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In a general equilibrium model of a small open economy with a nontraded goods sector involuntary low-skilled labour unemployment is introduced by an exogenously given wage rate, orientating ourselves by what has been called in the literature the 'European scenario'. By the concept of constrained...
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The peristence of European unemployment stands in striking contrast to the cyclical pattern of unemployment in the US. Many people attribute the rise in European unemployment to increased imbalances between the pattern of labour d¤ emand and supply - in other words, to greater mismatch, but...
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The awarding of UMTS mobile licenses in France gave rise to a passionate debate as well as to a rather fluctuating … France, only two candidates could be selected from a first tendering and a second one is now being organized in order to … of the present contribution is to show that auctions, although refused in France for the sake of "controlability" of the …
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