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Persistent link: https://www.econbiz.de/10009309139
Against the background of governments' consolidation strategies, ETUI researcher Vera Glassner provides an overview of recent developments in terms of pay, employment and reforms of the pay system in the public sector. Cuts and freezes of public sector wages were most frequently imposed...
Persistent link: https://www.econbiz.de/10013082117
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We use a unique dataset to show how firms in Europe used credit lines during the financial crisis. We find that firms with restricted access to credit (small, private, non-investment grade, and unprofitable) draw more funds from their credit lines during the crisis than their large, public,...
Persistent link: https://www.econbiz.de/10013132469
In the present paper fundamental changes in monetary policy strategy, especially in leading industrialized countries, from concentrating on development of the quantity of money to focusing strictly on developments of interest rates and interest rate levels is analysed in the case of the European...
Persistent link: https://www.econbiz.de/10013096026
the basic norm now governing the EU legal order, namely that of ‘competition'; the logic of market integration based on …
Persistent link: https://www.econbiz.de/10013086591
This paper examines the potential impact of the economic crisis - started in 2008 - on the dynamics global foreign direct investment, especially in the new member states of the European Union. The global economic crisis that hit the world in 2008 has forced scholars and policy makers alike to...
Persistent link: https://www.econbiz.de/10013159993
The bilateral foreign portfolio equities among Euro area members have shrunk by 40 percent after 2007. While both the financial crisis and the enlargement are potentially responsible of this abrupt and persistent contraction in financial integration, our work detects a major role for the crisis....
Persistent link: https://www.econbiz.de/10012840943
Many of the EU accession countries have announced that they will not only try to enter the EU as quickly as possible … countries and for the EU core countries.Viele der EU-Beitrittsländer haben angekündigt, dass sie nicht nur der EU, sondern auch … Spillover-Kosten für die anderen Beitrittsländer und für die EU-Kernländer auftreten …
Persistent link: https://www.econbiz.de/10012991282