Recommendations for Europe
Chapter 2: The European Imbalance: Try a fiscal devaluation / Cut expenditure rather than raising taxes during fiscal consolidation / Reduce the Greek debt overhang brChapter 3: Labour Market Reforms and Youth Unemployment: Two-tier labour markets should be eliminated / Make dismissal costs for firms modest and predictable / Reconsider the automatic, legally binding extension of wage bargains across sectors / Vocational education, training and apprenticeships brChapter 4: US Precedents for Europe: Establish a common state before federalising debt / Limit liabilities / Fiscal Equity / Ensure that Europe's central bank is flexible and strictly governed / Set up a US-style settlement mechanism in Europe
Year of publication: |
2013
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Authors: | Bertola, Giuseppe ; Driffill, John ; James, Harold ; Sinn, Hans-Werner ; Sturm, Jan-Egbert ; Valentinyi, Ákos |
Published in: |
EEAG Report on the European Economy. - CESifo. - 2013, 02, p. 06-07
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Publisher: |
CESifo |
Saved in:
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