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...