ListarDepartament: Economia por tema "panel cointegration"
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Differences in wage determination in the Eurozone: A challenge to the resilience of the common currency
Elsevier (2019-11-22)Different developments in wages and unit labor costs across countries can reduce the synchronization of business cycles within a currency area and therefore be a potential source of asymmetric shocks and/or asymmetric ... -
EMU and Trade Revisited: Long-Run Evidence Using Gravity Equations
Wiley (2013-09)In this paper, we present evidence of the long-run effect of the euro on trade for the twelve initial EMU countries for the period 1967–2008 from a double perspective. First, we pool all the bilateral combinations of trade ... -
Trade Openness and Income: A Tale of Two Regions
John Wiley & Sons Ltd (2015-08-18)In this article we present evidence of the long-run effect of trade openness on income per worker for two regions that have followed different liberalization strategies, namely Asia and Latin America. A model that ...