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into monitoring euro area wage dynamics and which appears to treat some of the other labor market information as less …In this paper, we explore the role of labor markets for monetary policy in the euro area in a New Keynesian model in … labor market would alter the business cycle behavior and the transmission of monetary policy. We find that while a lower …
Persistent link: https://www.econbiz.de/10010265230
Developing Countries have been particularly worried by the single-market-program since the EC absorbs more than a third … market. With the exception of agricultural economies specialized on specific products, the net welfare effect of EC-1992 will …
Persistent link: https://www.econbiz.de/10010265299
Pending EU widening to the East has revived concerns in Lalin America that Europe may become more inward-looking. However, booming trade and foreign direct investment (FDI) relations between current EU members and Central and Eastern European countries (CEECs) are unlikely to harm I^itin...
Persistent link: https://www.econbiz.de/10010265342
Recent evidence suggests that regional economic integration provides an important stimulus not only to trade, but also to FDI. In contrast, the available theory on FDI does not yet provide empirically testable propositions on the effects of concurrent trade and investment liberalisation....
Persistent link: https://www.econbiz.de/10010265368
The analysis of Baltic regional trade patterns reveals that during the nineties the Baltic states made significant progress to integrate into the Western European division of labour although a significant share of (transit) trade with Russia remained. In view of this development, history seems...
Persistent link: https://www.econbiz.de/10010265516
common market which pays particular attention to close trade relations with their immediate neighbours in the Baltic Sea …
Persistent link: https://www.econbiz.de/10010273120
Persistent link: https://www.econbiz.de/10010275173
Markt zu ihrem Vorteil und zum Schaden der nationalen Industrie Frankreichs, Italiens und der anderen teilnehmenden Länder …
Persistent link: https://www.econbiz.de/10010275552
Major disturbances in their global environment such as the world-wide recession in the early 1980s, in increasing protectionism in the EC and the US, large exchange rate fluctuations, high and volatile real interest rates and commodity price shocks have not prevented developing Asian countries...
Persistent link: https://www.econbiz.de/10010275565
Viele WTO-Mitglieder vertiefen und erweitern regionale Integrationsgemeinschaften - trotz bereits allgemein niedriger Meistbegünstigungszollsätze. Dieser Beitrag gibt einen Überblick über die möglichen wohlfahrtssteigernden Effekte einer Handelsliberalisierung zwischen der Europäischen...
Persistent link: https://www.econbiz.de/10010275600