Similar Search Results

Implementing greenhouse gas trading in Europe : lessons from economic theory and international experiences

Boemare, Catherine; Quirion, Philippe - 2002

emission trading schemes, stressing their discrepancies with textbook requests, is thus useful to increase the chances of … forthcoming emission trading schemes to go through the political process without being watered down. We thus review ten emission … to be aware of when designing an emission trading system: participants, spatial coverage, permits allocation, temporal …

Persistent link: https://www.econbiz.de/10011596941

Farm animal biodiversity conservation activities in Europe under the framework of Agenda 2000

Signorello, Giovanni; Pappalardo, Gioacchino - 2002

the European Union (EU), as a result of the application of EC Regulations 1257/99 and 1750/99. We surveyed 69 Rural … Development Plans (RDPs) set up in EU Member States. Our analysis focuses on six livestock mammalian species: asses, cattle, goats … suggest the need for a revision of the current EU supporting measures related to the conservation of livestock biodiversity …

Persistent link: https://www.econbiz.de/10011596951

The development of monetary policy in the 20th century - some reflections

Issing, Otmar - 2010

In this paper I outline - from a practitioner's as well as from a researcher's perspective - several of the key developments that took place during the last century in monetary policy. In particular, I describe how the monetary system evolved from gold standard, prevailing throughout most of the...

Persistent link: https://www.econbiz.de/10011596989

The margins of labour cost adjustment : survey evidence from European firms

Babeckij, Jan; Du Caju, Philip; Kosma, Theodora; … - 2009

Firms have multiple options at the time of adjusting their wage bills. However, previous literature has mainly focused on base wages. We broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data...

Persistent link: https://www.econbiz.de/10011597045

Downward nominal and real wage rigidity : survey evidence from European firms

Babeckij, Jan; Du Caju, Philip; Kosma, Theodora; … - 2009

It has been well established that the wages of individual workers react little, especially downwards, to shocks that hit their employer. This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. We...

Persistent link: https://www.econbiz.de/10011597048

Fiscal sustainability and policy implications for the euro area

Balassone, Fabrizio; Cunha, Jorge Correia da; Langenus, … - 2009

critically assess the widely used projections of the Working Group on Ageing Populations (AWG) of the EU's Economic Policy …

Persistent link: https://www.econbiz.de/10011597068

How are firms' wages and prices linked : survey evidence in Europe

Druant, Martine; Fabiani, Silvia; Kézdi, Gábor; Lamo, Ana - 2009

This paper presents new evidence on the patterns of price and wage adjustment in European firms and on the extent of nominal rigidities. It uses a unique dataset collected through a firm-level survey conducted in a broad range of countries and covering various sectors. Several conclusions are...

Persistent link: https://www.econbiz.de/10011597187

Evaluating a monetary business cycle model with unemployment for the euro area

Groshenny, Nicolas - 2009

This paper estimates a medium-scale DSGE model with search unemployment by matching model and data spectra. Price mark-up shocks emerge as the main source of business-cycle fluctuations in the euro area. Key factors in the propagation of these disturbances are a high degree of inflation...

Persistent link: https://www.econbiz.de/10011597193

The effects of privatization on R&D investments and patent productivity

Munari, Federico; Sobrero, Maurizio - 2002

Over the last two decades privatization programs in different countries radically reduced the role of the State as a key player in the economic arena. We use agency theory to discuss the theoretical relationship between changes in the firm's principal-agent structure following privatization, and...

Persistent link: https://www.econbiz.de/10011597627

Complying with the Kyoto Protocol under uncertainty : taxes or tradable permits?

Quirion, Philippe - 2002

The Kyoto Protocol on climate change allocates tradable quotas to developed countries, but let them free to choose the means to respect their quota. There are good reasons for a country not to control its firms through internationally tradable permits. We thus compare a tax and purely domestic...

Persistent link: https://www.econbiz.de/10011597628