Showing 1 - 10 of 169
This paper tries to assess how the current program of European integration will affect the structure of the European retail banking industry. It is argued that trade in banking services is, and will presumably remain, limited, while there is still concern about possible trade diversion. Next, we...
Persistent link: https://www.econbiz.de/10005281299
distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial …
Persistent link: https://www.econbiz.de/10008468703
. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies …. The primary theme of the paper is that the differences between Europe and the United States have been substantially … exaggerated in recent work. Europe has neither greater nominal wage flexibility nor more rigid real wages than the United States …
Persistent link: https://www.econbiz.de/10005789135
The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is …
Persistent link: https://www.econbiz.de/10005504288
This paper constructs a theoretical model to study the effects on employment of the introduction of flexible labour contracts (i.e. with low firing costs), which occurred in many European countries in the 1980s, which it then tests on Spanish data. The model predicts that such contracts increase...
Persistent link: https://www.econbiz.de/10005504305
On the basis of a large (new) dataset of cities in Europe, North Africa and the Middle East in the millennium between … from Iraq (or more generally the Arab world) to Western Europe and to the shores of the Atlantic (during the 17th and 18th …
Persistent link: https://www.econbiz.de/10005504754
If the third stage of monetary union in Europe begins on 1 January 1999, not all EU countries will participate: two …
Persistent link: https://www.econbiz.de/10005497702
This paper provides a historical and geographical perspective on the composition of households in present-day Europe … recent increase in the proportion of one-person households been accompanied by any reduction in the variation within Europe … in the frequency of living alone, which remains much lower in Southern and parts of Eastern Europe than in Western Europe …
Persistent link: https://www.econbiz.de/10005497727
The paper analyzes the role of a multilateral payments union (PU) between East European countries (EEPU) as an intermediate solution in the process to full convertibility. After a description of the main functions of a PU, which is based on the historical model of the European Payments Union, it...
Persistent link: https://www.econbiz.de/10005497971
This Paper aims at improving the understanding of the transmission of shocks across countries and how this transmission may have changed over time. By employing a model that allows for parameter changes across regimes, we show that transmission of shocks from the US to European countries may...
Persistent link: https://www.econbiz.de/10005498077