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...

Traditional trade models ignoring the dimension of product quality generally lead to excessively low trade price elasticities. In this paper, we show that higher estimated trade price elasticities, more in conformity with theory, can be obtained by controlling product quality in trade equations....

Recent geography and trade empirical studies based on monopolistic competition [Hanson, 1998 ; Head and Ries, 1999 ; Hummels, 1999], suggest high levels of trade price elasticities (between 3 and11). However, direct estimations of price-elasticities in trade equations, using price indexes at...

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...

[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...

[fre] Degré de flexibilité des marchés du travail, ajustement à des chocs asymétriques et union monétaire européenne . par Hélène Erkel-Rousse . Selon Mundell (1961), l'ajustement de régions en union monétaire ne pose pas de problème majeur si les chocs qu'elles subissent sont...

[eng] Owing to conceptual differences between trade data sources and to statistical problems relating in particular to the Intrastat system for declaring intra-EC trade flows, the level and performance of the euro-zone trade balance are known only with a margin of uncertainty. The first two...