This paper analyzes the recently documented instability of money demand in theeuro area in the framework of a Markov switching trend model. First, we consider astandard flexible price model with stable money demand, rational expectations, andan exogenous income-money ratio which follows a Markov...

The relationship between inflation and the relative variability of prices has been the subject ofcareful investigation in the US using data for product groups at the city level. Yet in Europe,where the relationship could have profound effects on the viability of monetary integration, noattempt...

For decades, trade between Europe and China has grown consistently, which has resulted in increased container transportation volumes. Such transportation has been dominated by sea-based options. However, over the years, an air-based mode of transport was developed, while it has lately become...

The founding of modern Egypt by Muhammad Ali Pasha required an appropriately modern economy, with industry following the model of more advanced European states. The Pasha of Egypt in- volved himself personally in every phase of the organization of Egyptian industry, garnering the experiences of...

During the First World War, the film industry of the major European countries experienced a lasting crisis, which necessitated significant restructuring and prompted appeals for state intervention to counterbalance the invasion of American films. As the extent of this crisis did not affect all...

Showcasing data from all areas of the ILC program and other sources, Charting International Labor Comparisons is a gateway to explore how key labor market and other national economic measurements compare across countries. There are links to previous editions of the Chartbook of International...

This authors of this report also review the levels of development that support e-commerce in regions within Europe.

Das deutsche Arbeitsschutzrecht hat durch die Rechtssetzung der Europäischen Unionwichtige Impulse erfahren.(...)

Der Beitrag stellt Ergebnisse des SOFI-Projektes "Organisation von Innovationsprozessen in der Halbleiterindustrie" vor, das im Rahmen des"Verbundes Sozialwissenschaftliche Technikforschung" vom Bundesministerium für Bildung und Forschung gefördert wurde. Das Projekt hat die Veränderung von...