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We study short- and long-term wage effects of two important elements of non-wage labour costs: firing costs and payroll taxes. We exploit a reform that introduced substantial reduction in these two provisions for unemployed workers aged less than thirty and over forty five years. Theoretical...
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the ECB since 1999 with Spanish macrofundamentals. We find that in the 1990s Spain implemented successfully a monetary … sub-optimal monetary policy. Spain's experience suggests a cautious approach with regards to the timing of further EMU …
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Großbritannien und Spanien sprechen bereits viele Anzeichen dafür, dass eine solche Krise bereits ausgebrochen ist, aber auch … Vereinigten Staaten, Großbritannien, Spanien und Frankreich gemeinsam auftretenden Immobilienkrisen untersucht. In einem solchem …
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the ECB since 1999 with Spanish macrofundamentals. We find that in the 1990s Spain implemented successfully a monetary … sub-optimal monetary policy. Spain's experience suggests a cautious approach with regards to the timing of further EMU … enlargement. -- Spain ; ECB ; monetary policy ; domestic fundamentals ; compatibility …
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