Showing 1 - 10 of 103
euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the …
Persistent link: https://www.econbiz.de/10012506932
This article focuses on the role of labour market institutions in explaining different labour market developments in … of various institutional setups and of their changes on major labour market indicators. We aim at complementing several … early 2000's both in "oldʺ and "newʺ EU member states. We estimate effects of labour market institutions on various …
Persistent link: https://www.econbiz.de/10003763951
Ten Central European countries became members of the European Union in the years 2004 - 2007. They constitute 20% of the EU's total population; and even though their economic output is much lower, it rises dynamically. New members' impact on the EU policies has nevertheless been limited. This is...
Persistent link: https://www.econbiz.de/10003790698
Persistent link: https://www.econbiz.de/10003457169
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether "old" and "new" EU countries are rated differently and to determine whether "new" ones are assigned lower ratings, ceteris paribus, than "old" ones. We...
Persistent link: https://www.econbiz.de/10003974520
It is often argued that tax competition may lead to a 'race to the bottom'. This result may indeed hold in the case of factor mobility (such as capital). However, in this paper we emphasize the unique feature of labor migration, that may nullify the 'race to the bottom' hypothesis. Labor...
Persistent link: https://www.econbiz.de/10003974528
Persistent link: https://www.econbiz.de/10003612738
Persistent link: https://www.econbiz.de/10003496514
Persistent link: https://www.econbiz.de/10003395368
periods of very fast growth. We interpret these results as a sign that price level convergence comes from goods, market and … non-market service prices. Furthermore, we find that the Phillips curve flattens with a decline in the inflation rate …
Persistent link: https://www.econbiz.de/10003982012