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Persistent link: https://www.econbiz.de/10012491544
This paper has been prepared as a part of a broader Ezoneplus project that evaluates European Monetary Union (EMU) and … Germany II. Regional Input: Capital Markets in Portugal and Spain III. Regional Input: Capital Markets in Slovenia and Hungary …
Persistent link: https://www.econbiz.de/10010274501
The main topic of the paper is optimal dynamics, i.e., timing of entry of the accession countries in the ERM 2 and EMU … delayed entry into the EMU? b) What are economic and other arguments for an early or late inclusion? c) What are the … with respect to the timing of entry in the ERM 2 as an interim institutional mechanism in the run-up to the EMU. …
Persistent link: https://www.econbiz.de/10010274503
countries presently fulfill the Maastricht convergence criteria and how the present EMU countries complied with them at a … comparable time distance before their own entry in EMU. Some of the related issues, such as monetary and fiscal policy …
Persistent link: https://www.econbiz.de/10010274524
Different models of protection against labor market risks are associated with diverging models of economic performance. Historically established institutional complementarities between labor market regulation, unemployment protection, and vocational training tend to mirror specific national...
Persistent link: https://www.econbiz.de/10003860657
Persistent link: https://www.econbiz.de/10008697189
Over the last decade, both the availability of quantitative indicators on labor market institutions and of studies trying to explain differences in national labor market performance through institutional variables have burgeoned significantly. It is now time to review these indicators and the...
Persistent link: https://www.econbiz.de/10003693708
Germany and France are both Continental European welfare states with severe labor market problems such as low employment and high and persistent unemployment which can be explained by labor market institutions that inhibit labor market adaptability. This paper analyzes recent reforms in core...
Persistent link: https://www.econbiz.de/10003540028
The paper compares employment structures in five Continental welfare states. These countries feature broad similarities in their reliance on a more dualised model of labour market flexibility, particularly in service occupations with low skill requirements. However, a closer look also reveals...
Persistent link: https://www.econbiz.de/10003985730
The current crisis, while of a global nature, has affected national labor markets to a varying extent. While some countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel with a significant decline in GDP. Our analysis shows...
Persistent link: https://www.econbiz.de/10003986366