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transition: the possibility of nationally asymmetric real shocks. I review that topic in the context of Ireland's recent …
Persistent link: https://www.econbiz.de/10013235280
Persistent link: https://www.econbiz.de/10003387775
In the post Lehman period, the interest rate of the US dollar became low on the forward contract because of“flight to quality” to the international currency. However, in the Euro crisis, that of the Sterling pound became equally low, while the other European currencies such as the Danish...
Persistent link: https://www.econbiz.de/10012999986
detailed case studies, two - Denmark and Ireland - undertaken under fixed exchange rates (the most relevant case for many … expansion; but only in Denmark the driver of growth was internal demand. However, after three years a long slump set in as the … economy lost competitiveness. In all the others for a long time the main driver of growth was exports. In Ireland this …
Persistent link: https://www.econbiz.de/10013118837
: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway and Italy for the year 1992. Based on the estimation of a …
Persistent link: https://www.econbiz.de/10013218733
on three case studies: Denmark, Ireland and Italy …
Persistent link: https://www.econbiz.de/10013244895
Existing models of contagious currency crises are summarized and surveyed, and it is argued that more weight should be put on political factors. Towards this end, the concept of political contagion introduced, whereby contagion in speculative attacks across currencies arises solely because of...
Persistent link: https://www.econbiz.de/10013239960
How do foreign interests influence the policy determination process? What are the welfare implications of such foreign influence? In this paper we develop a model of foreign influence and apply it to the study of optimal tariffs. We develop a two-country voting model of electoral competition,...
Persistent link: https://www.econbiz.de/10013248149
In this paper we address two questions. First, how do changes in demand for work affect workers' health? Second, how do we translate these health effects into meaningful economic terms so that we can compare the income gains associated with increased demand for work with the pain of adverse...
Persistent link: https://www.econbiz.de/10012986703
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10013243426