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Book
A Model-Based Analysis of Spillovers : The Case of Poland and the Euro Area
Authors: --- ---
ISBN: 1498330940 Year: 2014 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the model through an extensive calibration process, and provide a wide range of model properties and evaluation exercises. Simulation results suggest a prominent role of foreign demand shocks (euro area and global) in driving Poland’s output, inflation and interest rate dynamics, particularly in recent years. Our model also has the capability for medium-term conditional forecasting and policy analysis.


Book
Exchange Rates in the New EU Accession Countries : What Have We Learned from the Forerunners?
Authors: --- ---
ISBN: 146238515X 1452751188 1282032003 9786613796738 1451905823 Year: 2005 Publisher: Washington, D.C. : International Monetary Fund,

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Estimation and simulation of sustainable real exchange rates in some of the new EU accession countries point to potential difficulties in sustaining the ERM2 regime if entered too soon and with weak policies. According to the estimates, the Czech, Hungarian, and Polish currencies were overvalued in 2003. Simulations, conditional on large-model macroeconomic projections, suggest that under current policies those currencies would be unlikely to stay within the ERM2 stability corridor during 2004-10. In-sample simulations for Greece, Portugal, and Spain indicate both a much smaller misalignment of national currencies prior to ERM2, and a more stable path of real exchange rates over the medium term than can be expected for the new accession countries.


Book
Jobs on the move : an analytical approach to "relocation" and its impact on employment
Authors: --- --- ---
ISBN: 9789052014487 9052014485 Year: 2008 Volume: 62 Publisher: Brussels: Peter Lang,

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Keywords

Industrial location --- Foreign trade and employment --- Investments, Foreign --- Business relocation --- Labor market --- Contracting out --- AA / International- internationaal --- 332.691 --- 338.45 --- 338.43 --- 338.32 --- Evolutie van de arbeidsmarkt. --- Industriële autarkie. Economisch nationalisme. Verankering van vennootschappen. --- Regionaal beleid. Industriële ontwikkeling en omschakeling van bepaalde regio's. Nieuwe industrieën. --- Vestigingsplaats en specialisatie van de productie. Ondernemingscentra. --- European Union countries --- Investments [Foreign ] --- Industry --- Relocation --- United States --- Capital exports --- Capital imports --- FDI (Foreign direct investment) --- Foreign direct investment --- Foreign investment --- Foreign investments --- International investment --- Offshore investments --- Outward investments --- Capital movements --- Investments --- Business enterprises --- Business location --- Corporations --- Industries --- Industries, Location of --- Location of industries --- Plant location --- Regional planning --- Space in economics --- Employment and foreign trade --- Commerce --- International trade --- Labor supply --- Investments, Foreign, and employment --- Trade adjustment assistance --- Business --- Relocation of business --- Evolutie van de arbeidsmarkt --- Vestigingsplaats en specialisatie van de productie. Ondernemingscentra --- Regionaal beleid. Industriële ontwikkeling en omschakeling van bepaalde regio's. Nieuwe industrieën --- Industriële autarkie. Economisch nationalisme. Verankering van vennootschappen --- Location --- Effect of international trade on --- Removal --- Industrial location - European Union countries --- Foreign trade and employment - European Union countries --- Investments, Foreign - European Union countries --- Business relocation - European Union countries --- Labor market - United States --- Contracting out - United States

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