Author/Editor: Christiane Nickel, Katja Funke.

Release Date:June, 2006

This paper analyzes the empirical relationship between fiscal policy and the trade account. Research prior to this paper did not consider that the components of private and public demand in the more...

Author/Editor: Michael Frenkel, Christiane Nickel.

Release Date:December, 2002

In this paper, we use a structural vector autoregression model to identify and compare demand and supply shocks between euro area countries and central and eastern European countries (CEECs). The more...

Author/Editor: Christiane Nickel, Günter Schmidt, Georg Stadtmann, Michael Frenkel.

Release Date:November, 2001

This paper extends the Dornbusch model of overshooting exchange rates to discuss both exchange rate and output effects of capital controls that involve additional costs for international asset more...