Showing 1 - 10 of 478
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10013160313
In this paper, we use a Micro-Macro model to evaluate the effects of a euro's depreciation on the French economy, both … the two models is made using an iterative (or sequential) approach. We find that a 10% euro's depreciation stimulates the …
Persistent link: https://www.econbiz.de/10012945218
applies a parametric difference-in-differences approach to assess the real effects of the introduction of the euro on … the initial problems were overcome within one year of the introduction of euro cash …
Persistent link: https://www.econbiz.de/10013317284
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10013016262
This study explores the effects of globalization on gender inequality. Specifically, we depict that, in terms of capital market integration, globalization alters the gender gap in wage rates through changes in labor demand for capital-intensive sectors. Consequently, globalization leads to...
Persistent link: https://www.econbiz.de/10012908884
This paper outlines the importance of labor mobility for the improvement in allocating and distributing economic resources. We are faced with an increasing lack of skilled workers and a growing tendency of unemployment amongst the low-skilled. A central political objective for the future will...
Persistent link: https://www.econbiz.de/10012764678
This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging …-country panel of 22 industries in 8 euro area countries for 1991-2002. Data inspection confirms the existence of a fairly stable … explaining inter-industry wage differentials in the euro area. Both workforce characteristics (e.g., human capital variables) and …
Persistent link: https://www.econbiz.de/10012763933
prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life …-policy transmission in the euro area …
Persistent link: https://www.econbiz.de/10012859309
whether uncertainty over future interest rates in the Euro area hampers monetary policy transmission. In this non-linear model … data on domestic investment and interest rates on corporate loans for 5 countries of the Euro area in the period ranging …
Persistent link: https://www.econbiz.de/10012863789
We study the response of real wages to the business cycle in eight major Eurozone countries before and during the Great …
Persistent link: https://www.econbiz.de/10013012041