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Levine, David K. - 2010

More advanced technologies demand higher degrees of specialization - and longer chains of production connecting raw inputs to final outputs. Longer production chains are subject to a "weakest link" effect: they are more fragile and more prone to failure. Optimal chain length is determined by the...

Persistent link: https://www.econbiz.de/10013135410

The Breakup of the Euro Area

Eichengreen, Barry - 2010

The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European...

Persistent link: https://www.econbiz.de/10012759842

Euro-Productivity and Euro-Jobs Since the 1960s : Which Institutions Really Mattered?

Allard, Gayle J. - 2010

How have labor market institutions and welfare-state transfers affected jobs and productivity in Western Europe, relative to industrialized Pacific Rim countries? Orthodox criticisms of European government institutions are right in some cases and wrong in others. Protectionist labor-market...

Persistent link: https://www.econbiz.de/10012760709

Estimated Effects of the October 1979 Change in Monetary Policy on the 1980 Economy

Fair, Ray C. - 2009

estimated from simulations with my model of the U.S. economy (1976, 1980b) …

Persistent link: https://www.econbiz.de/10012767933

Carbon Motivated Regional Trade Arrangements : Analytics and Simulations

Dong, Yan - 2014

This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong amp; Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...

Persistent link: https://www.econbiz.de/10012750865

The Impact of the General Data Protection Regulation on Internet Interconnection

Zhuo, Ran - 2019

exchange agreements. The European Union (EU)'s General Data Protection Regulation (GDPR) imposes strict restrictions on …

Persistent link: https://www.econbiz.de/10012858810

Limitations on the Effectiveness of Monetary Policy Forward Guidance in the Context of the Covid-19 Pandemic

Levin, Andrew T. - 2020

extraordinary dispersion of their recent forecasts. Moreover, financial markets are now practically certain that U.S. short …

Persistent link: https://www.econbiz.de/10012824280

Non-Monetary News in Central Bank Communication

Cieslak, Anna - 2018

We quantify the importance of non-monetary news in central bank communication. Using evidence from four major central banks and a comprehensive classification of events, we decompose news conveyed by central banks into news about monetary policy, economic growth, and separately, shocks to risk...

Persistent link: https://www.econbiz.de/10012911101

The Impact of Brexit on Foreign Investment and Production

McGrattan, Ellen - 2017

other E.U. nations. With less E.U. technology deployed in the United Kingdom, U.K. firms increase investment in their own R … Europe. If instead we assume that the European Union imposes the same restrictions on U.K. FDI, then E.U. firms invest more … in their own R&D, benefiting the United Kingdom. With costs higher on both U.K. and E.U. FDI, we predict a significant …

Persistent link: https://www.econbiz.de/10012960512

Secondary Pharmaceutical Patenting : A Global Perspective

Sampat, Bhaven N. - 2017

international patent applications in the US, Japan, the European Patent Office, and corresponding filings in three developing …

Persistent link: https://www.econbiz.de/10012964387