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This book offers a long overdue and refreshing Keynesian approach to the rise of European unemployment. It critically discusses the NAIRU theory and presents econometric evidence to assess the relative importance of capital investment and labor market institutions. The author also explores the...
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The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. These discussions suggest that capital can move freely between countries. However, there is ample evidence that national borders do matter and that there are many...
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"Productivity is an essential concept in almost every field related to Economics and Management. As Paul Krugman wrote in \The Age of Diminishing Expectations (1994)" \Productivity isn't everything, but in the long run it is almost everything. A country's ability to improve its standard of...
Persistent link: https://www.econbiz.de/10012990162
The process of monetary integration in Europe began amid widespread skepticism among economists about the project. But today the success of the euro has prompted a reconsideration of whether monetary unions should be implemented elsewhere. This CESifo volume assesses contemporary theoretical and...
Persistent link: https://www.econbiz.de/10013481745
by using a micro-aggregated dataset for 20 EU economies produced by CompNet, the Competitiveness Research Network …, established some 10 years ago among major European institutions and a number of EU productivity boards, National Central Banks …, National Statistical institutes, as well as academic Institutions. They call for pan-EU initiatives involving statistical …
Persistent link: https://www.econbiz.de/10013272623