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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
Persistent link: https://www.econbiz.de/10010517431
Persistent link: https://www.econbiz.de/10008697189
The observation of highly regulated, but successful economies has given rise to the hypothesis of various viable models of labor market adaptability. The paper presents a quantitative indicator that tries to avoid a simplified flexibility-rigidity dichotomy and provides a detailed picture of the...
Persistent link: https://www.econbiz.de/10003923585
Persistent link: https://www.econbiz.de/10009161223
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
This study gives a comparative overview of labor market dynamics and institutional arrangements in Germany and Brazil with particular emphasis on industrial relations, wage setting, unemployment benefits, employment protection and vocational training. The paper shows that institutions determine...
Persistent link: https://www.econbiz.de/10009521201
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/10013141223