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Monetary policy -- European Union countries.

Convergence and divergences in the european economy : rebalancing and being competitive in a non‐optimal monetary union

Convergence and divergences in the european economy : rebalancing and being competitive in a non‐optimal monetary union

... on the Causes of the Financial and Economic Crisis, 2011) Or on the other hand, is the way to recovery the shortening of the public deficit via reducing expenditures in a context of fall in revenue (fiscal scissors)? ...

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Forms of flexibility in the social policy of the European Union

Forms of flexibility in the social policy of the European Union

... a European legislation with a weak social ...which Union institutions cannot act or can only act in a very limited way, but this does not mean that their decisions will undermine the social policies of the ...

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Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe

Asymmetric Shocks and Risk Sharing in a Monetary Union: Updated Evidence and Policy Implications for Europe

... Academic research on the asymmetry of shocks to regions and nations dates back at least to Cohen and Wyplosz (1989) and Weber (1991), who study country-level output growth- rate correlations for European ...

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Essays on uncertainty, monetary policy and financial stability

Essays on uncertainty, monetary policy and financial stability

... member countries of the European Union found themselves at the brink of defaulting and leaving the common cur- rency, experiencing deep slumps in output and unemployment rate surges of up to ...the ...

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Non-conventional monetary policy of the European Central Bank during the financial crisis

Non-conventional monetary policy of the European Central Bank during the financial crisis

... Eurozone countries, and European Union institutions under the Public Sector Purchase Programme ...the European Central Bank (close but below ...Eurozone countries following the ...

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Ethnic identity and labor market: Evidence from European Union Countries

Ethnic identity and labor market: Evidence from European Union Countries

... for European ethnic minorities the depth of ethnic identity was positively correlated with the propensity to use informal methods to find jobs, a result consistent with ethnic identity playing a role in ethnically ...

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Enlargements of the European Union

Enlargements of the European Union

... different countries despite the currency of the ...poorer countries of the whole organization, which is significant from the preparatory process of the enlarging of the ...for policy-making in many ...

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Monetary policy and the output gap

Monetary policy and the output gap

... an monetary policy, in a small open economy like the Colombian, must take in to account, the Trilema of monetary policy and the nominal anchor of the economy, in this context, the central bank ...

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friedman the role of monetary policy

friedman the role of monetary policy

... In principle, it can use this control to peg a nominal quantity-an exchange rate, the price level, the nominal level of national income, the quantity of motney by one or another defi[r] ...

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Trade defence in European Union

Trade defence in European Union

... Third countries use the trade defence instruments against the EU guite intense. There were 146 measures in force at the end of 2011, which represents and increase of 23 measures as compared to last year's. This is ...

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Essays on monetary and fiscal policy

Essays on monetary and fiscal policy

... Our paper contributes to the recent theoretical literature of fiscal policy in a monetary union. Corsetti and Pesenti (2001) analyze the spillovers induced by public spending through changes in the ...

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Essays in monetary and fiscal policy

Essays in monetary and fiscal policy

... Second critical difference of the economy with consol bonds compared to that with one-period bonds is the speed of debt adjustment. This difference is also a direct con- sequence of immunity of the government budget to ...

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Essays on Monetary and Fiscal Policy

Essays on Monetary and Fiscal Policy

... of monetary policy rules abstracting from credit frictions might be misleading, in particular if central bankers are concerned with macroeconomic stabilization ...

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friedman monetary policy theory and practice

friedman monetary policy theory and practice

... Ever since the establishment of the Federal Reserve System, every chairman of the Federal Reserve Board, indeed, I suspect every member of the board, has proclaimed that the Federa[r] ...

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Essays on monetary policy and learning

Essays on monetary policy and learning

... optimal policy under decreasing gain learn- ...optimal policy is aggressive on inflation even at the cost of higher output gap volatility, (2) optimal policy under learning qualitatively resembles ...

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Spain entering the European Union

Spain entering the European Union

... • 28 de julio 1977 28 de julio 1977 , solicitud formal de adhesión de , solicitud formal de adhesión de España a las Comunidades Europeas. España a las Comunidades Europeas[r] ...

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The monetary policy dilemma: A trilogy in V parts

The monetary policy dilemma: A trilogy in V parts

... es: “…¿cómo es que esta vez los hombres de negocios –empresarios con un historial general excelente en la previsión de la demanda y costes– pujaron de un modo tan excesivo [r] ...

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SUSTAINABLE HUMAN DEVELOPMENT FOR EUROPEAN COUNTRIES

SUSTAINABLE HUMAN DEVELOPMENT FOR EUROPEAN COUNTRIES

... different countries can probably be traced back to the pioneering United Nations Reports in which specific recommendations were made against the use of this indicator as a measure of the level of living ...

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Convergence issues in the European Union

Convergence issues in the European Union

... El siguiente trabajo, titulado European Labour Markets under Convergence Pres- sure y realizado por A. Borghijs y A. Van Poek, plantea los retos que deben afrontar los mercados de trabajo europeos, dado el elevado ...

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Assessing convergence across the European Union

Assessing convergence across the European Union

... that countries with a lower log per capita GDP at the initial moment of the sample, have higher growth rates (β convergence ) and their dispersion tend to fall (σ ...the European Union (13 ...

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