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cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to …
Persistent link: https://www.econbiz.de/10009021626
setting by firms. We derive the relation between inflation and unemployment and discuss how it is influenced by the presence … of real wage rigidities. We show the nature of the tradeoff between inflation and unemployment stabilization, and we draw …
Persistent link: https://www.econbiz.de/10005700626
negative relationship between labor’s share and lagged productivity growth and inflation. I also evaluate the role of labor …
Persistent link: https://www.econbiz.de/10009292397
This paper analyses the prospects and problems of a Transatlantic Free Trade Area (TAFTA) between the European Union and the United States. Possible economic reasons for the proposal of TAFFA such as the intensity of bilateral trade and a strong interdependence in investment flows and the...
Persistent link: https://www.econbiz.de/10009276174
In this paper the authors conduct a meta-analysis to examine the link between R&D spending and economic growth in the EU and other regions. The results suggest that the growth-enhancing effect of R&D in the EU15 countries does not differ from that in other countries in general, but it is less...
Persistent link: https://www.econbiz.de/10011269108