Pub Date : 2022-05-01DOI: 10.1007/s10368-022-00541-w
W. Kirsch
{"title":"The distribution of power within the EU: perspectives on a Ukrainian accession and a Turkish accession","authors":"W. Kirsch","doi":"10.1007/s10368-022-00541-w","DOIUrl":"https://doi.org/10.1007/s10368-022-00541-w","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"401 - 409"},"PeriodicalIF":1.7,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43939894","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-05-01DOI: 10.1007/s10368-022-00548-3
K. Borissov, L. Bretschger, A. Minabutdinov
{"title":"The capital tax paradox in a greening economy","authors":"K. Borissov, L. Bretschger, A. Minabutdinov","doi":"10.1007/s10368-022-00548-3","DOIUrl":"https://doi.org/10.1007/s10368-022-00548-3","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"315 - 329"},"PeriodicalIF":1.7,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47992774","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-05-01DOI: 10.1007/s10368-022-00542-9
C. Rühl
{"title":"Energy sanctions and the global economy: mandated vs unilateral sanctions","authors":"C. Rühl","doi":"10.1007/s10368-022-00542-9","DOIUrl":"https://doi.org/10.1007/s10368-022-00542-9","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"383 - 399"},"PeriodicalIF":1.7,"publicationDate":"2022-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44069873","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-02DOI: 10.1007/s10368-022-00529-6
Blanca Jiménez-García, Julio Rodríguez
{"title":"A time series approach to study the dynamic effects of bilateral trade agreements","authors":"Blanca Jiménez-García, Julio Rodríguez","doi":"10.1007/s10368-022-00529-6","DOIUrl":"https://doi.org/10.1007/s10368-022-00529-6","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"615 - 643"},"PeriodicalIF":1.7,"publicationDate":"2022-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"51986794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1007/s10368-022-00528-7
Samuel Kwesi Dunyo
{"title":"Environmental policy and convexity of climate change damage functions: an experiment with New Keynesian DSGE model","authors":"Samuel Kwesi Dunyo","doi":"10.1007/s10368-022-00528-7","DOIUrl":"https://doi.org/10.1007/s10368-022-00528-7","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"581 - 614"},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43149273","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-01DOI: 10.1007/s10368-022-00531-y
Karl Whelan
{"title":"The past, present and future of euro area monetary-fiscal interactions","authors":"Karl Whelan","doi":"10.1007/s10368-022-00531-y","DOIUrl":"https://doi.org/10.1007/s10368-022-00531-y","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"557 - 579"},"PeriodicalIF":1.7,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43045944","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-02DOI: 10.1007/s10368-022-00530-z
Andrew Feltenstein, J. Martínez-Vázquez, B. Datta, Sohani Fatehin
{"title":"A general equilibrium model of Value Added Tax evasion: an application to Pakistan","authors":"Andrew Feltenstein, J. Martínez-Vázquez, B. Datta, Sohani Fatehin","doi":"10.1007/s10368-022-00530-z","DOIUrl":"https://doi.org/10.1007/s10368-022-00530-z","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"537 - 556"},"PeriodicalIF":1.7,"publicationDate":"2022-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45873581","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-21DOI: 10.1007/s10368-021-00527-0
Ivan Hajdukovic
{"title":"Transmission mechanisms of conventional and unconventional monetary policies in open economies","authors":"Ivan Hajdukovic","doi":"10.1007/s10368-021-00527-0","DOIUrl":"https://doi.org/10.1007/s10368-021-00527-0","url":null,"abstract":"","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"491 - 536"},"PeriodicalIF":1.7,"publicationDate":"2022-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42529016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01Epub Date: 2022-01-22DOI: 10.1007/s10368-021-00526-1
Pierre L Siklos
I revisit the 1918-20 pandemic and ask whether it led to a reversal in the rise of trade and financial globalization that preceded it. Using annual data for 17 countries for the 1870-1928 period, a variety of tests and techniques are used to draw some robust conclusions. Overall, the pandemic a century ago interrupted, but did not put an end, to the first globalization of the twentieth century. However, two blocs consisting of combatant and non-combatant countries, experienced significantly different consequences. Globalization was sharply curtailed for the combatant countries while there were few, if any, consequences for globalization in the non-combatant group of countries. That said, there was considerable resilience especially in trade openness among several of the combatant economies. Perhaps changes in the make-up of economic blocs, post-pandemic, is a fallout from shocks of this kind. While there are lessons for the ongoing COVID pandemics differences between the 1920s and today also play a role.
Supplementary information: The online version contains supplementary material available at 10.1007/s10368-021-00526-1.
{"title":"Did the great influenza of 1918-1920 trigger a reversal of the first era of globalization?","authors":"Pierre L Siklos","doi":"10.1007/s10368-021-00526-1","DOIUrl":"10.1007/s10368-021-00526-1","url":null,"abstract":"<p><p>I revisit the 1918-20 pandemic and ask whether it led to a reversal in the rise of trade and financial globalization that preceded it. Using annual data for 17 countries for the 1870-1928 period, a variety of tests and techniques are used to draw some robust conclusions. Overall, the pandemic a century ago interrupted, but did not put an end, to the first globalization of the twentieth century. However, two blocs consisting of combatant and non-combatant countries, experienced significantly different consequences. Globalization was sharply curtailed for the combatant countries while there were few, if any, consequences for globalization in the non-combatant group of countries. That said, there was considerable resilience especially in trade openness among several of the combatant economies. Perhaps changes in the make-up of economic blocs, post-pandemic, is a fallout from shocks of this kind. While there are lessons for the ongoing COVID pandemics differences between the 1920s and today also play a role.</p><p><strong>Supplementary information: </strong>The online version contains supplementary material available at 10.1007/s10368-021-00526-1.</p>","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 3","pages":"459-490"},"PeriodicalIF":1.5,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8782715/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144235417","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01Epub Date: 2022-09-01DOI: 10.1007/s10368-022-00547-4
Joscha Beckmann, Klaus-Jürgen Gern, Nils Jannsen
Negative interest rate policies (NIRP) have become an established monetary policy instrument in the toolkit of the ECB. We discuss NIRP in the euro area based on theoretical considerations and available empirical evidence. We find that NIRP had some positive impact on loan growth and investment in the euro area, but that the room to further loosen monetary policy via NIRP may be small. NIRP is discussed also in the context of the general monetary policy environment.
{"title":"Should they stay or should they go? Negative interest rate policies under review.","authors":"Joscha Beckmann, Klaus-Jürgen Gern, Nils Jannsen","doi":"10.1007/s10368-022-00547-4","DOIUrl":"10.1007/s10368-022-00547-4","url":null,"abstract":"<p><p>Negative interest rate policies (NIRP) have become an established monetary policy instrument in the toolkit of the ECB. We discuss NIRP in the euro area based on theoretical considerations and available empirical evidence. We find that NIRP had some positive impact on loan growth and investment in the euro area, but that the room to further loosen monetary policy via NIRP may be small. NIRP is discussed also in the context of the general monetary policy environment.</p>","PeriodicalId":42639,"journal":{"name":"INTERNATIONAL ECONOMICS AND ECONOMIC POLICY","volume":"19 1","pages":"885-912"},"PeriodicalIF":1.5,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9435422/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47980878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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