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afterwards. Beyond the well documented asymmetries across countries, we uncover different responses of adult and youth … unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to … specifically targeted to youth unemployed in bad times. One important implication of our findings is that generic labour market …
Persistent link: https://www.econbiz.de/10011476560
afterwards. Beyond the well documented asymmetries across countries, we uncover different responses of adult and youth … unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to … specifically targeted to youth unemployed in bad times. One important implication of our findings is that generic labour market …
Persistent link: https://www.econbiz.de/10012990858
Persistent link: https://www.econbiz.de/10011647456
This paper provides evidence that the choice of the foreign exchange regime is not of first order importance for achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate stability hinges on the current and anticipated...
Persistent link: https://www.econbiz.de/10011325969
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Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101
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