ECB Labour market mismatches in euro area countries, March 2002
ثبت نشده
چکیده
Telex 411 144 ecb d All rights reserved. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged. 3 E C B • L a b o u r m a r k e t m i s m a t c h e s i n e u r o a r e a c o u n t r i e s • M a r c h 2 0 0 2
منابع مشابه
Monetary and Fiscal Policy Design under EMU: A Dynamic Game Approach
The European Union (EU) countries have started the Economic and Monetary Union (EMU) on January 1, 1999. With the EMU, the EU countries replaced their national currencies and national monetary policy autonomy by a common currency, the Euro, and a common monetary policy that is designed and implemented by the European Central Bank (ECB). A common currency was considered to form the completion of...
متن کامل1. : the Implications of Diversity in Consumption Behaviour for the Choice of Monetary Policy Rules in Europe
Differences in economic structures across countries have potentially important implications for the conduct of monetary policy in the Euro Area. One facet of this lies in consumer expenditure behaviour. Our objective is to analyse the policy implications of assuming maximal and minimal differences between European economies using the empirical macroeconometric model NiGEM. We assess the perform...
متن کاملECB Monthly Bulletin, February 2009, Article: New survey evidence on wage setting in Europe
A proper understanding of the patterns, sources and implications of wage and labour cost dynamics is an essential requirement for the effective conduct of monetary policy. Wage costs are an important determinant of prices. The fi ndings of the Infl ation Persistence Network (IPN), a Eurosystem research network analysing the features and determinants of price setting in the euro area, suggest th...
متن کاملWhat Might Central Banks Lose or Gain in Case of Euro Adoption – A GARCH - Analysis of Money Market Rates for Sweden , Denmark and the UK
This study deals with the question whether the central banks of Sweden, Denmark and the UK can really influence short-term money markets and thus, would lose this influence in case of Euro adoption. We use a GARCH-M-GED model with daily money market rates. The model reveals the co-movement between the Euribor and the shortterm interest rates in these three countries. A high degree of co-movemen...
متن کاملGlobal Financial Market Impact of the Announcement of the ECB's Extended Asset Purchase Programme - Institute Working Paper 232 - Dallas Fed
Abstract We estimate the impact of the ECB’s announcement of the extended asset purchase programme (EAPP) on 22 January 2015 on global equity prices, bond yields and the euro exchange rate. We find that the EAPP announcement benefited global financial markets by boosting equity prices in the euro area and the rest of the world. At the same time, the EAPP announcement caused a depreciation of th...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2002