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analyzed in combination with the situation in the rest of the euro area. To take this into account, a small macroeconometric … model is constructed that models the euro area as consisting of two regions, Germany and the rest of the euro area. The rest … monetary policy or of exchange rate changes on economic activity in Germany and the euro area. …
Persistent link: https://www.econbiz.de/10010265489
Globalization has affected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
Persistent link: https://www.econbiz.de/10010260529
The prospects for labour supply in Europe are considered. The analysis begins with a so-called labour market balance …
Persistent link: https://www.econbiz.de/10010260460
these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between … private equity investors acting in a single national market by analysing micro data on French and German private equity … venture capital market. However, in Europe, private equity investments in enterprises' early and expansion stages as well as …
Persistent link: https://www.econbiz.de/10010260558
Persistent link: https://www.econbiz.de/10010261458
Persistent link: https://www.econbiz.de/10010261683
Despite the single currency, yields on government bonds in the Euro Area deviate from German bond yields. These bond … the Euro area at least between 2003 and the take-off of the financial crisis. During the financial crisis default risks or …
Persistent link: https://www.econbiz.de/10010265252
Developing Countries have been particularly worried by the single-market-program since the EC absorbs more than a third … market. With the exception of agricultural economies specialized on specific products, the net welfare effect of EC-1992 will …
Persistent link: https://www.econbiz.de/10010265299
Pending EU widening to the East has revived concerns in Lalin America that Europe may become more inward-looking. However, booming trade and foreign direct investment (FDI) relations between current EU members and Central and Eastern European countries (CEECs) are unlikely to harm I^itin...
Persistent link: https://www.econbiz.de/10010265342
Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....
Persistent link: https://www.econbiz.de/10010265368