Showing 1 - 10 of 57
Länder beeinflusst die Preiskonvergenz auf zweierlei Weise. Zum einen erhöht sich in der EU insgesamt der Druck auf die …
Persistent link: https://www.econbiz.de/10011601754
In this paper we investigate the effects of EU enlargement on price convergence. The internal market is expected to boost integration and increase efficiency and welfare through a convergence of prices in product markets. Two principal drivers are crucial to explain price developments. On the...
Persistent link: https://www.econbiz.de/10010326597
We analyze producer price developments in the transition from a national exchange rate regime to a monetary union. The focus is on the European Economic and Monetary Union (EMU). Stylized facts witness about an exploding gaps in producer-price inflation during the years immediately following the...
Persistent link: https://www.econbiz.de/10010320173
This paper examines the link between imported technologies and a country's export performance, as measured by product … by the degree of involvement of European companies in export flows from our sample countries (Outward Processing Trade …) and by the skill content of the machines imported. Keywords: Technology imports, export performance, regional integration …
Persistent link: https://www.econbiz.de/10011608618
productivity and export success in European manufacturing industries and firm size classes. The empirical estimates are based on … productivity. When export success is considered, all countries have to rely on an innovation-based model of competitiveness. …
Persistent link: https://www.econbiz.de/10010273127
This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...
Persistent link: https://www.econbiz.de/10010262519
This paper studies the causes of price dispersion in the euro area emerging in response to a shock that hits all member countries symmetrically. We use a panel VAR model which is estimated over the period 1996 - 2007 to generate impulse responses of a range of price and wage variables to an oil...
Persistent link: https://www.econbiz.de/10010271958
Persistent link: https://www.econbiz.de/10011438766
The paper discusses the issue of estimating short- and long-run exchange rate pass-through to import prices in euro area countries and reviews some problems with the measures recently proposed in the literature. Theoretical considerations suggest a cointegrating relationship (between import unit...
Persistent link: https://www.econbiz.de/10010295304
This paper presents an empirical analysis of transmission rates from exchange rate movements to import prices, across countries and product categories, in the euro area over the last fifteen years. Our results show that the transmission of exchange rate changes to import prices in the short run...
Persistent link: https://www.econbiz.de/10010283307