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In order to study the costs/benefits of a monetary union between Germany and France, we attempt to go beyond a mere …, Germany would lose from any French participation in the setting of domestic monetary policy. By contrast, however, France …
Persistent link: https://www.econbiz.de/10005123945
Europe. We construct a panel data set of top earnings tax rates, football player careers, and club performances in the first …This paper analyzes the effects of top earnings tax rates on the international migration of top football players in … tax and institutional changes: (a) the 1995 Bosman ruling which liberalized the European football market, (b) top tax rate …
Persistent link: https://www.econbiz.de/10008784700
that the existing national rules of awarding places for the UEFA Champions Leagues and the UEFA Europa League, which are …
Persistent link: https://www.econbiz.de/10011083284
important international football matches. We examine goal-scoring from 1960 onwards in full 'A' international matches of six … national teams: Belgium, Brazil, England, Germany, Italy and the Netherlands. We analyze qualifying matches for the European … Cup. We find that the national teams of Germany, England and the Netherlands are more likely than the three other national …
Persistent link: https://www.econbiz.de/10008468670
The first part of the paper analyzes the inflationary risks associated with price liberalization, the welfare costs of inflation and the difficulties of East European central banks in pursuing non-inflationary policies. The main obstacles are the low credibility of stabilization policies and a...
Persistent link: https://www.econbiz.de/10005123602
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
Despite large regional policy expenditures, regional inequalities in Europe have not narrowed substantially over the …
Persistent link: https://www.econbiz.de/10005124014
The paper empirically analyzes asymmetries in the EMS with special reference to their implication for the creation of a monetary union (EMU). Two types of asymmetries are analyzed: those in the form of "German dominance" are detected in the conduct of monetary policies in the EMS, in particular...
Persistent link: https://www.econbiz.de/10005124043
that whereas the effects for Europe and in particular the EFTA countries may be substantial, the rest of the world has … little to fear from a more integrated Europe. The effects for Europe come in terms of welfare gains and structural changes …
Persistent link: https://www.econbiz.de/10005124192
Unemployment in Europe is a worrying phenomenon not so much because it hits 18 million people, but because it almost … - with the only exception of France and Spain - some regions enjoy full employment, while others have a very high …
Persistent link: https://www.econbiz.de/10005067385