This paper estimates a simple model of exchange rate policy where the Central Bank
optimises an objective function which takes into account competitiveness, its
commitment to the EMU and the cost of adjustment. We allow ...
Using a dataset that allows consistent cross-country comparisons the non-linearity in a conventional earnings equation is tested with respect to schooling. The findings suggest that the assumption of linearity is not robust ...
Education and Earnings in Europe is based on a two year pan-European research programme and presents an in-depth analysis of the returns to education in Europe. The book begins with a critical review of the literature which ...