Search Results for: Market Regulation Cycles And Growth In A Monetary Union

We build a two-country currency union DSGE model with endogenous growth to assess the role of cross-country differences in product and labor market regulations

The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. Thi

A state-of-the-art overview of the impacts of structural reforms on growth, employment and inequality in Europe.

Standard New Keynesian (NK) models feature an optimal inflation target well below two percent, limited welfare losses from business cycle fluctuations and long-

We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real conv