Economic and Monetary Union in Europe brings together contributions from leading specialists which explain and evaluate the most important implications of economic and monetary union. The book examines theoretical aspects of monetary integration, illustrates the historical lessons to be learned...

This paper studies import demand in ten European countries over the period 1970-95, and our objective is to investigate whether the process of European integration has affected imports. We provide evidence for parametric change in traditional import demand equations, suggesting that important...

The global financial crisis will have a major impact on developed and developing countries alike. The developed and richer developing countries have begun to address the consequences of the crisis and have announced various fiscal stimuli. The G 20 countries have announced fiscal stimuli worth...

We provide empirical evidence for exogenous and endogenous catching-up of East German labour productivity to West German levels. We argue that labour productivity in East Germany has caught up faster than has happened elsewhere. The sudden formation of the German Monetary Union was followed by...

This paper uses the 1990-1998 Workplace Employee Relations Survey (WERS) panel data set to show that foreign establishments in Britain pay 13 per cent higher wages than domestic establishments. However, the differential disappears when we control for the skill structure within establishments.

Muchos problemas del desarrollo van más allá de las fronteras nacionales y tienen un carácter regional e incluso global. El reconocimiento de estos retos, los cuales van de la transmisión de enfermedades entre fronteras hasta la dispersión de inestabilidad financiera global, ha llevado a...

This paper uses the Workplace Employee Relations Survey panel for 1990-1998 to investigate the relationship between foreign ownership, skill-structure and use of microelectronic technologies in British establishments. We find that foreign-owned establishments are early adopters of new...

type="main" <p>By using the integrated assessment model RICE this article carries out a scenario analysis with different assumptions about international negotiations on climate change, in particular hypothesising about reduction in targets for greenhouse gas emissions, technology transfers and...</p>