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sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange …Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow …
Persistent link: https://www.econbiz.de/10013166669
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …
Persistent link: https://www.econbiz.de/10011499412
Persistent link: https://www.econbiz.de/10011845904
Persistent link: https://www.econbiz.de/10003917891
Similar to many other developing countries Bangladesh, which is the country of my concern, has been pursuing an active exchange rate policy basically to maintain a viable external account position, and competitiveness of its products in world market. The purpose of the study is, therefore, to...
Persistent link: https://www.econbiz.de/10011096529
Purpose – The purpose of this paper is to use disaggregated data on US-UK trade to investigate the effects of exchange rate depreciation on trade in services both in the short- and long-run. Design/methodology/approach – The paper focuses on the three traditional categories of...
Persistent link: https://www.econbiz.de/10010616615
The ongoing floating exchange rate regime in Turkey since 2001 brings about both positive and negative impacts on the economy. Although, foreign exchange market relatively happens to retrieve stability, TL strengthening has detrimental side effects on the current account balance in the Turkish...
Persistent link: https://www.econbiz.de/10009399321
This paper shows that exchange rate depreciation in Serbia improves trade balance in the long run, while giving rise to a J-curve effect in the short run. These results add to the already existent empirical evidence for a diverse set of other economies. Both Johansen’s and autoregressive...
Persistent link: https://www.econbiz.de/10008554119
This paper studies various approaches to the equilibrium real effective exchange rate estimation, including structural … and direct estimation approaches. It shows their strengths and weaknesses with application to the case of Latvia. Despite …
Persistent link: https://www.econbiz.de/10011890484
Germany’s substantial current account surpluses are an ongoing subject of debate, both at the domestic and the European … consumption expenditures of an ageing population. This contribution gauges the profitability of Germany’s foreign wealth. It … greater benefits of a domestic investment offensive aiming to equip Germany for central long-term challenges. …
Persistent link: https://www.econbiz.de/10009727590