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Using the seminal work of Blanchard and Katz on regional development as a frame a small number of macro economic key figures are looked upon for Bornholm, the Capital Area and the country. The model used is presented and even though the analysed time period is short, a comparison is made with...
Persistent link: https://www.econbiz.de/10012142225
This paper takes a first step in analysing how a monetary union performs in the presence of labour market asymmetries … aggregate shocks. The implications of asymmetries for both the overall performance of the monetary union and the country …-specific situation are analysed. It is shown that asymmetries are not only critical for country-specific performance but also for the …
Persistent link: https://www.econbiz.de/10003721206
Prisdannelsen og faktorefterspørgslen i Det økonomiske Råds sekretariats SMEC-model af dansk <p> økonomi har siden 1998 været teoretisk begrundet i en underliggende Cobb-Douglas teknologi (i <p> kombination med en antagelse om omkostningsminimering). I SMEC-forgængeren SMEC 94 var det <p> derimod...</p></p></p>
Persistent link: https://www.econbiz.de/10005656472
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