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Browsing Department of Economics (ECO) by Author "STÖLTING, Sarah"
Now showing items 1-4 of 4
Title:Three Essays on International Trade
Author(s):STÖLTING, SarahDate:2010Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:The three chapters included in this thesis all touch upon very different aspects of the disciplines of international trade and economics. The first chapter shows that trade liberalization can lead to a permanent increase ...
Title:Is the New Keynesian Phillips Curve Flat?
Author(s):STÖLTING, Sarah; KUESTER, Keith; MÜLLER, Gernot J.Date:2009Type of Publication:ArticleAbstract:This paper provides Monte Carlo evidence that GMM estimates of the New Keynesian Phillips curve are biased towards finding too much price rigidity if cost-push shocks are auto-correlated. This result may reconcile GMM ...
Title:International Trade and Growth: The Impact of Selection and Imitation
Author(s):STÖLTING, SarahDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper develops an endogenous growth model with heterogeneous firms to analyze
the impact of intra-industry trade on productivity growth. Growth is generated by selection,
and sustained by entrants imitating successful ...
Title:Is the New Keynesian Phillips Curve Flat?
Author(s):STÖLTING, Sarah; KUESTER, Keith; MÜLLER, Gernot J.Date:2007Type of Publication:Working PaperSeries/Report no.:ECB Working PaperAbstract:Macroeconomic data suggest that the New Keynesian Phillips curve is quite flat - despite microeconomic evidence implying frequent price adjustments. While real rigidities may help to account for the conflicting evidence, ...