks in the Euro Area and the US : An Empirical Assessment
Burriel, Pablo - 2009
We analyse the impact of fiscal policy shocks in the euro area as a whole, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. To allow for comparability with previous results on euro area countries and the US, we use a standard structural VAR framework, and...
Persistent link: https://www.econbiz.de/10013153261