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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
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
, how countries characterised by emigration in the 1990s will cope with rising immigration and the challenge of integrating …
Persistent link: https://www.econbiz.de/10009636159
, accessible statistical data do not allow for an accurate estimation of the flows to and from Poland. Measurement of foreign …
Persistent link: https://www.econbiz.de/10009636160
Migration is a rather new phenomenon in Romania after 1990. The difference between in-flows and out-flows is significantly in favour of out-migrants in terms of volumes and experiences. The explanation is quite straightforward, when one thinks of the economic potential of Romania. The labour...
Persistent link: https://www.econbiz.de/10009636161
that out-migration exceeds in-migration, thus emigration rather than immigration has bigger impact on the Bulgarian society …
Persistent link: https://www.econbiz.de/10009636174
previous experience with migration outflow and inflow. On the contrary, Slovenia was the territory of immigration from other … of Eastern Europe) are by definition countries that only recently face immigration. It seems that a more diversified … analysis is needed in order to include different forms of immigration, although not always international, but nevertheless …
Persistent link: https://www.econbiz.de/10009636175
still several attributes typical of a transit country in respect of immigration, though even some signs suggest that it …
Persistent link: https://www.econbiz.de/10009636188
field of immigration, Poland should introduce quotas for the recruitment of skilled workers and take measures to prevent …
Persistent link: https://www.econbiz.de/10009636900
Persistent link: https://www.econbiz.de/10009637732