Title:Exchange Rate Volatility and Export Performance: A cointegrated VAR approach
Author(s):BOUG, Pål; FAGERENG, AndreasDate:2010-01-01Type of Publication:ArticleAbstract:During the last decades Norwegian exporters have-despite various forms of exchange rate targeting-faced a rather volatile exchange rate which may have influenced their behaviour. Recently, the shift to inflation targeting ...
Title:Exchange Rates and Fundamentals: Co-movement, long-run relationships and short-run dynamics
Author(s):BEKIROS, Stelios D.Date:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The present study builds upon the seminal work of Engel and West [2005, Journal of Political Economy 113, 485-517] and in particular on the relationship between exchange rates and fundamentals. The paper discusses the ...
Title:Exchange Rates and Oligopoly
Author(s):HENS, Thorsten; KIRMAN, Alan; PHLIPS, LouisDate:1991Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Exchange Rates and Oligopoly
Author(s):HENS, Thorsten; JAGER, Eckart; KIRMAN, Alan; PHLIPS, LouisDate:1999Type of Publication:ArticleAbstract:The purpose of this paper is to explain empirical observations concerning the impact of exchange rate changes on industrial prices. As exchange rates change the pass-through into industrial prices is often incomplete and ...
Title:Exchange-Rate Pass-Through and Market Structure
Author(s):KIRMAN, Alan; PHLIPS, LouisDate:1996Type of Publication:ArticleAbstract:We consider a situation in which n firms located in market l and m firms located in market 2 each sell a commodity which is homogeneous within each market but may differ between markets. All firms sell on both markets. ...
Title:Exclusionary Pricing and Rebates When Scale Matters
Author(s):KARLINGER, Liliane; MOTTA, MassimoDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We consider an incumbent firm and a more effcient entrant, both
offering a network good to several asymmetric buyers. The incumbent
disposes of an installed base, while the entrant has a network of size zero
at the ...
Title:Exclusive Dealing and Entry, when Buyers Compete
Author(s):FUMAGALLI, Chiara; MOTTA, MassimoDate:2006Type of Publication:ArticleAbstract:Rasmusen et al. (1991) and Segal and Whinston (2000) show that an incumbent monopolist might prevent entry of a more efficient competitor by exploiting externalities among buyers. We show that their results hold only when ...
Title:Exclusive Dealing, Entry and Mergers
Author(s):MOTTA, Massimo; FUMAGALLI, Chiara; PERSSON, LarsDate:2005Type of Publication:Working PaperSeries/Report no.:CEPR discussion papers
Title:Exit from a Monetary Union through Euroization: Discipline without chaos
Author(s):COOPER, RussellDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper studies the role of exit from a monetary union during a debt crisis. A monetary union, such as the European Monetary Union, needs to establish a procedure for exit as a tool to cope with debt default. The paper ...
Title:Exogeneity, Cointegration, and Economic Policy Analysis
Author(s):ERICSSON, Neil R.; HENDRY, David F.; MIZON, Grayham E.Date:1998Type of Publication:ArticleAbstract:This overview examines conditions for reliable economic policy analysis based on econometric models, focusing on the econometric concepts of exogeneity, cointegration, causality, and invariance. Weak, strong, and super ...
Title:Experimental Evidence on the Irreversibility Effect
Author(s):RAUCHS, Alexandra; WILLINGER, MarcDate:1996Type of Publication:ArticleAbstract:This paper presents the results of an experimental investigation on how increased expected information affects subjects' choices. We show that Claude Henry's (1974) result (the ''Irreversibility Effect'') is strongly ...
Title:Experiments on Sequential Decision-Making: the ''Irreversibility Effect''
Author(s):RAUCHS, Alexandra; WILLINGER, MarcDate:1996Type of Publication:ArticleAbstract:The Irreversibility Effect (IE) predicts that an expected utility maximizer who expects to obtain additional information before his future choices, will choose a ''more flexible'' (or ''less irreversible'') position in the ...