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Regional Nonadjustment and Fiscal Policy : Lessons for EMU

Obstfeld, Maurice - 1999

be hard to resist the eventual extension of existing EU mechanisms of income redistribution--a transfer union. We propose … an alternative strategy based on a relaxed stability pact, further strictures against central EU borrowing, labor market …

Persistent link: https://www.econbiz.de/10012471641

The Impact of the General Data Protection Regulation on Internet Interconnection

Zhuo, Ran - 2019

strict restrictions on processing and sharing of personal data of EU residents. Both contemporary news reports and simple …

Persistent link: https://www.econbiz.de/10012480424

Early Determinants of Work Disability in an International Perspective

Börsch-Supan, Axel - 2018

This paper studies the interrelated roles of health and welfare state policies in the decision to take up disability insurance (DI) benefits due to work disability (WD), defined as the (partial) inability to engage in gainful employment due to physical or mental illness. We exploit the large...

Persistent link: https://www.econbiz.de/10012480794

Data Privacy and Temptation

Liu, Zhuang - 2020

This paper derives a preference for data privacy from consumers' temptation utility. This approach facilitates a welfare analysis of different data privacy regulations, such as the GDPR enacted by the European Union and the CCPA enacted by the state of California, when a fraction of the...

Persistent link: https://www.econbiz.de/10012481201

Transatlantic Technologies : The Role of ICT in the Evolution of U.S. and European Productivity Growth

Gordon, Robert J. - 2020

aggregate of ten Western European nations (the EU-10) from 1977 to 2015. We find that the standard growth accounting approach is …. Using industry-level data from EU KLEMS, we find that most of the 1995-2005 U.S. productivity growth revival was driven by … ICT-intensive industries producing market services and computer hardware. In contrast the EU-10 experienced a 1995 …

Persistent link: https://www.econbiz.de/10012481620

Automatic Stabilizers and Economic Crisis : US vs. Europe

Dolls, Mathias - 2010

income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 47 percent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … up to 30 per cent in the EU and up to 20 per cent in the US. There is large heterogeneity within the EU. Automatic …

Persistent link: https://www.econbiz.de/10012462382

Harmonizing and Combining Large Datasets - An Application to Firm-Level Patent and Accounting Data

Thoma, Grid - 2010

This paper discusses methods for the harmonization and combination of large-scale patent and trademark datasets with each other and other sources of data. Dictionary- and rule-based approaches to the consolidation of applicant names in patent data are presented and shown to have both benefits...

Persistent link: https://www.econbiz.de/10012462801

One TV, One Price?

Imbs, Jean - 2009

We use a unique dataset on television prices across European countries and regions to investigate the sources of differences in price levels. Our findings are as follows: (i) Quality is a crucial determinant of price differences. Even in an integrated economic zone as Europe, rich economies tend...

Persistent link: https://www.econbiz.de/10012463231

Work Disability, Work, and Justification Bias in Europe and the U.S

Kapteyn, Arie - 2009

To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback of such a measure is the possibility that different...

Persistent link: https://www.econbiz.de/10012463404

International Differences in Longevity and Health and their Economic Consequences

Michaud, Pierre-Carl - 2009

In 1975, 50 year-old Americans could expect to live slightly longer than their European counterparts. By 2005, American life expectancy at that age has diverged substantially compared to Europe. We find that this growing longevity gap is primarily the symptom of real declines in the health of...

Persistent link: https://www.econbiz.de/10012463414