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Differential welfare state impacts for frontier working age families
Burlacu, Irina S.; O'Donoghue, Cathal - 2012
evaluate the impact of unemployment benefits and income taxation on these frontier workers' welfare in Luxembourg and Belgium …
Persistent link: https://www.econbiz.de/10009569316
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Did the intergenerational solidarity pact increase the employment rate of older workers in Belgium? : a macro-econometric evaluation
Dejemeppe, Muriel; Smith, Catherine; Van der Linden, Bruno - 2015
In December 2005, the Belgian government adopted the law on the Intergenerational Solidarity Pact (ISP) aiming at increasing the employment rate of older workers. The main policies of the ISP consist in a pension bonus, reductions in employers' social security contributions and measures...
Persistent link: https://www.econbiz.de/10011283130
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Interest rate bands of inaction and play-hysteresis in domestic investment : evidence for the Euro area
Belke, Ansgar; Frenzel Baudisch, Coletta; Göcke, Matthias - 2019
The interest rate represents an important monetary policy tool to steer investment in order to reach price stability. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank's effectiveness in a low interest rate environment...
Persistent link: https://www.econbiz.de/10012099559
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Instability of the Eurozone? : On monetary policy, house prices and labor market reforms
Belke, Ansgar (contributor); Gros, Daniel (contributor) - 2007
"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
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Completing the monetary union of Europe as mid-term solution of the Euro crisis
Fischer, Justina A. V.; Pastore, Francesco - 2015
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
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Following Germany's lead : using international monetary linkages to identify the effect of monetary policy on the economy
Di Giovanni, Julian (contributor);  … - 2005
Forward-looking behavior on the part of the monetary authority leads least squares estimates to understate the true growth consequences of monetary policy interventions. We present instrumental variables estimates of the impact of interest rates on real output growth for several European...
Persistent link: https://www.econbiz.de/10002630639
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The European Phillips curve : does the NAIRU exist?
Karanassou, Marika (contributor); Sala, Héctor (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001792879
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Differences in euro-area household finances and their relevance for monetary-policy transmission
Hintermaier, Thomas; Koeniger, Winfried - 2019
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012133482
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An age perspective on economic well-being and social protection in nine OECD countries
Dang, Thai Thanh; Immervoll, Herwig; Mantovani, Daniela; … - 2006
This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....
Persistent link: https://www.econbiz.de/10003335455
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Earnings dynamics and inequality among men in Luxembourg, 1988 - 2004 : evidence from administrative data
Sologon, Denisa Maria; O'Donoghue, Cathal - 2010
Starting with the late 1980s and intensifying after early 1990s, Luxembourg evolved from an industrial economy to an … extraordinary longitudinal dataset drawn from administrative records on professional career, we decomposed Luxembourg’s growth in … Luxembourg are worst off both in terms of their relative wage and in terms of their opportunity of improving their relative …
Persistent link: https://www.econbiz.de/10003976945