Some models support the notion that exchange-rate uncertainty promotes economic growth while others suggest that exchange-rate uncertainty slows growth. Most empirical work supports the latter hypothesis, leading policymakers to strive for more stable exchange rates. The authors question the...

The dual character of the Spanish labor market, with permanent workers on the one hand and less favored peripheral workers on the other, became more pronounced following the deregulation of temporary employment. This paper uses the Spanish Labor Force Survey to assess whether, as predicted by...

The 1999 State of the Union Address included a "call to action" to improve school quality and provide citizens with safe streets, schools and neighborhoods through initiatives such as decreasing student-teacher ratios, enhancing teacher quality and offering innovative and after-school programs....

The dual character of the Spanish labor market, with permanent workers on the one hand and less favored peripheral workers on the other, became more pronounced following the deregulation of temporary employment. This paper uses the Spanish Labor Force Survey to assess whether, as predicted by...

The dual character of the Spanish labor market, with permanent workers on the one hand and less favored peripheral workers on the other, became more pronounced following the deregulation of temporary employment. This paper uses the Spanish Labor Force Survey to assess whether, as predicted by...