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This paper employs stochastic simulations of a small structural rational expectations model to investigate the consequences of the zero bound on nominal interest rates. We find that if the economy is subject to stochastic shocks similar in magnitude to those experienced in the U.S. over the...
Persistent link: https://www.econbiz.de/10009635983
The imbalances in bargaining power between the contracting parties in the food supply chain have drawn much attention, also from policy makers. The European Commission is committed to facilitate the restructuring of the sector by encouraging the creation of voluntary agricultural producer...
Persistent link: https://www.econbiz.de/10011454559
This case study will focus on the comparison between the development of structure and strategy in the Spanish fruit and vegetable producing areas of Almería and Valencia. These two regions are assumed to have gone through different developments in term of the structure and strategy that fruit...
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With the development towards comprehensive and more sophisticated border control regimes, the problem of protection seekers’ access to EU territory has increasingly come into focus. Disorderly movement is presently the main avenue to safety in the EU, and human smugglers act as important...
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United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects …
Persistent link: https://www.econbiz.de/10009635881