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Inflexibilities and Trade Imbalances: Evidence from Europe

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  • Nitsch, Volker
  • Berger, Helge

Abstract

This unique and fascinating book illustrates that the ‘credit crunch’ and the ensuing financial and economic crisis of 2007–2009 did not only strike hard at the economy in the Western world, but also at its policymakers, at economics as a scientific discipline and, more specifically, at the process of European integration itself.
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Suggested Citation

  • Nitsch, Volker & Berger, Helge, 2011. "Inflexibilities and Trade Imbalances: Evidence from Europe," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 55741, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
  • Handle: RePEc:dar:wpaper:55741
    Note: for complete metadata visit http://tubiblio.ulb.tu-darmstadt.de/55741/
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    1. Berger, Helge & Nitsch, Volker, 2008. "Zooming out: The trade effect of the euro in historical perspective," Journal of International Money and Finance, Elsevier, vol. 27(8), pages 1244-1260, December.
    2. Olivier Blanchard, 2007. "Current Account Deficits in Rich Countries," IMF Staff Papers, Palgrave Macmillan, vol. 54(2), pages 191-219, June.
    3. Andrew K. Rose, 2000. "One money, one market: the effect of common currencies on trade," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 15(30), pages 08-45.
    4. Olivier Blanchard, 2007. "Current Account Deficits in Rich Countries," IMF Staff Papers, Palgrave Macmillan, vol. 54(2), pages 191-219, June.
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    Cited by:

    1. Rolf J. Langhammer & Felix Mihram & Nikolaus Wolf & Volker Nitsch, 2010. "Imbalances in foreign trade: How can trade imbalances be reduced?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(24), pages 03-13, December.

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