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"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
responding to changing labor shortages across countries, skill-groups or industries. The diversity across EU member states … enables us to test this hypothesis across various institutional, economic and policy contexts. Drawing on the EU LFS and EU … shortages exceeds that of natives in the EU15, in particular in member states with higher unemployment rates, higher levels of …
Persistent link: https://www.econbiz.de/10011283156
-Native gaps in host labor markets. Using the EU LFS we first measure immigrant-native gaps in labor force participation …
Persistent link: https://www.econbiz.de/10010478963
immigration flows from EU and non-EU origins. While OLS estimates reveal the existence of a moderate correlation for non-EU … zero causal impact of UBS on immigration. All estimates for immigrants from EU origins indicate that flows within the EU …
Persistent link: https://www.econbiz.de/10009516877
-depth look at the Europe 2020 strategy and the goals it sets for the EU, with the aim of shedding light on the question of …
Persistent link: https://www.econbiz.de/10013101064
Persistent link: https://www.econbiz.de/10013170221
Speculation about the consequences of a break-up of the eurozone, a worsening sovereign debt crisis or a prolonged recession in the European Union have all in recent years made the headlines. At first glance, the effect that such events might have on the Canadian macroeconomy might appear small....
Persistent link: https://www.econbiz.de/10013057480
Persistent link: https://www.econbiz.de/10012659265
Persistent link: https://www.econbiz.de/10012659267
This paper reconsiders the narratives surrounding Japan's economic performance since the 1980s in relation to the experiences of the U.S. and the Eurozone. There are important differences between these three economies and some striking parallels. It is found that the poor reputation of the Bank...
Persistent link: https://www.econbiz.de/10012816140