Showing 1 - 8 of 8
Similar durations but lower flows into unemployment gave Europe lower unemployment rates than the United States until … the 1970's. But since 1980, higher durations have kept unemployment rates in Europe persistently higher than in the U.S. A … general equilibrium search model with human capital explains how these outcomes arise from the way Europe's higher firing …
Persistent link: https://www.econbiz.de/10005123735
This Paper looks at the value generated to shareholders by the announcement of mergers and acquisitions involving firms in the European Union over the period 1998-2000. Cumulative abnormal shareholder returns due to the announcement of a merger reflect a revision of the expected value resulting...
Persistent link: https://www.econbiz.de/10005136651
This Paper aims at improving the understanding of the transmission of shocks across countries and how this transmission may have changed over time. By employing a model that allows for parameter changes across regimes, we show that transmission of shocks from the US to European countries may...
Persistent link: https://www.econbiz.de/10005498077
the US and Europe. Another popular view is that these differences are explained by long-standing European ‘culture’, but … the US and Europe. These policies do not seem to have increased employment, but they may have had a more society …
Persistent link: https://www.econbiz.de/10005662089
1500 and 1800 look similar to the stagnating southern, central and eastern parts of Europe rather than the developing … northwestern parts. In the advanced parts of India and China, grain wages were comparable to those in northwestern Europe, but … wages of northwestern Europe were not simply a monetary phenomenon, but reflected high productivity in the tradable sector …
Persistent link: https://www.econbiz.de/10005666692
This Paper uses US Census data from 1990 and 2000 to provide evidence on the labour market characteristics of European-born workers living in the US. It is found that there is a positive wage premium associated with these workers, and that the highly skilled are over-represented compared with...
Persistent link: https://www.econbiz.de/10005667016
, focusing on Europe in the late 19th century period as a guide for modern debates. For this purpose, we first estimate a gravity …
Persistent link: https://www.econbiz.de/10005791820
rates in Europe. It is, however, unclear which features characterise the South of Italy compared to other Peripheral areas … carries out a comparative analysis of unemployment rates of the different ‘Mezzogiornos of Europe’. Finally, some policy …
Persistent link: https://www.econbiz.de/10005792261