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With a large-scale econometric world model we derive policy multipliers and the parameters for the utility functions for 10 EMU countries and for the ECB. The gains from cooperation are calculated by comparing two equilibria, a Nash and a cooperative equilibrium. The cooperative equilibrium is...
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Japan and Austria are among the OECD countries with an average labour force participation rate but an above average … gender gap as far as employment opportunities and earnings are concerned. In Japan, women in the main working age have a … labour resources of mature workers is high, and the gender gap is less pronounced than in Japan, which suggests that a …
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