IN THIS ISSUE...

This issue of the Bulletin reports research on labour markets in transition economies, together with conference and workshop proceedings on growth and/or trade, and their linkages with labour markets, factor mobility, factor transfers and/or location. Other topics include relationships between business cycles and financial markets, issues in corporate finance and macroeconomic modelling.

Transition Labour Markets

The fourth Forum report of the Economic Policy Initiative reports new research.

The fourth Forum report of the Economic Policy Initiative reports new research.

The fourth Forum report of the Economic Policy Initiative reports new research.

Speculative Attacks

Prediction and analysis of speculative attacks on foreign exchange reserves.

Growth, Trade and the Labour Market

From mechanisms to encourage innovation, to the effects of foreign trade on employment and wages.

Trade and Factor Mobility

Analyses of, and policy responses to, growing European labour migration.

Growth and Technology and Factor Transfers

The implications of globalization for the traditional view that factor transfers promote cross-border convergence.

Financial Markets and Business Cycles

Increased interaction is needed between research on international business cycles and research on expected returns and risks in financial markets.

Empirical Macromodels

Econometric analyses of the monetary transmission mechanism.

ERWIT - 1997

The annual European Research Workshop in International Trade.

EMU: North vs South?

Reconsideration of the potential ‘blocking’ power of countries excluded from EMU.

Rising Inequalities

Theoretical and empirical work explaining growing inequalities in income and employment in industrialized countries.

Corporate Finance

Recent theories and evidence.

Growth, Trade and Location

Convergence, spatial equilibria and geographical links between innovation and production.

Including manipulations of futures markets; EU-US preferential trade liberalization; lessons from the Swedish economic model; the impact of family and ethnic background on the educational achievements of subsequent generations; the role of industrial policy in transition countries; the effects of trade liberalization on growth; the distorting effects of labour taxes; schemes to reduce unemployment; and various aspects of the run-up to EMU.

Using quasi-experimental evidence from Austria to analyse the labour-market effects of changes in unemployment benefit duration. The effects of different forms of parental support for human capital investment decisions of young adults. The role of middlemen when buyers and sellers can also trade directly.