Showing 1 - 10 of 128
This paper provides an overview of the development of the conceptual framework underlying social protection programming and policy among the key international development institutions active in this sector. It sets out the historical, institutional and political factors underlying the current...
Persistent link: https://www.econbiz.de/10011799535
Persistent link: https://www.econbiz.de/10009637904
Persistent link: https://www.econbiz.de/10009638160
The paper analyses the evolution of the trade specialisation pattern in the ten countries which will join the EU in 2004, by studying the dynamics of their comparative advantages over the period 1993-2000. The study finds that, although some countries are still broadly relying on natural...
Persistent link: https://www.econbiz.de/10009635952
Pricing-to-market (PTM) behaviour implies that exporters adjust their prices to the prevailing prices in their export markets. For the importing country, PTM effects can be interpreted as a measure of the stability of domestic prices against foreign price and exchange rate developments. PTM...
Persistent link: https://www.econbiz.de/10009636522
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it is possible to control for unobserved heterogeneity at...
Persistent link: https://www.econbiz.de/10009640296
There is an ongoing debate in the literature about the quality content of Chinese exports and to what extent China … imposes a threat to the market positions of advanced economies. While China’s export structure is very similar to that of the … values reflect quality the prevailing view of the literature is that China exports low quality varieties of the same products …
Persistent link: https://www.econbiz.de/10009640686
This paper studies the informational content of the slope of the yield curve as a predictor of recessions in the euro area. In particular, the historical predictive power of ten yield spreads, for different segments of the yield curve, is tested using a probit model. The yield spread between the...
Persistent link: https://www.econbiz.de/10009636517
This study empirically examines the development of the high-yield segment of the corporate bond market in the United States, as a pioneer country, and the United Kingdom and the euro area, as later adopting countries. Estimated diffusion models show for the United States a significant pioneer...
Persistent link: https://www.econbiz.de/10009636536
monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market …
Persistent link: https://www.econbiz.de/10009636538