|
1 - 10 van 31 voor asymmetric shocks
Migration and regional adjustment to asymmetric shocks in transition economies | www.cpb.nl
... direct naar navigatie migration and regional adjustment to asymmetric shocks in transition economies facilieert migratie de regionale aanpassing van idiosyncratische schokken? de ervaring ... verkleinen van regionale verschillen in werkloosheid en lonen. migration and regional adjustment to asymmetric shocks in transition economies download (pdf document, 167.8 kb) cpb discussion paper pagina ...
cpb.nl
N:\...\discussion17.wp [PFP#331423159]
... policy to absorb asymmetric shocks. european monetary policy by the ecb is geared to shocks in the entire euro area and does not take account of asymmetric developments. also ... asymmetric shocks, either through labour mobility or through wage adjustment. given the low mobility of labour among european countries, wage adjustment is probably the most important instrument for absorbing asymmetric shocks ...
cpb.nl
N:\...\discussion4.wp [PFP#120744420]
... to asymmetric shocks (bayoumi and eichengreen (1993), something which might be amplified by a better functioning of the single market (krugman, 1993)1 . labour mobility can play a role in adjusting to shocks. in a single currency area the adjustment to asymmetric shocks can take place via price or quantity adjustment or via fiscal ...
cpb.nl
Microsoft Word - memo100
... for more international risk sharing, which helps stabilizing european economies in case of asymmetric shocks (teulings, 1999). however, the insurance market tends to fail due to adverse ... on verifiable characteristics, private insurance companies would be able to solve the asymmetric information problem. in particular, insurers can differentiate premiums according to observable characteristics ...
cpb.nl
129 The Welfare Gains From Stab [PFP#1092202722]
... the optimum currency area argument are that it holds true in case of asymmetric shocks only and that it assumes thatcountriesexhibithomogeneous industries (bofinger (1994)). only when a shock ... to be important deterrents to international investment. gordon and bovenberg (1994) argue that asymmetric information between countries provides the most plausible explanation for the lack of international ...
cpb.nl
bijlage_jaarrapportage2008.pdf
... 20 november 2008, amsterdam. bijl, p.w.j. de, asymmetric or symmetric regulation in telecommunications? (invited lecture), conferentie asymmetric regulation with regards to mobile termination rates, georganiseerd ... 2008, dublin. leuvensteijn, m. van, the importance of income and housing wealth shocks for residential mobility evidence from prepayment risk premiums, 11 april 2008, zurich. leuvensteijn ...
cpb.nl
Presentation at NETSPAR conference on rethinking retirement
... likely to hinder efficient workforce adjustment to shocks tending to lower labour reallocation (mortensen and pissarides, 1994; bentolila and bertola, 1990) reform of ep via asymmetric liberalisation of temporary contracts leads firms ...
cpb.nl
paper-flex-martin-2.pdf
... between regulation on temporary contracts and labour mobility is more straightforward. in particular, asymmetric liberalisation of temporary contracts while leaving in place stringent regulations for permanent contracts ... comprehensive strategy has to include appropriate macroeconomic policies to deal with demand-side shocks an important lesson from the recent great recession and vigorous steps to ...
cpb.nl
Microsoft Word - paper_flex_kramarz.doc
... in the us. for simplicity, the model that we describe below has no uncertainty, no asymmetric information that would explain why trials take place; everything is known and predictable; we ... respect to current labor market developments because lawyers' mobility is mostly driven by exogenous supply shocks due to lawyers location preferences, therefore making it a plausible instrument. b) judges and ...
cpb.nl
testing consumers asymmetric reaction wealth changes pdf
... indicators, but also shocks, are a determinant of the asymmetric reaction to wealth changes. combining the last two remarks (older individuals tend to be more asymmetric', retirees expectations of ... shocks in their wealth, as derived from their answers to categorial and subjective questions concerning wealth changes and from observed wealth data. the use of subjective questions to evaluate asymmetric ...
cpb.nl
| 