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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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-receiving nations. Spain is no exception following the rapid increase in immigrant flows experienced over the past decade. We assess the … surplus ; Spain …
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Nach den Vereinigten Staaten drohen nun auch andere Länder in eine Immobilienkrise abzurutschen. Besonders in Großbritannien und Spanien sprechen bereits viele Anzeichen dafür, dass eine solche Krise bereits ausgebrochen ist, aber auch Frankreich könnte - neben einer Reihe von kleineren...
Persistent link: https://www.econbiz.de/10003764611
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 …
Persistent link: https://www.econbiz.de/10003766104