Showing 1 - 10 of 12
"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
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
Persistent link: https://www.econbiz.de/10009711914
-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
Trust in the ECB has fallen to unprecedented lows in the aftermath of the financial crisis. Up to the start of the recession in 2008, trust levels in the ECB were moderately high and trust in the ECB was not affected by business cycle variables such as growth and inflation. This changed...
Persistent link: https://www.econbiz.de/10009126422
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
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
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
. We undertake an empirical analysis and find that immigration has contributed to reducing inequality within the 25 EU … countries over the 2003-2017 period. As the EU attracted relatively highly qualified immigrants throughout this period, our …
Persistent link: https://www.econbiz.de/10012418623