Similar Search Results

How Long Do Unilateral Target Zones Last?

Dumas, Bernard J; Svensson, Lars E O - C.E.P.R. Discussion Papers - 1992

We examine the expected survival time of a unilateral exchange rate target zone, when constraints on monetary policy prevent the central bank from exclusively focusing on defending the target zone. In general, the width of the target zone has a negligible effect on the expected survival time,...

Persistent link: https://www.econbiz.de/10005791503

Target Zones and Realignments

Bertola, Giuseppe; Caballero, Ricardo - C.E.P.R. Discussion Papers - 1990

Recent contribution emphasize that the presence of exchange rate target zones has important effects on the within-band behaviour of exchange rates. We show that the implications of available models are strikingly inconsistent with European Monetary System data, and we propose a model of...

Persistent link: https://www.econbiz.de/10005792134

The Swinging Dollar: Is Europe Out of Step?

Wyplosz, Charles - C.E.P.R. Discussion Papers - 1988

The large dollar fluctuations of the last decade are often viewed as a classic example of a lack of macroeconomic coordination. This paper examines these fluctuations from a European perspective and suggests five conclusions. First, interdependence between Europe and the US is quite limited as...

Persistent link: https://www.econbiz.de/10005281278

Managed Floating: Understanding the New International Monetary Order

Bofinger, Peter; Wollmershaeuser, Timo - C.E.P.R. Discussion Papers - 2001

corner solutions. These intermediate regimes are characterized by significant foreign exchange market interventions of … different forms of floating on the basis of a central bank's intervention activity: pure floating (no interventions … interventions and sterilization and we explain why a central bank has an interest in controlling simultaneously the exchange rate …

Persistent link: https://www.econbiz.de/10005114175

Who Gets Over the Training Hurdle? A Study of the Training Experiences of Young Men and Women in Britain

Arulampalam, Wiji; Booth, Alison L - C.E.P.R. Discussion Papers - 1996

Using longitudinal data from the British National Child Development Study, this paper examines gender differences in … the determinants of work-related training. The analysis covers a crucial decade in the working lives of the 1958 birth … the number of work-related training events lasting at least three days. This approach takes into account the fact that …

Persistent link: https://www.econbiz.de/10005504728

Class Size, Education and Wages

Dustmann, Christian; Rajah, Najma; van Soest, Arthur - C.E.P.R. Discussion Papers - 2002

This Paper examines the effects of class size on the decision to stay on in full time schooling at the age of 16 and on wages at later stages in life. Little research exists on the effect of school quality on career decisions, although it has potentially important long-term implications. We use...

Persistent link: https://www.econbiz.de/10005498143

Effective Active Labour Market Policies

Boone, Jan; Ours, Jan C van - C.E.P.R. Discussion Papers - 2004

empirical analysis we use data on 20 OECD countries covering the time period 1985-99. We find that labour market training is the …

Persistent link: https://www.econbiz.de/10005498201

Minimum Wage Legislation, Work Conditions and Employment

De Fraja, Gianni - C.E.P.R. Discussion Papers - 1996

minimum wage. The paper concludes by showing that if employers can change investment in fixed capital and in training, then an …

Persistent link: https://www.econbiz.de/10005656136

How Much Does the UK Invest in Intangible Assets?

Giorgio Marrano, Mauro; Haskel, Jonathan - C.E.P.R. Discussion Papers - 2007

development etc.), about 14% on branding, about 20% on training and the rest on organisational capital. …

Persistent link: https://www.econbiz.de/10005656338

Estimating the Return to Training and Occupational Experience: The Case of Female Immigrants

Cohen-Goldner, Sarit; Eckstein, Zvi - C.E.P.R. Discussion Papers - 2004

Do government provided training programmes benefit the participants and the society? We address this question in the … training. Although theoretically training may have several outcomes, most evaluations have focused on only one outcome of … training: the expected wage. Training might have no direct effect on wage, however, but it affects employment probability in …

Persistent link: https://www.econbiz.de/10005661563