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Monetary Union and Economic Growth [PDF]
In this speech, John Vickers, Executive Director and Chief Economist at the Bank, discusses possible links between monetary arrangements - in particular monetary union - and economic growth. He stresses that growth depends ultimately on how the real economy works: there is no monetary magic that can conjure up growth. But monetary policy can contribute
John Vickers
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The Economic Causes for the Scottish Union [PDF]
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Theodora Keith
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Economic growth in the European Union [PDF]
According to the empirical results expounded in the paper, the European Union’s economic growth since the 1960s has proceeded in many respects in conformity with regularities similar to those of the German economy.
Simon György Jr
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Trade Union Objectives and Economic Growth [PDF]
A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in shifting income away from the owners of capital to the workers and if the workers marginal propensity to save exceeds the one of capitalists. We make this point in an overlapping generations framework with unionized labor.
Andreas Irmen, Berthold U. Wigger
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ECONOMIC CRISIS AND ECONOMIC DISPARITIES IN EUROPEAN UNION [PDF]
The impact of the economic and financial crisis is still being felt. It started as an acute crisis of the banking system, but then quickly affected the real economy, causing a substantial slump in business investment, household demand and output.
Rodica CRUDU
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Economic and Monetary Union in Europe [PDF]
The European Council's Maastricht Agreement maps out a precise route to monetary union and the eventual introduction of a common currency. My discussion begins with a look at the general arguments for and against monetary union. I shall then discuss the proposed constitution of the European Central Bank and whether it is likely to be conducive to ...
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Economic Unions and the Gravity Model: Evidence from Eurasian Economic Union
The purpose of this study is to analyze trade creation and trade diversion effects in the Eurasian Economic Union (EEU), which is an evolution of regional trade agreements.
R. Tumanyan
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Regional integration and economic performance: evidence from the Eurasian Economic Union
There is a strong relationship between regional integration and economic performance. This paper investigates the impact of regional integration on macroeconomic indicators in the Eurasian Economic Union (EAEU) – a trade block created by the former ...
Evgeniya Pomerlyan, M. Belitski
semanticscholar +1 more source
Trade unions and economic inequality [PDF]
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Lydia Hayes+3 more
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On Public Spending and Economic Unions [PDF]
We analyze the conduct of fiscal policy in a financially integrated union in the presence of financial frictions. Frictions create a wedge between the return to investment and the union interest rate. This leads to an over-spending externality. While the social cost of spending is the return to investment, governments care mostly about the (depressed ...
Broner, Fernando+2 more
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