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Capital prices and Eurozone competitiveness differentials
Askenazy, Philippe - 2013
Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour … building prices. European countries, especially France, have experienced a significant rise in property prices since the … France, non-financial corporations (NFCs) pay a large supplementary cost for their investments and have to distribute massive …
Persistent link: https://www.econbiz.de/10009715724
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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
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Labour mobility : an adjustment mechanism in Euroland? ; empirical evidence for Western Germany, France, and Italy
Puhani, Patrick A. - 1999
European Union. Regression results are provided for Western Germany, France, and Italy. It is shown that labour mobility is … highest in Germany, followed by France, and Italy. However, even in Germany, the accommodation of a shock to unemployment by …
Persistent link: https://www.econbiz.de/10011294709
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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
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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
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Voting as a war of attrition
Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2018
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
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Competition, cooperation, and collective choice
Markussen, Thomas; Reuben, Ernesto; Tyran, Jean-Robert - 2012
economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost … foregone. -- public goods ; competition ; tournament ; cooperation ; voting …
Persistent link: https://www.econbiz.de/10009548053
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What drives US immigration policy? : evidence from congressional roll call votes
Facchini, Giovanni; Steinhardt, Max Friedrich - 2011
this paper is to systematically analyze the drivers of congressional voting behavior on immigration policy during the … the policy making process on one of the most controversial facets of globalization. -- immigration policy ; voting …
Persistent link: https://www.econbiz.de/10009234008
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Special interest groups versus voters and the political economics of attention
Balles, Patrick; Matter, Ulrich; Stutzer, Alois - 2018
Asymmetric information between voters and legislative representatives poses a major challenge to the functioning of representative democracy. We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to...
Persistent link: https://www.econbiz.de/10011949175
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Voting power and survival : the case of a ruling party
Jelnov, Artyom; Jelnov, Pavel - 2019
vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed. …
Persistent link: https://www.econbiz.de/10012019199