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key ingredients: creditor discrimination and crowding-out effects. Creditor discrimination arises because, in turbulent …
Persistent link: https://www.econbiz.de/10011084507
discrimination. Using data collected in the 1980 Women and Employment Survey, we find that women's wages would be between 20 and 25 … per cent higher in the absence of discrimination. This is somewhat higher than previous estimates have indicated. …
Persistent link: https://www.econbiz.de/10005656294
We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German … period 1987-2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and … as `flexible' as the UK labour market, it would be more efficient in dealing with the effects of immigration. …
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, the completion of Europe's domestic market could exert a profound influence on nonmember countries. This paper examines …
Persistent link: https://www.econbiz.de/10005791809
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
The paper analyzes the role of a multilateral payments union (PU) between East European countries (EEPU) as an intermediate solution in the process to full convertibility. After a description of the main functions of a PU, which is based on the historical model of the European Payments Union, it...
Persistent link: https://www.econbiz.de/10005497971