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Downward nominal wage rigidity and the long-run Philips Curve

Coenen, Günter - 2003

This paper summarises the results of a quantitative study of the possible impact of downward nominal wage rigidity on the determination of inflation and output in the euro area and the existence of a non-vertical long-run Phillips curve. The study was undertaken in the context of the review of...

Persistent link: https://www.econbiz.de/10009635901

Monetary and fiscal interactions in open economies

Lombardo, Giovanni; Sutherland, Alan - 2003

A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...

Persistent link: https://www.econbiz.de/10009635884

Non-fundamental exchange rate volatility and welfare

Straub, Roland; Tchakarov, Ivan - 2004

We lay out an empirical and a theoretical model to analyze the effects of non-fundamental exchange rate volatility on economic activity and welfare. In the first part of the paper, the GARCH-SVARmodel is applied to measure empirically the effect of the conditional exogenous exchange rate...

Persistent link: https://www.econbiz.de/10009636551

Temporary shocks and unavoidable transitions to a high-unemployment regime

Den Haan, Wouter J. - 2003

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment … European unemployment rates observed during the seventies. The explanation given is that even if the unemployment rate would … job creation remains low making the return to a low unemployment rate impossible. The paper shows that in some cases …

Persistent link: https://www.econbiz.de/10009635968

New Keynesian Phillips Curves

McAdam, Peter; Willman, Alpo - 2003

Using euro-area data, we re-examine the empirical success of New Keynesian Phillips Curves (NKPCs). The nature of our re-evaluation relies on the actual empirical underpinnings of such estimates: we find existing estimates un-robust and u0096 given that key parameters are generally calibrated...

Persistent link: https://www.econbiz.de/10009635912

Industrial relations developments in Europe 2009

Carley, Mark; McKay, Sonia; Miller, Jean-Michel - 2010

Member States and Norway in 2009, both at national and EU level. It first sets out the political context, then goes on to …

Persistent link: https://www.econbiz.de/10011929350

Industrial relations and working conditions developments in Europe 2010

Sweeney, Ben; Curtarelli, Maurizio; Aumayr, Christine - 2011

conditions and industrial relations in the EU Member States and Norway in 2010, both at national and EU level. At national level …

Persistent link: https://www.econbiz.de/10011929352

Structures of Education, Vocational Training and Adult Education Systems in Europe : Norway ; 2003

Education Information Network in the EuropeanUnion; Eurydice - 2003

Structures of education, vocational training and adult education systems in Europe For anyone trying to understand the general organisation of education systems in Europe, these monographs set out in some 40 pages for each country, full basic and regularly updated information on its own...

Persistent link: https://www.econbiz.de/10009636298

Fisheries research organisations and research programmes in the European Union, Iceland, Israel and Norway

Fuchs, Jacques (contributor); Floch, Pascal le (contributor) - Europäische Kommission / Generaldirektion Fischerei; … - 2000

, Norway, Iceland and Israel, have contributed with a national presentation of their research scheme. Main research institute …

Persistent link: https://www.econbiz.de/10009636506

data for the EU member states and Norway ; 2008 ed., [2. issue]

Eurostat; Europäische Kommission / Statistisches Amt - 2008

Persistent link: https://www.econbiz.de/10009638823

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