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The answer to competition from emerging countries with low wage costs must be very different according to the affected sector. We need to draw a distinction between manufacturing industry and services that can be relocated and other sectors: consumer services, retail, construction, most business...
Persistent link: https://www.econbiz.de/10010377754
In the COVID-19 pandemic, governments have, among other measures, mandated the use of COVID certificates to prove vaccination, recovery or a recent negative test, and have required individuals to show certificates to access shops, restaurants, and education or workplaces. While arguments for and...
Persistent link: https://www.econbiz.de/10013361961
Contents: 1. Das Deutsch-Französische Wirtschaftspolitische Forum...1 -- 2. Opening Address, Dominique Strauss-Kahn...2 -- 3. Does EMU Need an Employment Pact? - Klaus-Werner Schatz, Institute of World Economics, Kiel...3 -- 4. Is the Stability Pact an Efficient Agreement? - Patrick Artus,...
Persistent link: https://www.econbiz.de/10010301212
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[eng] Which objective for a central bank ?. . Most Central Banks have an intermediate money growth objective. However, some of them have abandoned this objective to control directly inflation. We com­pare, from a theoretical point of view, the different objectives or intervention methods of a...
Persistent link: https://www.econbiz.de/10008617447
[eng] Real wages and employment . . The purpose of this article is to evaluate the effects of real wages on employment in France using varions econometric models : simple employment demand equations ; statistical time series models permitting to perform causality tests ; production functions,...
Persistent link: https://www.econbiz.de/10008617564
[eng] Financing the economy with high real interest rates. . The possible causes of high real interest rates in the 80's are first analysed : ex-ante excess of investment over savings, restrictive monetary policies in Europe, increased interest rates risk, effects on equilibrium returns of the...
Persistent link: https://www.econbiz.de/10008617662
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[eng] Credit rationing and firms reactions . Patrick Artus. In that article, a complete rnodel of firms' behaviour is estimated in order to analyse their reactions when they are rationed on the domestic credit market. In that situation, they can reduce their inventories, investment, money...
Persistent link: https://www.econbiz.de/10008617673
[fre] Possibilités de stabilisation en union monétaire ou en changes flexibles. . Une des critiques les plus fortes faites de la décision de passer à l'union monétaire en Europe porte sur l'impossibilité de réagir à des aléas nationaux spécifiques dans la situation d'union, puisque les...
Persistent link: https://www.econbiz.de/10008617709