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This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in Spain during the last two decades. The aim of this paper is to shed light on the impact of the European economic integration process on Spanish labour market and the convergence...
Persistent link: https://www.econbiz.de/10003694166
The current accounts of most EU member states in central and eastern Europe have been showing growing deficits in recent years. According to panel estimates the deficits can be attributed primarily to factors characteristic for the stage of development, ie the relative income level and high...
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This paper estimates the Balassa-Samuelson effects for 11 countries in central and eastern Europe on a disaggregated set of quarterly data covering the period from the mid-1990s to the first quarter of 2008. The Balassa-Samuelson effects are clearly present and explain around 24% of inflation...
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unemployment between a developed, economically integrated area (Eurozone) and a developing one (ASEAN), a decade before and after … the euro was introduced. The most interesting issue is whether macroeconomic policy coordination in the Eurozone has had … and productivity in the Eurozone. Imposing macroeconomic policy variables associated with MC on convergence and growth in …
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