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Persistent link: https://www.econbiz.de/10001399636
With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To...
Persistent link: https://www.econbiz.de/10001352244
is in eighth position in the ranking of EU countries as in the previous year. With an annual rate of change of 1.8 %, the … the two sectors diverged further and is now equal to 21 %, the largest intersectoral wage gap of all the EU countries … allen EU Mitgliedsländern. Die Anpassungsprozesse der Krisenländer haben sich auch im Jahr 2014 fortgesetzt, so dass die …
Persistent link: https://www.econbiz.de/10011413787
Sektoren von allen EU Mitgliedsländern.Die Anpassungsprozesse der Krisenländer haben sich auch im Jahr 2015 fortgesetzt, so ….7 Euros. The German economy is in eighth position in the ranking of EU countries, as in the previous year. With an annual rate … the two sectors still exceeds 21 %. This is the largest intersectoral wage gap of all the EU countries.The adjustment …
Persistent link: https://www.econbiz.de/10011499985
.70 €. The German economy is in eighth position in the ranking of EU countries, as in the previous year. With an annual rate of … sectors still exceeds 21 %. This is the largest intersectoral wage gap of all the EU countries. The adjustment process in the … Sektoren von allen EU Mitgliedsländern. Die Anpassungsprozesse der Krisenländer haben sich auch im Jahr 2015 fortgesetzt, so …
Persistent link: https://www.econbiz.de/10011528975
The Eurosystem staff forecasts are conditional on the financial markets, the global economy and fiscal policy outlook, and include expert judgement. We develop a multi-country BVAR for the four largest countries of the euro area and we show that it provides accurate conditional forecasts of...
Persistent link: https://www.econbiz.de/10011975386
This paper studies the relationship between the business cycle and financial intermediation in the euro area. We establish stylized facts and study their stability during the global financial crisis and the European sovereign debt crisis. Long-term interest rates have been exceptionally high and...
Persistent link: https://www.econbiz.de/10012000041
Persistent link: https://www.econbiz.de/10011619704
. Just like in the previous year, the German economy is in eighth position in the ranking of EU countries. With an annual … extended period to support the ongoing economic adjustment processes in these countries and to counter the risk of deflation in …
Persistent link: https://www.econbiz.de/10010458247
Persistent link: https://www.econbiz.de/10012174762