Showing 1 - 10 of 313,041
This book makes a unique contribution to the assessment of Eurozone’s foundations and viability by drawing on factor … mobility. It makes essential reading for all professionals keen in Eurozone economics and anyone with a genuine interest on the … future of EU/Eurozone. Static and dynamic econometric analysis provide an excellent guide to quants specialists and at the …
Persistent link: https://www.econbiz.de/10014333795
Persistent link: https://www.econbiz.de/10013439989
Persistent link: https://www.econbiz.de/10011996497
Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? In our model, we show that perfect (costless) labour mobility is not necessarily welfare improving, since it prevents the national fiscal authorities from...
Persistent link: https://www.econbiz.de/10010471847
Persistent link: https://www.econbiz.de/10011648752
Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? We address this issue with a two country - two period model, where both asymmetric and symmetric productivity shocks may hit the countries. We show that...
Persistent link: https://www.econbiz.de/10011774372
Persistent link: https://www.econbiz.de/10012172595
Persistent link: https://www.econbiz.de/10014226922
This paper argues that the loose monetary policy of two of the world’s most important financial institutions-the US Federal Reserve Board and the European Central Bank-were ultimately responsible for the outburst of global financial crisis of 2008 - 09. Unusually low interest rates in 2001 -...
Persistent link: https://www.econbiz.de/10011402491
Persistent link: https://www.econbiz.de/10011303532