European Union. Regression results are provided for Western Germany, France, and Italy. It is shown that labour mobility is … highest in Germany, followed by France, and Italy. However, even in Germany, the accommodation of a shock to unemployment by …

We study the pass-through of exchange rate changes to consumer prices for the euro area by estimating vector error … correction models for Germany, France, Italy, the Netherlands and Spain. Using the weights of the Harmonized Index of Consumer … Prices (HICP) we compute a weighted average of the country results for the euro area. We find that in response to a ten …

We know that euro-area member countries have absorbed asymmetric shocks in ways that are inconsistent with a common … conventional trade cost channel and trade effects deriving from 'implicit currency misalignment'. Econometric estimation reveals … estimates of the euro effect on trade based on misalignment. This reveals asymmetric trade effects and heterogeneous outlooks …

-price monetary model and the Mundell-Fleming model. These models are the theoretical basis for the estimation of latent structural …

examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a … graduates face a higher risk of getting unemployed in Germany than in France. Concerning the reemployment prospects of the … unemployed, they are better in France than in West-Germany at all education levels, but particularly for the unemployed with a …