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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

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

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

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

Gross job flows and institutions in Europe

Gómez-Salvador, Ramón; Messina, Julián; Vallanti, … - 2004

institutions in the dynamics of job creation and destruction is examined. As expected, employment protection is found to reduce job …

Persistent link: https://www.econbiz.de/10009636541

Youth Employment in Developing Countries : Background paper prepared under Service Contract DCI-EDUC/2012/310-255

Pieters, Janneke - 2013

The aim of this paper is to identify the key challenges in relation to youth employment in developing countries and … provide recommendations on how EU development cooperation could support the youth employment agenda. It starts with a general … discussion of the main reasons why youth employment challenges matter for development and a comprehensive description of common …

Persistent link: https://www.econbiz.de/10011799530

The impact of monetary union on trade prices

Anderton, Robert; Baldwin, Richard E.; Taglioni, Daria - 2003

formation of a monetary union may induce changes that help harmonise inflation rates. The effect might be large if the …

Persistent link: https://www.econbiz.de/10009635969

Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB

Vähämaa, Sami - 2004

This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...

Persistent link: https://www.econbiz.de/10009636538

Forecasting Euro area industrial production using (mostly) business surveys data

Bruno, Giancarlo; Lupi, Claudio - Istituto di Studi e Analisi Economica, Rom - 2003

derived from the business surveys of the three major economies within the European Monetary Union (France, Germany, and Italy … in France and Germany; as far as Italy is concerned, forecasts are produced using a model that in the recent past proved …

Persistent link: https://www.econbiz.de/10011291665

Exchange rate risks and asset prices in a small open economy

Derviz, Alexis - 2004

comparison of models allowing for an independent OF risk factor with a restricted one, where the forex order flow plays no role …

Persistent link: https://www.econbiz.de/10009636537

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