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Optimal dynamic risk sharing when enforcement is a decision variable
Koeppl, Thorsten V. - 2003
Societies provide institutions that are costly to use, but able to enforce long-run relationships. We study the optimal decision problem of using self-governance for risk sharing or governance through enforcement provided by these institutions. Third-party enforcement is modelled as a costly...
Persistent link: https://www.econbiz.de/10009635888
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Institutions and service employment
Messina, Julián - 2004
We live in a service economy, but the extent of development of service employment differs across developed countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD...
Persistent link: https://www.econbiz.de/10009636543
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EU national economic and social councils and similar institutions
Europäischer Wirtschafts- und Sozialausschuss - 2010
Inspired by a European spirit, the EU's national economic and social councils and the EESC worked together tirelessly to create a European network of economic and social councils. Thanks to the commitment of the presidents and members of all the councils, the network has helped forge systematic...
Persistent link: https://www.econbiz.de/10010260412
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Public investment, transport infrastructure and growth in Poland
Rutkowski, Aleksander - 2009
This Country Focus discusses the relation between public investment and economic growth in Poland. Theoretical and empirical work has shown that improvements in the quantity and quality of public infrastructure have a positive impact on growth in the medium and, possibly, in the long run. The...
Persistent link: https://www.econbiz.de/10009641072
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Upswing in Germany: how long will it last?
Jansen, Heinz; Stierle, Michael H. - 2007
Following several years of low growth Germany is presently enjoying a relatively strong recovery. With unemployment … persistent structural unemployment. This weakness in providing labour and capital inputs means that Germany risks losing some of …
Persistent link: https://www.econbiz.de/10009641144
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Liberalisation and development of the Czech financial sector: more to come
Kay, Neil - 2007
The Czech financial sector has changed dramatically since transition. In fifteen years, it has developed from a state-owned mono-bank into a privatised bank-based financial system with developing capital and private equity markets. This country focus analyses the development of the financial...
Persistent link: https://www.econbiz.de/10009641248
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Domestic gloom and export boom : a look at German competitiveness
Jansen, Heinz - 2005
Since 1995 Germany has barely managed to grow by 1.2% annually, with growth over the last four years averaging only 0 ….6%. In 2005, growth will again be below1%. With these low growth rates Germany has clearly fallen behind all the other … Germany’s high labour costs andtaxes, and high levels of regulation. This has been exacerbated by new challenges over the last …
Persistent link: https://www.econbiz.de/10011902490
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The social impact of the crisis - Background paper
European Foundation for the Improvement of Living and … - 2011
to return to 2007 levels in each of the largest Member States, even in those like Germany where recovery has been most …
Persistent link: https://www.econbiz.de/10012023023
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Industry linkages and transmission shocks in Germany
Marcusson, Mats - 2010
Persistent link: https://www.econbiz.de/10012116924
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Comparing economic dynamics in the EU and CEE accession countries
Süppel, Ralph - 2003
This paper presents evidence for structural differences in economic growth dynamics between the current EU and the central- and eastern European accession countries. Two important results emerge from the analysis. First, accession countries have posted higher average growth and wider output...
Persistent link: https://www.econbiz.de/10009635910