Highly interconnected global supply chains make countries vulnerable to supply chain disruptions. In this paper, we estimate the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines business cycle variables with data from international container...

Workshop Program: Session 1: International Macro and Uncertainty; Session 2: What is happening to the Phillips curve?;

The conference seeks to bring together academics and policy makers to discuss the aggregate implications of structural reforms, both from a theoretical and an empirical perspective. Topics: - The macroeconomic impact of structural reforms, both in the short and long run - The optimal timing of...

With unemployment rising and potential growth faltering, labor market reform has become more necessary than ever in OECD countries. Divergences remain however vivid regarding the direction of reforms: Which labor contracts? What role for labor taxation? Which minimum wages? What role for labor...

Major Theme: The Way Forward - Austerity or Stimulus The Conference will seek to explore the apparent contradictions of the policy stances that are now emerging amidst the global unemployment crisis. More specific themes: - Reflections on the global financial crisis? Reform agendas etc. - Any...

The theme for this year's conference is The Aftermath of the Crisis and will thus focus on the challenges facing policy makers in the recovery phase. Participation will enable you to share ideas with some of the best researchers in this field about how we can quickly reduce the labour market...

This year will be the first for some time that official unemployment rates will rise. The overall predictions are that there could be around a million people unemployed in Australia by year's end. The underemployment rate will also rise. At present, around 10 per cent of the available labour...

Topics: - What is full employment? How is it defined and measured? How close are we to achieving full employment? What are the challenges that remain? - The increasing problem of underemployment and marginal workers. - The increased precariousness of work. - Has Work Choices worked? - wages,...