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Growth expectations, capital flows and international risk sharing
Castrén, Olli; Miller, Marcus; Stiegert, Roger - 2003
international equity transactions that accentuate the role of international risk sharing as a factor for the macroeconomic response … shock affecting only one country. Efficient global risk-sharing imply that expected productivity gains in one country will … for the productivity gains can further increase the risk exposure of foreign shareholders. The model is calibrated to show …
Persistent link: https://www.econbiz.de/10009635970
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Comparing economic dynamics in the EU and CEE accession countries
Süppel, Ralph - 2003
shocks remain a risk. …
Persistent link: https://www.econbiz.de/10009635910
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Bond market inflation expectations and longer-term trends in broad monetary growth and inflation in industrial countries, 1880 - 2001
Dewald, William G. - 2003
u0093Bond Market Inflation Expectation and Longer-term Trends in Broad Monetary Growth and Inflation in Industrial Countries, 1880-2001u0094 by William G. Dewald, Professor of Economics Emeritus, Ohio State University and Former Director of Research, Federal Reserve Bank of St. Louis. Annual...
Persistent link: https://www.econbiz.de/10009635923
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US, Japan and the euro area
McAdam, Peter - 2003
There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and the euro area. Using Markov-switching techniques, in this paper we identify and compare specifically their major business-cycle features and examine the case for a common...
Persistent link: https://www.econbiz.de/10009635889
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an international comparison
Afonso, António; Schuknecht, Ludger; Tanzi, Vito - 2003
We compute public sector performance (PSP) and efficiency (PSE) indicators, comprising a composite and seven sub-indicators, for 23 industrialised countries. The first four sub-indicators are u0093opportunityu0094 indicators that take into account administrative, education and health outcomes...
Persistent link: https://www.econbiz.de/10009635959
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Unemployment, hysteresis and transition
León-Ledesma, Miguel; McAdam, Peter - 2003
We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods benchmarked against the EU. In part of the paper, we work with the concept of linear u0093Hysteresisu0094 as described by the presence of unit roots in unemployment. Since this is...
Persistent link: https://www.econbiz.de/10009635980
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Gross job flows and institutions in Europe
Gómez-Salvador, Ramón; Messina, Julián; Vallanti, … - 2004
We examine job flows in the 1990s for a sample of 13 European countries. By using a dataset of continuing firms that covers all sectors, we find firm characteristics to be important determinants of job flows, with smaller and younger firms within services typically having a larger degree of job...
Persistent link: https://www.econbiz.de/10009636541
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a comparison of national anti-discrimination legislation on the grounds of racial or ethnic origin, religion of belief with the Council directives
European Monitoring Centre on Racism and Xenophobia - 2002
Persistent link: https://www.econbiz.de/10009639520
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a comparison of national anti-discrimination legislation on the grounds of racial or ethnic origin, religion of belief with the Council directives
Bribosia, Emanulle (contributor) - European Monitoring Centre on Racism and Xenophobia - 2002
Persistent link: https://www.econbiz.de/10009639521
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a comparison of national anti-discrimination legislation on the grounds of racial or ethnic origin, religion of belief with the Council directives
Mahlmann, Matthias (contributor) - European Monitoring Centre on Racism and Xenophobia - 2002
Persistent link: https://www.econbiz.de/10009639522