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Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives' and immigrants …' labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10010273772
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives' and immigrants …' labour supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10010273850
Persistent link: https://www.econbiz.de/10011554910
This article studies the responses of real wages and labour market flows of immigrants in Spain for the period between … impact of immigration. …
Persistent link: https://www.econbiz.de/10013252566
Persistent link: https://www.econbiz.de/10011590045
Persistent link: https://www.econbiz.de/10012216604
Persistent link: https://www.econbiz.de/10003483274
Euro area (Germany, France, Italy and Spain), the UK and the USA. The result are very different for the countries …
Persistent link: https://www.econbiz.de/10003485609
-unemployment tradeoff for Spain and examine how recent policy changes have affected it. …
Persistent link: https://www.econbiz.de/10003473835
We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the United Kingdom are updated about once a year, in...
Persistent link: https://www.econbiz.de/10003377091