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admission to the European Union (EU), Poland and Hungary. Using a rational expectations, dynamic open economy aggregate supply … component of inflation has been demand driven, "core" inflation. Finally, policy implications of these findings regarding EU …
Persistent link: https://www.econbiz.de/10010518135
The answer to the question in the title is yes for the case of ad-valorem taxes, a foreign industry that produces a vertically differentiated good of higher quality, and costs that take the form of qualitydependent fixed costs for both the foreign and domestic firm. The domestic industry loses...
Persistent link: https://www.econbiz.de/10010518148
This paper provides a study of bond yield differentials among EU eurobonds issued between 1991 and 2002. Interest … differentials between bonds issued by EU countries and Germany or the USA contain risk premia which increase with the debt, deficit … spreads between EU countries and Germany/USA. The start of the European Monetary Union had significant effects on the bond …
Persistent link: https://www.econbiz.de/10010519044
rate risk premiums in the EU candidate countries as they undergo monetary convergence to the eurozone. The underlying …
Persistent link: https://www.econbiz.de/10010519049
This paper examines whether immigrants increase the likelihood of unemployment among native-born workers in the European Union. Earlier papers measure the presence of immigrants in the local labor market by computing the share of the foreigners in specific regions. This paper, instead, utilizes...
Persistent link: https://www.econbiz.de/10011313919
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10011325670
We use cohort data from 11 European countries to study whether experience profiles differ by educational attainment. Previous literature does not provide a clear answer to this question, that is important to evaluate private returns to education over the working life of individuals. We find...
Persistent link: https://www.econbiz.de/10011325979
Angesichts des globalen Wettlaufs um Afrikas Ressourcen ist die EU darauf aus, Wirtschaftliche Partnerschaftsabkommen … auf Augenhöhe schaffen. Viele Afrikaner verdächtigen die EU jedoch mit doppelter Zunge zu reden und egoistisch eigene … als Beispiel um zu zeigen, dass die Spannungen zwischen afrikanischen Ländern und der EU im Wesentlichen auf der …
Persistent link: https://www.econbiz.de/10011334765
Persistent link: https://www.econbiz.de/10000065411
Persistent link: https://www.econbiz.de/10012626053