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Paul de Grauwe and Paul Krugman are two of the most significant economists who are interested in single currency influence on the economic cycle. In our paper we try to show that a complex view of argumentation of both the economists i.e. (from both the views of the individual countries and the...
Persistent link: https://www.econbiz.de/10008754972
, because they can deepen or moderate volatility of the economic cycle. The article aims at mapping the rate of unemployment in … comparison of the actual rate of unemployment with the average value NAIRU was used for the specification of the economic cycle …. We compare the rate of unemployment, NAIRU and unemployment gaps in sectors with the average value on the national level …
Persistent link: https://www.econbiz.de/10009293717
The purchasing power's difference between currencies appears to trigger a person to make the decision of emigrating, but it does not look to be the only one. European Union enlargement, immigration policies, as well as different personal and/or psychological reasons, have modified migrations...
Persistent link: https://www.econbiz.de/10005430354
This paper studies whether the dynamic behavior of real GDP, unemployment and inflation is systematically affected by …
Persistent link: https://www.econbiz.de/10005673607
The minimum wage has been a controversial issue since 1912, when Massachusetts (USA) passed the first state minimum wage act. The Czech Republic has had a statutory national minimum wage since 1990 (Act no. 65/1965 Coll., or the Labour Code; the specific minimum wage levels and the conditions for...
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