Showing 1 - 10 of 40
While much empirical research has been done on the labour market consequences of unemployment benefits, there is … against the possibility of unemployment and unemployment benefits increase the unemployment rate. We then conduct, what we … believe, is one of the first empirical analyses of the determinants of the parameters of the unemployment benefit system …
Persistent link: https://www.econbiz.de/10010301122
also some evidence that more flexibility leads to lower unemployment rates and to lower rates of long-term unemployment … introduce more unemployment persistence. …
Persistent link: https://www.econbiz.de/10010301184
Monetary developments of recent decades began with much promise with inflation targeting by independent central banks; the financial crisis of 2007 ushered in a period of great monetary instability. There are lessons for a return to more stability. Central banks need to stabilize money supply...
Persistent link: https://www.econbiz.de/10014480560
We estimate the short run effects of Brexit border disruption on the UK economy. We estimate a structural VAR for the UK where Brexit effects are identified by the dates of Brexit events, the referendum and the exit from the single market. We find evidence of short run effects of Brexit:...
Persistent link: https://www.econbiz.de/10014480601
This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange rate risk premiums in the EU candidate countries as they undergo monetary convergence to the eurozone. The underlying hypothesis is that a system of 'flexible inflation...
Persistent link: https://www.econbiz.de/10010301142
Persistent link: https://www.econbiz.de/10010301151
This paper aims at exploring and analysing on a comparative basis the impact of the East enlargement of the EU on border regions in Bulgaria, Estonia, Hungary, Romania and Slovenia. In order to achieve the overall objective, the paper will first provide a definition and identification of border...
Persistent link: https://www.econbiz.de/10010301194
A flexible approach to direct inflation targeting is a viable monetary policy choice for transition economies that is believed to facilitate both the economic transition and the monetary convergence to the euro. Following this assumption, an analytical model investigating the link between the...
Persistent link: https://www.econbiz.de/10010301201
Persistent link: https://www.econbiz.de/10010301246
We compare the convergence with German monetary policy of the Balkan and Mediterranean country candidates for EU membership with that of countries that have recently joined the EU. Significant linkages exist between German base money stock and that of recent members of the EU; the same holds...
Persistent link: https://www.econbiz.de/10010301291