Narrow search
Showing 11 - 20 of 348,587
Cover Image
Real convergence, capital flows, and competitiveness in central and Eastern Europe
Belke, Ansgar; Schnabl, Gunter; Zemanek, Holger - 2009
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10003889534
Cover Image
Real convergence, capital flows, and competitiveness in Central and Eastern Europe
Belke, Ansgar; Schnabl, Gunther; Zemanek, Holger - 2009
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10003897541
Cover Image
Do We Really Know that Flexible Exchange Rates Facilitate Current Account Adjustment? Some New Empirical Evidence for CEE Countries
Herrmann, Sabine - 2016
, Gulde and Wolf (2003). Based on a basic autoregression estimation, the results indicate that a more flexible exchange rate …
Persistent link: https://www.econbiz.de/10012991023
Cover Image
Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe
Belke, Ansgar Hubertus - 2009
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013154599
Cover Image
Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe
Belke, Ansgar Hubertus - 2009
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013155099
Cover Image
Determinants of the Euro Real Effective Exchange Rate : A Beer/Peer Approach
Maeso Fernández, Francisco; Osbat, Chiara; Schnatz, Bernd - 2021
This paper presents an empirical analysis of the medium-term determinants of the euro effective exchange rate. The empirical analysis builds on synthetic quarterly data from 1975 to 1998, and derives a Behavioural Equilibrium Exchange Rate (BEER) and a Permanent Equilibrium Exchange Rate (PEER)....
Persistent link: https://www.econbiz.de/10013320272
Cover Image
Real Convergence, Capital Flows, and Competitiveness in Central and Eastern Europe
Belke, Ansgar Hubertus; Schnabl, Gunther; Zemanek, Holger - 2021
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10013316298
Cover Image
Germany versus the United States : monetary Dominance in the Eurozone
Quah, Chee Heong - In: Economies : open access journal 4 (2016) 2, pp. 1-16
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …
Persistent link: https://www.econbiz.de/10011499412
Cover Image
Reverse causality in global current accounts
Schnabl, Gunther; Freitag, Stephan - 2010
Germany as center countries with rising / high current account deficits (US) and surpluses (Germany). These are matched by … analysis extends from 1981-2008, the results for Germany mostly capture the situation before the euro was created. - Global …
Persistent link: https://www.econbiz.de/10003973544
Cover Image
Has Eurozone Converged toward Germany or United States? A View from Optimum Currency Areas Framework
Quah, Chee-Heong - 2011
This study inspects if there is greater convergence with Germany amongst the eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic performance, results …
Persistent link: https://www.econbiz.de/10014184629