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This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment rate) in which equilibrium selection is not conditioned on a sunspot variable. Instead, large enough shocks initiate unavoidable transitions from one regime to the other. The...
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The harmonisation of fiscal and economic policy within the European Monetary Union (EMU) has had a considerable impact on the economies of member countries in the past decade. In particular, several studies indicate that the proceeding economic integration among euro area countries has important...
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national implementation reports submitted by Turkey, Lebanon, Jordan and Syria. These countries span two CCD regions as Turkey …
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The evaluation has three objectives: Provide an assessment on the attained results, their impact and sustainability, the good practices and pitfalls in Instrument for Pre-accession Assistance I(IPA I), European Neighbourhood Partnership Instrument (ENPI), Development Cooperation Instrument (DCI)...
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Macedonia, Kosovo*, Montenegro, Serbia and Turkey. …
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The next few months are the last opportunity for Turkey to take steps that could influence the european Commissionu0092 …
Persistent link: https://www.econbiz.de/10009636509