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The impact of the introduction of the Euro on firms' expectations

An empirical assessment of the German business-related services sector

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Intereconomics

Abstract

Firms' expectations regarding their ability to enter new markets and to develop new products, and concerning the foreign competition they will face in future, are strongly affected by the introduction of the euro. The following article analyzes these expectations using panel data taken from a quarterly business survey in the service sector.

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References

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  12. More details on the SSBS can be found in Ulrich Kaiser and Herbert S. Buscher: Der Service Sentiment Indicator—Ein Konjunkturindikator für den Wirtschaftszweig unternehmensnahe Dienstleistungen, ZEW Dokumentation 98-04 (1998).

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  18. Data are expanded by firm-proportional weights. Details on that procedure are given in: Ulrich Kaiser and Herbert S. Buscher, op. cit. Der Service Sentiment Indicator—Ein Konjunkturindikator für den Wirtschaftszweig unternehmensnahe Dienstleistungen, ZEW Dokumentation 98-04 (1998)

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Author notes

  1. Ulrich Kaiser

    Present address: Centre for European Economic Research (ZEW), Mannheim, Germany

Authors and Affiliations

  1. Centre for European Economic Research (ZEW), Mannheim, Germany

    Claudia Stirböck

Authors
  1. Ulrich Kaiser
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  2. Claudia Stirböck
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Additional information

Helpful comments from our colleagues Friedrich Heinemann, Georg Licht and Herbert S. Buscher on earlier drafts of this paper are gratefully acknowledged. We are also indebted to Enrico Steeb and Rolf Kempkes for their helping hand in setting up the data set and to Christina Kaiser for research assistence. We also wish to thank Semka Thorvaldsen for proof-reading.

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Kaiser, U., Stirböck, C. The impact of the introduction of the Euro on firms' expectations. Intereconomics 34, 107–115 (1999). https://doi.org/10.1007/BF02930162

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