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Inflation Differentials In A Currency Union A Dsge Perspective


Inflation Differentials In A Currency Union A Dsge Perspective
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Inflation Differentials In A Currency Union A Dsge Perspective


Inflation Differentials In A Currency Union A Dsge Perspective
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Author :
language : en
Publisher: "la Caixa"
Release Date :

Inflation Differentials In A Currency Union A Dsge Perspective written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Inflation Differentials In A Currency Union


Inflation Differentials In A Currency Union
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Author : Pau Rabanal
language : en
Publisher:
Release Date : 2007

Inflation Differentials In A Currency Union written by Pau Rabanal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.


Cross country studies of inflation differentials, in particular in the EMU, have focused on three explanations: (i) the role of tradable and nontradable sector technology shocks and the Balassa-Samuelson effect, (ii) the role of the demand-side effects, and (iii) heterogeneity of inflationary processes inside the EMU. This paper estimates a two country, two sector Dynamic Stochastic General Equilibrium (DSGE) model with nominal rigidities in a currency union using data for Spain and the euro area, to understand the role of each feature in shaping inflation differentials. The paper finds that tradable sector technology shocks are the most important source of inflation differentials, while nontradable sector technology shocks help explain nontradable inflation only, and demand shocks help explain a fraction of output growth, but not of inflation dispersion. In addition, the estimated model finds evidence against inflation dynamics being different in Spain and in the rest of the euro area.



La Caixa Economic Papers


 La Caixa Economic Papers
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language : en
Publisher: "la Caixa"
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La Caixa Economic Papers written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Na


Na
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language : en
Publisher: "la Caixa"
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Na written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Cuanto Cuesta Ir Al Trabajo El Coste En Tiempo Y En Dinero


Cuanto Cuesta Ir Al Trabajo El Coste En Tiempo Y En Dinero
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Author :
language : es
Publisher: "la Caixa"
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Cuanto Cuesta Ir Al Trabajo El Coste En Tiempo Y En Dinero written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Documents De Economia La Caixa


Documents De Economia La Caixa
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language : es
Publisher: "la Caixa"
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Documents De Economia La Caixa written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Documents D Ecoomia La Caixa


Documents D Ecoomia La Caixa
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language : ca
Publisher: "la Caixa"
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Documents D Ecoomia La Caixa written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




The Economics Of Monetary Unions


The Economics Of Monetary Unions
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Author : Juan E. Castañeda
language : en
Publisher: Routledge
Release Date : 2020-03-16

The Economics Of Monetary Unions written by Juan E. Castañeda and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-16 with Business & Economics categories.


In this book, a historical analysis of the precedents of the euro is examined within the context of the current issues affecting the Eurozone and the long-term effects of the institutional changes implemented since 2010. The book begins by placing the Eurozone challenges in the historical context of previous monetary unions, drawing on the experience of the gold standard. It then specifically focuses on the problems arising from the running of permanent trade imbalances within the Eurozone. The authors explore the advantages and disadvantages of being a member of the Eurozone and attempt to measure the optimality of a currency area by the calculation of an index on internal macroeconomic asymmetries. They address the proposals recently made in favour of a fiscal union in the Euro zone; including the economic and political feasibility of fiscal transfers in the Eurozone. The final two papers discuss whether the monetary union is in fact more than just that, and whether it will lead inevitably to some form of political union if it is to survive. With chapters by leading experts from both Europe and the UK, this book will appeal to students in Economics, Finance, Politics, EU integration and European studies; as well as academics and professional economists doing research in EU integration, the Euro zone, monetary history and monetary and banking unions in Europe, the UK and elsewhere.



La Caixa


La Caixa
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language : en
Publisher: "la Caixa"
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La Caixa written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Documents D Economia La Caixa


Documents D Economia La Caixa
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Author :
language : ca
Publisher: "la Caixa"
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Documents D Economia La Caixa written by and has been published by "la Caixa" this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.