Narrow search
Showing 1 - 10 of 284
Cover Image
The effects of European Economic and Monetary Union on wage behaviour
Lauer, Charlotte - 1999
This paper evaluates the possible consequences of the forthcoming European and Monetary Union on wage behaviour. It will be shown that EMU does not influence wage policy directly, but rather indirectly through its implications on other areas of economic policy, predominantly on monetary policy....
Persistent link: https://www.econbiz.de/10011294707
Cover Image
Specialisation patterns and the synchronicity of regional employment cycles in Europe
Belke, Ansgar (contributor); Heine, Jens M. (contributor) - 2004
This paper examines the degree of correlation of EU regional employment cycles and attempts to show whether these cycles reflect changing patterns of specialisation. By focusing on the regional level and by employing three different indicators of similarity of sectoral structure, it improves on...
Persistent link: https://www.econbiz.de/10002529920
Cover Image
The effect of macroeconomic uncertainty on household spending
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2021
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10012491975
Cover Image
The distribution of well-being among Europeans
Brandolini, Andrea; Rosolia, Alfonso - 2019
We analyse the evolution of EU citizens' living standards, considering the EU as a single country. Average living standards have improved considerably as the European integration process has unfolded. EU28 income inequality has steadily declined, mostly as a result of the macroeconomic...
Persistent link: https://www.econbiz.de/10012015871
Cover Image
Testing mundell's intuition of endogenous OCA theory
Warin, Thierry (contributor);  … - 2008
This paper presents an empirical assessment of the endogenous optimum currency area theory. Frankel and Rose (1998) study the endogeneity of a currency union through the lens of international trade flows. Our study extends Frankel and Rose's model by using FDI flows to test the original theory...
Persistent link: https://www.econbiz.de/10003760087
Cover Image
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 …
Persistent link: https://www.econbiz.de/10003429626
Cover Image
Productivity premia for German manufacturing firms exporting to the Euro-area and beyond : first evidence from robust fixed effects estimations
Verardi, Vincenzo; Wagner, Joachim - 2010
estimates of the productivity premium of German firms exporting to the Euro-zone and beyond, controlling for unobserved time … invariant firm specific effects, and tests for self-selection of more productive firms into exporting beyond the Euro-zone. (3 … Euro-zone only is no longer much smaller that the premium of firms that export beyond the Euro-zone, too, and the premium …
Persistent link: https://www.econbiz.de/10003968468
Cover Image
Welfare effects of the euro cash changeover
Wunder, Christoph; Schwarze, Johannes; Krug, Gerhard; … - 2006
Using merged data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel (SOEP), this paper applies a parametric difference-in-differences approach to assess the real effects of the introduction of the euro on subjective well-being. A complementary nonparametric...
Persistent link: https://www.econbiz.de/10003522939
Cover Image
Fiscal multipliers and the labour market in the open economy
Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2010
Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...
Persistent link: https://www.econbiz.de/10003945992
Cover Image
Macroeconomic volatilities and the labor market : first results from the euro experiment
Merkl, Christian; Schmitz, Tom - 2010
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …
Persistent link: https://www.econbiz.de/10003961662