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Baldwin Richard
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2000 - 2009
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Kiribati
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Polish
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Europa
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Zawiera: 1. Introduction; 2. Literature Review: 2.1. The Rose vine: review of the pre-Euro literature; 2.2. Empirical findings on the euro area; 2.3. Did the Euro affect trade pricing?; 3. Is the Euro Area Rose Effect a Spurious Result?: 3.1. Lies, damned lies and statistics: VAT fraud; 3.2. The Rotterdam effect; 3.3. PECS: woes with ROOs; 3.4. Euro depreciation and appreciation; 3.5. Delayed Single Market effects; 3.6. Bottom line; 4. What Caused the Euro Area Rose Effect?: 4.1. Collection of clues; 4.2. Microeconomic changes that could produce a Rose effect; 5. Testing the New-Goods Hypothesis: 5.1. First look at the data; 5.2. Statistical estimates; 6. Summary and Policy Implications: 6.1. Implications for nations thinking of joining the euro area; 6.2. Implications for the ECB and euro area members: not a silver bullet; 6.3. Concluding remarks; Appendix A: Summary of the most relevant pricing studies; Appendix B: GDP estimates from the regressions.
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Wypożyczalnia
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