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Recent literature on biofuels has questioned whether biofuels policies are likely to reduce the negative effects of climate change. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard in a dynamic model taking into account...
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-research performed within SIMPATIC (www.simpatic.eu). To analyse the impact of public R&D on growth, we need to complement the micro … GDP growth and jobs in applied macro-models most commonly used in EU policy analysis. We focus particularly on the NEMESIS …
Persistent link: https://www.econbiz.de/10011432994
In this paper, we analyse the recent patterns of occupational segregation by gender in the EU countries vis-à-vis the … male and female workers in EU countries, we use a single cross section corresponding to 1999 as the basis of comparison …, hoping to uncover convergence trends by examining whether the EU-Us differentials in gender occupational segregation decline …
Persistent link: https://www.econbiz.de/10011412023
In a model in which agents differ in wages and preferences over labor time-consumption bundles, we study labor income tax schemes that alleviate poverty. To avoid conflict with individual well-being, we require redistribution to take place between agents on both sides of the poverty line...
Persistent link: https://www.econbiz.de/10011528840
Countries in a monetary union can adjust to shocks either through internal or external mechanisms. We quantitatively assess for the European Union a number of relevant mechanisms suggested by Mundell’s optimal currency area theory, and compare them to the United States. For this purpose, we...
Persistent link: https://www.econbiz.de/10010354695
The paper investigates the macroeconomic and financial effects of oil prices shocks in the euro area since its creation in 1999, with a special focus on the recent slump. The analysis is carried out episode by episode, within a time-varying parameter framework, consistent with the view that "not...
Persistent link: https://www.econbiz.de/10011451685
Labor market segmentation refers to a salient divide between secure and insecure jobs and is related to problems in important areas, including macro‐economic efficiency, workers' wellbeing and repercussions for social cohesion. European countries have started a new wave of labor market reforms...
Persistent link: https://www.econbiz.de/10011455858
Using data on the US and EU top R&D spenders from 2004 until 2012, this paper investigates the sources of the US/EU … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU …-tech sectors. Our results also show that the US/EU productivity gap has worsened during the crisis period, as the EU companies have …
Persistent link: https://www.econbiz.de/10011476418