Member countries of a currency union like the euro area have absorbed asymmetric shocks in ways that are inconsistent with a common nominal anchor. Based on a reformulation of the gravity model that allows for…
Local labor markets show strong regional differences in labor outcomes and economic conditions. Regional differences affect the welfare of local populations as well as the effectiveness of local policy…
The relationship between ageing and skills is becoming an important policy issue, not least in the context of population ageing. Data from the Programme for the International Assessment of Adult Competencies…
The acquisition of ownership rights by a firm in its suppliers is a common feature in various industries. Often, these acquisitions are reduced to a participation in the target's cash flow, and not associated…
![[Translate to English:] Titelbild des ZEW Monthly](/fileadmin/_processed_/5/2/csm_CB_2024_04_DE_4e3c4c06e4.jpg "[Translate to English:] ZEW Monthly April 2024")
