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Persistent link: https://www.econbiz.de/10005296780
Available empirical evidence regarding the degree of symmetry between European economies in the context of Monetary Unification is not conclusive. This study offers new empirical evidence concerning this issue related to the manufacturing sector. Instead of using a static approach as most...
Persistent link: https://www.econbiz.de/10005505605
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One of the most obvious consequences of a monetary union is that monetary policy is lost as an instrument of national macroeconomic policy. The loss of the exchange rate as a national policy instrument has important implications for macroeconomic stability in the presence of asymmetric shocks,...
Persistent link: https://www.econbiz.de/10005543258
In a big amount of economies (NUTS-I) the evolution of manufacturing production is analysed using Gross Domestic Product (GDP) and Gross Added Value (GAV) data from National Accounts. In Spain, the problem of using these data is that they are not available as soon as it would be desirable. In...
Persistent link: https://www.econbiz.de/10005817504
R<sc>amos</sc> R., S<sc>urinach</sc> J. and A<sc>rtís</sc> M. Regional economic growth and human capital: the role of over-education, <italic>Regional Studies</italic>. This article analyses the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from census...
Persistent link: https://www.econbiz.de/10010976952
This paper investigates the role of institutions for labour market performance across European countries. As participation rates have been rather stable over the past, the unemployment problem is mainly caused by shortages in labour demand. Labour demand is expressed by its structural...
Persistent link: https://www.econbiz.de/10005822816
The objective of this paper is to analyse the existence or not of a wage curve in Colombia, paying special attention to the differences between formal and informal workers, an issue that has been systematically ignored in the wage curve literature. The obtained results using microdata from the...
Persistent link: https://www.econbiz.de/10008517972