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This paper analyses how adjustment dynamics, in an environment with some degree of price and wage rigidity, may create and strengthen asymmetric developments in a monetary union. It presents a simple illustrative model of adjustment dynamics that reproduces quite nicely actual developments in...
Persistent link: https://www.econbiz.de/10012720242
This two-part working paper series represents a distillation of practical approaches with regard to the successful management of so-called “legacy assets” which include both impaired as well as non-performing loans, particularly in those in the real estate and property sectors. This two-part...
Persistent link: https://www.econbiz.de/10011265335
Which schools of thought are favored by German economists? What makes a good economist and which economists have been most influential? These questions were addressed in a survey, conducted in the summer of 2006 among the members of the ‘Verein für Socialpolitik’, the association of German...
Persistent link: https://www.econbiz.de/10014202426
Some names, especially those with biblical origins, are very popular in the United States. But this then gives rise to an interesting question: Does a good given name lead to a better life and career success? Researchers have shown that the names of job applicants can affect their chances of...
Persistent link: https://www.econbiz.de/10014347906
The development of production, prices and employment in the EU electrical industry between the mid-1970s and the mid … observed decline of the employment share of low-skilled workers. The direct effect of increased import competition on relative … employment seems to be small, except for the case of consumer electronics. Apparently, adjustment strategies induced by …
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