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This study analyzes the exchange rate pass-through into German import prices based on disaggregated data taken on a monthly basis between 1995 and 2012. Our main contribution is twofold: firstly, we employ various time-series techniques to analyze data for different product categories, and also...
Persistent link: https://www.econbiz.de/10010341125
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010341027
On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...
Persistent link: https://www.econbiz.de/10011706561
-time destruction as such a temporary shock. In this paper we revisit this debate and use the cities that were part of pre-war Germany …
Persistent link: https://www.econbiz.de/10010480548
Earlier work established the notion that international terrorism harms international trade. This evidence was based on annual data with responses in the same year as attacks and incidents and on empirical models which ignored general equilibrium effects. We provide evidence that, if at all,...
Persistent link: https://www.econbiz.de/10010480595
-sectoral linkages that gives rise to a gravity equation for value added trade flows. As in Koopman et al. (forthcoming), exports can be … decomposed into value added exports, exports of foreign value added and double counting. We construct a panel database of value …-accession levels. We find that China's WTO entry strengthend the Asian production network. Chinese value added in exports reduced and …
Persistent link: https://www.econbiz.de/10010485295
We use Spanish firm-level data to test the hold-up model of global sourcing proposed by Antr s & Helpman (2004). We propose a novel representation of the model which guides us in bringing the theory to the data. We estimate a discrete choice model of firms' sourcing behavior, separately for the...
Persistent link: https://www.econbiz.de/10010336794
exports. While economic integration increases the length of trade relationships which started prior to the agreement, it …
Persistent link: https://www.econbiz.de/10010338951
Persistent link: https://www.econbiz.de/10000075752
Persistent link: https://www.econbiz.de/10003829181