Showing 1 - 10 of 4,726
This empirical study analyzes the cultural basis of the United States market response to imported Spanish products that seem to violate strongly-held cultural taboos. Survey responses were obtained from students in two contrasting majors, Art and Business, in two distinct cities and...
Persistent link: https://www.econbiz.de/10015192080
We implement a quantitative empirical test of the fiscal theory of the price level (FTPL) model via indirect inference, comparing it to a standard New Keynesian model. The FTPL alternative creates a serious instability problem because it triggers a 'doom loop'in which inflation pushes up...
Persistent link: https://www.econbiz.de/10015193946
Given data on a scalar random variable 𝑌, a prediction set for 𝑌 with miscoverage level 𝛼 is a set of values for 𝑌 that contains a randomly drawn 𝑌 with probability 1 - 𝛼, where 𝛼 ∈ (0, 1). Among all prediction sets that satisfy this coverage property, the oracle...
Persistent link: https://www.econbiz.de/10015193956
-Binnenmarkt schafft Augenhöhe mit den USA und China. Gemeinsam hat die EU eine starke Marktmacht, die eingesetzt werden kann, um …, effektiv zu begegnen. USA: • Die angekündigten Importzölle auf europäische Waren würden die deutsche Automobilindustrie und … andere exportorientierte Sektoren treffen. Bei zusätzlichen Zöllen von 10% würden die deutschen Exporte in die USA …
Persistent link: https://www.econbiz.de/10015202288
compete on equal terms with the USA and China. Together, the EU has strong market power that can be used to counteract trade … in the EU. USA: • Trump's announced import tariffs on European goods would affect the German automotive industry and …-Binnenmarkt schafft Augenhöhe mit den USA und China. Gemeinsam hat die EU eine starke Marktmacht, die eingesetzt werden kann, um …
Persistent link: https://www.econbiz.de/10015202312
This paper investigates how an increase in military expenditures affects an economy. It is written in the context of rising geopolitical tensions that have spurred increased military spending in the United States, Europe, and other economic areas. It draws on a large literature in...
Persistent link: https://www.econbiz.de/10015202319
Persistent link: https://www.econbiz.de/10015206894
This paper offers a narrative description of Western European monetary policies during the 1980s, seen from a French and European perspective and based on the archives of the General Council of the Bank of France and of the Committee of Governors (CoG) of the central banks of the member states...
Persistent link: https://www.econbiz.de/10015206902
During the First World War, the film industry of the major European countries experienced a lasting crisis, which necessitated significant restructuring and prompted appeals for state intervention to counterbalance the invasion of American films. As the extent of this crisis did not affect all...
Persistent link: https://www.econbiz.de/10015206904
Recent (de-)globalization tendencies and rising protectionist measures has created new interest in studying the effects of unilateral and world-wide tariffs. This paper contributes to this issue by taking into account that international transactions in goods and services increasingly take the...
Persistent link: https://www.econbiz.de/10015209902