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Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86
Fischer, Stanley - 1987
Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and … Bundesbank and the Bank of Japan each focus on one money target, described by the Bundesbank as a target, and by the Bank of … Japan as a projection. None of the countries has stuck rigorously to the targets, though the Bank of Japan has come close …
Persistent link: https://www.econbiz.de/10012476592
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Comment on: "Systemic sovereign credit risk : lessons from the US and Europe" by Ang and Longstaff
Chen, Hui - In: Journal of monetary economics 60 (2013) 5, pp. 511-516
Persistent link: https://www.econbiz.de/10010196057
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Can US coordination failure explain why Americans work so much more than Europeans?
Schiff, Maurice W. - 2014
Prescott (2004) argues that Europeans work much less than Americans because of higher taxes and that they would gain significantly by charging US taxes and working as much as Americans. I argue that the opposite may be true and that Americans work more than Europeans due to a coordination...
Persistent link: https://www.econbiz.de/10010258175
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Welfare, Labor Supply and Heterogeneous Preferences : Evidence for Europe and the US
Bargain, Olivier - 2011
Following the report of the Stiglitz Commission, measuring and comparing well-being across countries has gained renewed interest. Yet, analyses that go beyond income and incorporate non-market dimensions of welfare most often rely on the assumption of identical preferences to avoid the...
Persistent link: https://www.econbiz.de/10013118277
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Youth Unemployment in Europe and the United States
Bell, David N.F. - 2011
lessons have been learned that may guide future policy. We focus on Europe and USA, but introduce evidence from other …
Persistent link: https://www.econbiz.de/10013125472
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Comparing Labor Supply Elasticities in Europe and the US : New Results
Bargain, Olivier - 2012
We suggest the first large-scale international comparison of labor supply elasticities for 17 European countries and the US, separately by gender and marital status. Measurement differences are netted out by using a harmonized empirical approach and comparable data sources. We find that own-wage...
Persistent link: https://www.econbiz.de/10013103467
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Migration as an Adjustment Mechanism in the Crisis? A Comparison of Europe and the United States 2006–2016
Jauer, Julia - 2018
We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using...
Persistent link: https://www.econbiz.de/10012926723
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Migration as an Adjustment Mechanism in the Crisis? A Comparison of Europe and the United States
Jauer, Julia - 2014
The question of whether migration can be an equilibrating force in the labour market is an important criterion for an optimal currency area. It is of particular interest currently in the context of high and rising levels of labour market disparities, in particular within the Eurozone where there...
Persistent link: https://www.econbiz.de/10013059674
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Population adjustment to asymmetric labour market shocks in India : a comparison to Europe and the United States at two different regional levels
Braschke, Franziska; Puhani, Patrick A. - 2022
This paper uses Indian EUS-NSSO data on 32 states/union territories and 570 districts for a bi-annual panel with 5 waves to estimate how regional population reacts to asymmetric shocks. These shocks are measured by non-employment rates, unemployment rates, and wages in fixed-effects regressions...
Persistent link: https://www.econbiz.de/10013262648
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The International Linkage of Real Interest Rates : The European - U.S. Connection
Cumby, Robert E. - 1984
Casual observation indicates that in recent years real interest rates in the United States appear to have risen sharply and have remained high relative to historical standards. Many observers have claimed that these high real rates have been transmitted abroad and have lead to high real rates in...
Persistent link: https://www.econbiz.de/10012477666