Recent economic geography and trade empirical studies based on monopolistic competition suggest high levels of trade price elasticities (between 3 and 11). However, price elasticity estimations in trade equations using unit values as price proxies usually lead to lower values of around unity. We...

Short-term forecasting methods joint issue with Économie et PrévisionThis issue is a special issue in two respects. First, all contributions deal with shortterm forecasting methods. Second and above all, this special issue results from an original and fruitful collaboration between two...

[eng] A New Empirical Evaluation of the Costs of European Monetary Union by Hélène Erkel-Rousse and Jacques Mélitz . This paper presents an evaluation of the costs of European Monetary Union (EMU) using the structural VAR approach. This approach is based on a model identifying structural...

[fre] Degré de flexibilité des marchés du travail, ajustement à des chocs asymétriques et union monétaire européenne . par Hélène Erkel-Rousse . Selon Mundell (1961), l'ajustement de régions en union monétaire ne pose pas de problème majeur si les chocs qu'elles subissent sont...

[eng] Owing to conceptual differences between trade data sources and to statistical problems relating in particular to the Intrastat system for declaring intra-EC trade flows, the level and performance of the euro-zone trade balance are known only with a margin of uncertainty. The first two...

[eng] The primary aim of this paper is to quantify the respective roles of quality and price competitiveness in the trade performance of twelve OECD countries in the first half of the 1990s. The method used combines analysis of unit values of trade, market shares and relative sizes of the...

We present a trade model in which producer differentiation strategies are endogenous. Firms can influence the brand image of their products through a trade-off between cost and product quality. Comparative advantage depends on both variable costs and the ratio of perceived product quality to...

[spa] Las vías de la recuperación en el Este de Alemania - Prever las consecuencias económicas a mediano plazo de la unificación alemana es un ejercicio difïcil. En este articulo se privilegia una causa determinante del retraso en el Este de Alemania : la insuficiencia del capital...