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Economic retirement age and lifelong learning : a theoretical model with heterogeneous labor, biased technical change and international sourcing
Gries, Thomas; Jungblut, Stefan; Krieger, Tim; Meyer, … - 2016
The employability of an aging population in a world of continuous and biased technical change is top of the political agenda. Due to endogenous human capital depreciation the effective retirement age is often below statutory retirement age resulting in permanent non-employability of older...
Persistent link: https://www.econbiz.de/10011580569
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Asset price shocks, real expenditures, and financial structure : a multi-country analysis
Chirinko, Robert S. (contributor); Haan, Leo de (contributor) - 2008
This paper examines the responses of private consumption, residential investment, and business investment in 11 EU …
Persistent link: https://www.econbiz.de/10003730274
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The open method of coordination (OMC) as an evolutionary learning process
Ania, Ana B.; Wagener, Andreas - 2009
We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of …
Persistent link: https://www.econbiz.de/10003824711
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A new two-pillar strategy for the ECB
De Grauwe, Paul; Gros, Daniel - 2009
The ECB has been arguing in the past that since there is no trade-off between price stability and financial stability, the pursuit of price stability is the best a central bank can do to also maintain financial stability. We argue that there is a potential trade-off between price stability and...
Persistent link: https://www.econbiz.de/10003888991
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The ECB's enhanced credit support : keynote address at the Univ. of Munich, 13 July 2009
Trichet, Jean-Claude - 2009
Persistent link: https://www.econbiz.de/10003897431
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Reforming the taxation of multijurisdictional enterprises in Europe : "coopetition" in a bottom-up federation
Gérard, Marcel (contributor) - 2006
Persistent link: https://www.econbiz.de/10003457294
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Reforming the taxation of multijurisdictional enterprises in Europe : a tentative appraisal
Gérard, Marcel (contributor) - 2006
Persistent link: https://www.econbiz.de/10003377052
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Barriers to entry, deregulation and workplace training : a theoretical model with evidence from Europe
Bassanini, Andrea; Brunello, Giorgio - 2010
We study the impact of barriers to entry on workplace training. Our theoretical model indicates that there are two contrasting effects of deregulation on training. With a given number of firms, deregulation reduces the size of rents per unit of output that firms can reap by training their...
Persistent link: https://www.econbiz.de/10003937794
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Fiscal and migration competition
Razin, Asaf; Tsadḳah, Efrayim - 2010
both the host and the source countries. It models the host country stylistically as a core EU welfare state, with tax … financed benefits and migration policies, and the migration source country as an accession country (following the EU … voter.The paper models the host country stylistically as a member of the core of an economic union (i.e., a core EU welfare …
Persistent link: https://www.econbiz.de/10003974528
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Channel systems : why is there a positive spread?
Berentsen, Aleksander; Marchesiani, Alessandro; Waller, … - 2010
An increasing number of central banks implement monetary policy via two standing facilities: a lending facility and a deposit facility. In this paper we show that it is socially optimal to implement a non-zero interest rate spread. We prove this result in a dynamic general equilibrium model...
Persistent link: https://www.econbiz.de/10008732253