Search Results

You are looking at 1 - 10 of 10 items :

  • Keyword: union x
  • IMF Working Papers x
Clear All Modify Search
Fiscal Devaluation in a Monetary Union

Fiscal Devaluation in a Monetary Union »

Source: Fiscal Devaluation in a Monetary Union

Volume/Issue: 2014/201

Series: IMF Working Papers

Author(s): Philipp Engler , Giovanni Ganelli , Juha Tervala , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2014

ISBN: 9781484312131

Keywords: currency union, devaluation, consumption, gdp, exchange, trade balance, Open Economy Macroeconomics,

Using a DSGE model calibrated to the euro area, we analyze the international effects of a fiscal devaluation (FD) implemented as a revenue-neutral shift from employer's social contributions to the Value Added Tax....

Trade Effects of Currency Unions

Trade Effects of Currency Unions »

Source: Trade Effects of Currency Unions : Do Economic Dissimilarities Matter?

Volume/Issue: 2008/249

Series: IMF Working Papers

Author(s): Giorgia Albertin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

ISBN: 9781451871074

Keywords: Currency Union, Enlargement, Economic Dissimilarities, Intra-industry Trade, bilateral trade, trade costs, member country, trade effects, patterns of trade,

This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investi...

Measuring the Trade Effects of EMU

Measuring the Trade Effects of EMU »

Source: Measuring the Trade Effects of EMU

Volume/Issue: 2004/154

Series: IMF Working Papers

Author(s): Hamid Faruqee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451857269

Keywords: gravity model, trade gains, monetary union, area trade, cointegration, trade effects, International Monetary Arrangements and Institutions, International Lending and Debt Problems,

This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro's arrival on a...

Measuring Competitiveness

Measuring Competitiveness »

Source: Measuring Competitiveness

Volume/Issue: 2006/209

Series: IMF Working Papers

Author(s): J. Peter Neary

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

ISBN: 9781451864694

Keywords: Competitiveness, economic theory of index numbers, European Monetary Union (EMU), real effective exchange rates (REERs), exchange rates, exchange rate, effective exchange rates, nominal exchange rate, Macroeconomic Aspects of International Trade and Finance: General,

This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark...

Financial Factors

Financial Factors »

Source: Financial Factors : Implications for Output Gaps

Volume/Issue: 2015/153

Series: IMF Working Papers

Author(s): Pau Rabanal , and Marzie Taheri Sanjani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

ISBN: 9781513512860

Keywords: Monetary Union, Output Gap, Financial Frictions, Bayesian Estimation, potential output, credit, costs, monetary policy, Model Construction and Estimation, Monetary Policy (Targets

We suggest a new approach for analyzing the role of financial variables and shocks in computing the output gap. We estimate a two-region DSGE model for the euro area, with financial frictions at the household level...

Fiscal Devaluation in a Monetary Union

Fiscal Devaluation in a Monetary Union »

Volume/Issue: 2014/201

Series: IMF Working Papers

Author(s): Philipp Engler , Giovanni Ganelli , Juha Tervala , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2014

DOI: http://dx.doi.org/10.5089/9781484312131.001

ISBN: 9781484312131

Keywords: currency union, devaluation, consumption, gdp, exchange, trade balance, Open Economy Macroeconomics,

Using a DSGE model calibrated to the euro area, we analyze the international effects of a fiscal devaluation (FD) implemented as a revenue-neutral shift from employer's social contributions to the Value Added Tax....

Trade Effects of Currency Unions
			: Do Economic Dissimilarities Matter?

Trade Effects of Currency Unions : Do Economic Dissimilarities Matter? »

Volume/Issue: 2008/249

Series: IMF Working Papers

Author(s): Giorgia Albertin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

DOI: http://dx.doi.org/10.5089/9781451871074.001

ISBN: 9781451871074

Keywords: Currency Union, Enlargement, Economic Dissimilarities, Intra-industry Trade, bilateral trade, trade costs, member country, trade effects, patterns of trade,

This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investi...

Measuring the Trade Effects of EMU

Measuring the Trade Effects of EMU »

Volume/Issue: 2004/154

Series: IMF Working Papers

Author(s): Hamid Faruqee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

DOI: http://dx.doi.org/10.5089/9781451857269.001

ISBN: 9781451857269

Keywords: gravity model, trade gains, monetary union, area trade, cointegration, trade effects, International Monetary Arrangements and Institutions, International Lending and Debt Problems,

This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel data for 22 industrial countries, the analysis estimates the effect of the euro's arrival on a...

Measuring Competitiveness

Measuring Competitiveness »

Volume/Issue: 2006/209

Series: IMF Working Papers

Author(s): J. Peter Neary

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

DOI: http://dx.doi.org/10.5089/9781451864694.001

ISBN: 9781451864694

Keywords: Competitiveness, economic theory of index numbers, European Monetary Union (EMU), real effective exchange rates (REERs), exchange rates, exchange rate, effective exchange rates, nominal exchange rate, Macroeconomic Aspects of International Trade and Finance: General,

This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark...

Financial Factors
			: Implications for Output Gaps

Financial Factors : Implications for Output Gaps »

Volume/Issue: 2015/153

Series: IMF Working Papers

Author(s): Pau Rabanal , and Marzie Taheri Sanjani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 July 2015

DOI: http://dx.doi.org/10.5089/9781513512860.001

ISBN: 9781513512860

Keywords: Monetary Union, Output Gap, Financial Frictions, Bayesian Estimation, potential output, credit, costs, monetary policy, Model Construction and Estimation, Monetary Policy (Targets

We suggest a new approach for analyzing the role of financial variables and shocks in computing the output gap. We estimate a two-region DSGE model for the euro area, with financial frictions at the household level...