Showing 1 - 8 of 8
Now that four years have passed since the introduction of the euro as a commercial currency, it has become possible to assess many arguments made in the abstract during the 1990s about the implications of monetary union. This contribution does precisely that. In brief, the euro zone still falls...
Persistent link: https://www.econbiz.de/10005124952
We look at a job-market model of bilateral uncertainty. Workers are uncertain about what job descriptions advertised by firms really mean and firms are uncertain about the qualifications of workers before they are interviewed. Both types of uncertainty can be resolved but both processes are...
Persistent link: https://www.econbiz.de/10005407591
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005062522
institutions. The study conducts a literature review on the theoretical and empirical works of economic growth, with emphasis in …
Persistent link: https://www.econbiz.de/10005407867
recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …
Persistent link: https://www.econbiz.de/10005408143
This paper offers a review of the main progress made in entrepreneurship analysis and institutional economics, discussing its possible integration to general theory of economic development, considering the increasing importance that these topics have gained in contemporary approaches of...
Persistent link: https://www.econbiz.de/10005119013
affecting UK labour market conditions. When the real exchange rate is undervalued, short-run unemployment falls as firms respond … to an improvement in domestic competitiveness by increasing their demand for labour. The unemployment response to the … reflects monetary policy considerations, our results imply that unemployment can be targeted by economic policy. Our results …
Persistent link: https://www.econbiz.de/10005556606
Differences in regional unemployment rates are often used to describe regional economic inequality. This paper asks … whether changes in regional unemployment differences in West Germany are persistent over time. Only if such changes are … dispersion of unemployment rates. Our analysis follows a time-series approach to economic convergence and we test whether …
Persistent link: https://www.econbiz.de/10005118979