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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 …
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This paper overviews the early history of the euro and argues that the euro was sub-optimally designed, without monetary sovereignty of Eurozone (EZ) Member States, in order to comply with political goals set by wealthier Member States. Given this constraint, the euro architects designed a...
Persistent link: https://www.econbiz.de/10012894941
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
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