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Three Essays on Worker Turnover and Incentive Contracts in Labour Market Search Equilibrium
Zaharieva, Anna - 2010
Arbeitsmarkt und Prinzipal-Agent-Problemen aufgrund von asymmetrischen Informationen zwischen Firmen und Arbeitnehmern. Das …
Persistent link: https://www.econbiz.de/10009471691
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Social Dumping: Theoretical and Empirical Aspects
Dimitrova, Teodora - 2006
The Dissertation "Social Dumping: Theoretical and Empirical Aspects" consists in three logical parts, each of them analyzing the nexus labour standards - labour market outcomes - globalization. The first part, Chapter 2, is a theoretical analysis of the effects of globalization on the...
Persistent link: https://www.econbiz.de/10009471741
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Dynamic effects of persistent shocks
Alloza, Mario; Gonzalo, Jesús; Sanz, Carlos
We show that several shocks identifi ed without restrictions from a model, and frequently used in the empirical literature, display some persistence. We demonstrate that the two leading methods to recover impulse responses to shocks (moving average representations and local projections) treat...
Persistent link: https://www.econbiz.de/10012523677
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Fiscal expenditure spillovers in the euro area: An empirical and model-based assessment
Alloza Frutos, Mario; Ferdinandusse, Marien; Jacquinot, … - 2020
Este documento describe los principales canales de transmisión de los efectos desbordamiento (spillovers) de las políticas fiscales nacionales a otros países de la zona del euro y analiza su magnitud utilizando diferentes modelos. En el contexto de la Unión Económica y Monetaria (UEM), los...
Persistent link: https://www.econbiz.de/10012524802
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Robust Control and Persistence in New Keynesian Monetary Policy Analysis
Paetz, Michael - 2007
von gestörten Modellen um das Referenzmodell und wählt die optimale Geldpolitik so, dass diese im ungünstigsten Modellfall … geldpolitisches Instrument beinhaltet. Wesentlich für die Herleitung der optimalen Geldpolitik ist die Persistenz in der Inflations … zwischen Geldpolitik und verschiedenen Arten von Unsicherheit verdeutlicht, bevor in Kapitel 3 die derzeitige state …
Persistent link: https://www.econbiz.de/10009449715
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Thoughts on the design of a European Recovery Fund
Arce Hortigüela, Óscar Javier; Kataryniuk, Iván; … - 2020
La Unión Europea (UE) requiere de una acción rápida, duradera y suficiente ante la crisis sanitaria y económica provocada por el Covid-19. Las respuestas dadas por el Banco Central Europeo (BCE) y el Consejo de la UE han sido efectivas para mitigar la incidencia de la crisis en el corto...
Persistent link: https://www.econbiz.de/10012524998
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Fiscal policy measures in response to the health crisis in the main euro area economies, the United States and the United Kingdom
Cuadro Sáez, Lucía; López Vicente, Fernando; … - 2020
guarantees) measures adopted according to their objective and functionality (health spending, support for firms’ liquidity and … crisis compared to previous ones is the prominence given to public guarantee programmes for the provision of liquidity to … focusing on sustaining households’ income and firms’ liquidity – extending, in some cases, the temporary measures previously …
Persistent link: https://www.econbiz.de/10012525034
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Macroeconomics, firm dynamics and IPOs
González, Beatriz - 2020
Este artículo aplica un modelo de dinámica empresarial para incorporar empresas cotizadas en bolsa y empresas no cotizadas, que se enfrentan a distintas fricciones financieras, donde la decisión de hacer una oferta pública inicial (OPI) es una decisión endógena de la empresa. Esto permite...
Persistent link: https://www.econbiz.de/10012525220
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Fiscal rebalancing plans in the medium term: the case of the United Kingdom
Brunet, Júlia; Párraga Rodríguez, Susana
Artículo de revista ; The extraordinary fiscal policy response to mitigate the strong economic impact of the COVID-19 pandemic has pushed public debt notably higher, exceeding its peak levels of the last five decades in the main advanced economies. Additionally, support for the economic...
Persistent link: https://www.econbiz.de/10012526554
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An exploration of real-time revisions of output gap estimates across European countries
Hernández de Cos, Pablo; Lacuesta, Aitor; …
En este documento se analizan las revisiones en tiempo real de las estimaciones de la brecha de producción (output gap) publicadas por la Comisión Europea para 15 países durante el período 2002-2014. De acuerdo con nuestro análisis, las revisiones en tiempo real de las brechas de...
Persistent link: https://www.econbiz.de/10012529564