Showing 1 - 10 of 1,874
The Eurozone crisis mobilises an appreciable amount of the attention of politicians and the public, with calls for a decisive defence of the euro, because the single currency's demise is said to be the beginning of the end of the EU and Single European Market. In our view, preserving the euro...
Persistent link: https://www.econbiz.de/10011430886
We derive the optimal exchange rate policy for a small open economy subject to terms-oftrade shocks. Firm owners and workers are risk averse but workers more so. Wages are given or partially indexed in the short run, and capital markets are imperfect. The government sets the exchange rate to...
Persistent link: https://www.econbiz.de/10010261106
postwar period, there were significant differences in ideas and economic policy-making in Germany and France. France was …
Persistent link: https://www.econbiz.de/10011506556
We analyse the role of training in mitigating the negative impact of technical and organizational changes on the employment prospects of older workers. Using a panel of French firms in the late 1990s, we first estimate wage bill share equations for different age groups. Consistently with what is...
Persistent link: https://www.econbiz.de/10010278807
In the beginning of the 1980s, Cameroon witnessed a sustained rate of growth, associated essentially with the boom in … tax system could, therefore, ensure sustainable growth and development in Cameroon. The study aims to contribute to a … better understanding of the evolution of the tax system in Cameroon. In particular, the paper reviews the chronology of the …
Persistent link: https://www.econbiz.de/10010330128
The WAEMU and the Franc CFA-Zone: A new culture of co-operation in Francophone Africa? The CFA-zone is basically composed of two sub-zones, characterised by significant structural economic and political differences within and between its member countries: the West African Economic and Monetary...
Persistent link: https://www.econbiz.de/10011331403
reale Abwertung in den Krisenländern oder (3) ihr Austritt aus der Währungsunion mit anschließender nominaler Abwertung. Der … Variante nominaler Abwertung ist politisch attraktiver als ein Austritt aus der Eurozone, weil sie mit geringeren operativen …
Persistent link: https://www.econbiz.de/10010334497
Francophone Africa has been dominated to date by the political, economic and cultural repercussions of France …’s colonial rule. A major instrument to assert France's interests was the upkeep of a common monetary policy and currency, the CFA …
Persistent link: https://www.econbiz.de/10015045433
Agriculture was the mainstay of the Nigerian economy prior to independence and immediately after. Agriculture however, has suffered persistent decline since the 1970s with the exchange rate policy being implicated in the misfortune of this sector. Earlier studies on the effect of exchange rate...
Persistent link: https://www.econbiz.de/10011310241
Persistent link: https://www.econbiz.de/10011404784