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A source of anxiety of policy makers and the public in general is the detrimental impact of trade and immigration on unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify the supposed negative effect of immigration on labor markets....
Persistent link: https://www.econbiz.de/10010308243
This article addresses the issue of employment. Employment policy was and still is a rather important issue that has … crisis in 2008 influenced the employment rate of the workforce in most countries, including the EU Member States. Employment … has been a problem for the Republic of Moldova since its independence. In order to increase the employment levels of the …
Persistent link: https://www.econbiz.de/10012017310
This paper introduces an alternative indicator to evaluate the external sector behavior of a country or region. The objective of this indicator, titled 'The External Sector Vulnerability Monitoring Index' (henceforth ESVM) (λ), is to offer policy-makers and researchers a new analytical tool to...
Persistent link: https://www.econbiz.de/10014544532
In this paper, we estimate ERPT into imported input prices and export prices using disaggregated quarterly trade data for Switzerland over 2004–2011. We find evidence for high pass-through rates into imported input prices. This demonstrates the effectiveness of natural hedging. On the export...
Persistent link: https://www.econbiz.de/10011933325
Member countries of the Organisation of Petroleum Exporting Countries (OPEC) are always in the news regarding the prices and supply of crude oil to the international market. One of the economic reasons for this is liquidity and the desire to accumulate international reserves by the respective...
Persistent link: https://www.econbiz.de/10014516428
We use the World Input-Output Database (WIOD) combined with regional sectoral employment data to estimate the potential … regional employment effects of interna-tional trade barriers. We study the case of a no-deal Brexit in which imports to the …-tariff trade costs. Using input-output analysis, we estimate the potential output and employment effects for 56 industries and 43 …
Persistent link: https://www.econbiz.de/10013288342
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their relations with the hegemonic economy have been more symmetrical after "euroization". The dimensions explored are those inspired by the optimum currency areas (OCA) framework. To...
Persistent link: https://www.econbiz.de/10011708719
In this article, the issue of the monetary independence problem in view of the Romania's European Monetary Union accession is investigated empirically. It is frequently argued that for such a country, the main cost of participation in a currency area is the loss of monetary policy independence....
Persistent link: https://www.econbiz.de/10011868498
Exports of a nation can form a large part of its commercial card on the international market. Global consumer, according to the quality of exports, may associate a certain image about the country of origin. This article aims at explaining the relationship between exports and competitiveness of a...
Persistent link: https://www.econbiz.de/10012016970
Romanian exports represented, lately, a major engine of economic growth. However, only a deep analysis of these can reveal the factors that contributed to their competitiveness. Indicators that capture the changes in market shares provide the most accurate picture of the concept of...
Persistent link: https://www.econbiz.de/10012017023