The British foreign exchange reserves decreased by 40 percent during the period August 1996-December 1999 although the Pound Sterling is considered a floating exchange rate since it left the EMS in 1992. Since…
A comprehensive descriptive analysis of gender wage di erences over a long time period is missing for West Germany. Using an empirical approach which takes into account explicitely changes of wage distributions…
This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying…