Between the start of the economic and financial crisis in 2008, and early 2010, almost four million jobs were lost in … and remains at around three million workers below the pre-crisis level. However, in comparison with the severity of the … labour hoarding in several euro area countries. While the crisis has, so far, had a more limited or shorter-lived impact in …

This article provides an assessment of labour market adjustments occurring in Estonia during the global crisis. As part … of the so-called internal devaluation, the strategy followed was very successful in shrinking the unit labour costs, thus … was used, at least in the worst time of the financial crisis: massive lay-offs, reduced working time and wage cuts. At mid …

This article provides an assessment of labour market adjustments occurring in Estonia during the global crisis. As part … of the so-called internal devaluation, the strategy followed was very successful in shrinking the unit labour costs, thus … was used, at least in the worst time of the financial crisis: massive lay-offs, reduced working time and wage cuts. At mid …

The objective of this paper is analyse the determinants of the Argentine crisis of 2001-2002. In particular we analyse … the role of macroeconomic policies during the crisis. The crisis coincided with a sudden stop of capital flows.We use a … VAR model to better understand the shocks and mechanisms by which the crisis propagated throughout the economy. We find …

This article provides an assessment of labour market adjustments occurring in Estonia during the global crisis. As part … of the so-called internal devaluation, the strategy followed was very successful in shrinking the unit labour costs, thus … was used, at least in the worst time of the financial crisis: massive lay-offs, reduced working time and wage cuts. At mid …

multiple currencies to deal with uncertainty in their optimal consumption bundles. We argue that this equilibrium is Pareto …

After a quarter of a century of floating among the major currencies, exchange rate policy is still source of vexation … market interventionl from time to time? Or should it fis its currency to some other currency or currencies, and if so to …

exchange rate and contagion effects have affected the probability of a currenycy crisis. Second, empirical shadow floating … crisis. …