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reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …
Persistent link: https://www.econbiz.de/10011408964
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … developed venture capital markets should help to alleviate such financial constraints. This view that labor-market institutions …
Persistent link: https://www.econbiz.de/10011398923
reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …
Persistent link: https://www.econbiz.de/10010496600
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10011507850
producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … developed venture capital markets should help to alleviate such financial constraints. This view that labor-market institutions …
Persistent link: https://www.econbiz.de/10010495327
of weak demand can lead to rising structural unemployment and a permanently lower capital stock – the hysteresis effects …) policies to cope with hysteretic unemployment is neither necessary nor sufficient. Instead, subtler forms of hysteresis should … be taken into account. They leave some room for monetary policy to maneuver, more complex way. If long-term unemployment …
Persistent link: https://www.econbiz.de/10014524305
The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins of their welfare states that can be traced to a unique set of values and beliefs that emphasize the right of women to participate in the...
Persistent link: https://www.econbiz.de/10010252633
We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...
Persistent link: https://www.econbiz.de/10011523724
We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets. Capital flows are assumed to be...
Persistent link: https://www.econbiz.de/10011350203
We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A specific focus is on Greece. The paper extends the seminal...
Persistent link: https://www.econbiz.de/10011373258