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What is European Integration Really About? A Political Guide for Economists

Spolaore, Enrico - 2013

Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...

Persistent link: https://www.econbiz.de/10012459539

Strong Sterling Pound and Weak European Currencies in the Crises : Evidence from Covered Interest Parity of Secured Rates

Fukuda, Shin-ichi - 2016

In the post Lehman period, the interest rate of the US dollar became low on the forward contract because of"flight to quality" to the international currency. However, in the Euro crisis, that of the Sterling pound became equally low, while the other European currencies such as the Danish kroner...

Persistent link: https://www.econbiz.de/10012456735

Fiscal Adjustments in OECD Countries : Composition and Macroeconomic Effects

Alesina, Alberto - 1996

on three case studies: Denmark, Ireland and Italy …

Persistent link: https://www.econbiz.de/10012473108

Innovativity : A Comparison Across Seven European Countries

Mohnen, Pierre - 2006

: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway and Italy for the year 1992. Based on the estimation of a …

Persistent link: https://www.econbiz.de/10012466388

The "Austerity Myth" : Gain Without Pain?

Perotti, Roberto - 2011

detailed case studies, two - Denmark and Ireland - undertaken under fixed exchange rates (the most relevant case for many …All four episodes were associated with an expansion; but only in Denmark the driver of growth was internal demand … driver of growth was exports. In Ireland this occurred because the sterling coincidentally appreciated. In Finland and Sweden …

Persistent link: https://www.econbiz.de/10012461087

No Pain, No Gain : The Effects of Exports on Effort, Injury, and Illness

Hummels, David - 2016

Increased job effort can raise productivity and income but put workers at increased risk of illness and injury. We combine Danish data on individuals' health with Danish matched worker-firm data to understand how rising exports affect individual workers' effort, injury, and illness. We find that...

Persistent link: https://www.econbiz.de/10012456274

The Future of EMU : What Does the History of Monetary Unions Tell Us?

Bordo, Michael D. - 1999

The creation of EMU and the ECB has triggered a discussion of the future of EMU. Independent observers have pointed to a number of shortcomings or hazard areas' in the construction of EMU, such as the absence of a central lender of last resort function for EMU, the lack of a central authority...

Persistent link: https://www.econbiz.de/10012471419

The European Crisis in the Context of the History of Previous Financial Crises

Bordo, Michael D. - 2013

There are some striking similarities between the pre 1914 gold standard and EMU today. Both arrangements are based on fixed exchange rates, monetary and fiscal orthodoxy. Each regime gave easy access by financially underdeveloped peripheral countries to capital from the core countries. But the...

Persistent link: https://www.econbiz.de/10012459549

Were Trade and Factor Mobility Substitutes in History?

Collins, William J. - 1997

Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...

Persistent link: https://www.econbiz.de/10012472755

Malaria and Early African Development : Evidence from the Sickle Cell Trait

Depetris-Chauvin, Emilio - 2013

We examine the effect of malaria on economic development in Africa over the very long run. Using data on the prevalence … of the mutation that causes sickle cell disease we measure the impact of malaria on mortality in Africa prior to the …

Persistent link: https://www.econbiz.de/10012459059

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