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Capital mobility is helpful to cope with the loss of adjustment instruments in EMU. High capital mobility in the sense of Feldstein and Horioka (FH) can limit the negative consequences of shocks affecting the saving capacity of an economy in the Eurozone. It is the aim of this paper to assess...
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concentration of capital turns out to be of a higher level and variability than the one of employment in 1985-94. Regions marked by …
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