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This paper analyses differences in employment volatility in foreign-owned and domestic companies using firm-level data from 24 European countries. The presence of foreign-owned companies may lead to higher employment volatility because subsidiaries of multinational companies react more...
Persistent link: https://www.econbiz.de/10013051164
Persistent link: https://www.econbiz.de/10003947531
Increasing fragmentation of production across borders is changing the nature of international competition. As a result, conventional indicators of competitiveness based on gross exports become less informative and new measures are needed. In this paper we propose an ex-post accounting framework...
Persistent link: https://www.econbiz.de/10013072991
sets of results. First, house price returns in Europe are generally characterized by three (high, medium and low) phases …
Persistent link: https://www.econbiz.de/10013072994
both bank and country-level data. As outright bank failures have been rare in Europe, the paper introduces a novel dataset …
Persistent link: https://www.econbiz.de/10013074637
Lobbying can provide policy makers with important sector-specific information and thereby facilitating informed decisions. If going far beyond this, in particular if successfully influencing policy makers to unnecessarily tighten regulation or not opening already excessively regulated markets,...
Persistent link: https://www.econbiz.de/10012954407
This paper illustrates the main features of the Labour Module of the CompNet dataset which provides indicators of firm growth over the period 1995-2012 across 17 EU (13 euro area) countries and 9 macro-sectors. It also includes information on a large set of micro-aggregated characteristics of...
Persistent link: https://www.econbiz.de/10012957982
In this paper, we develop an analytical framework for conducting forward-looking assessments of profitability and solvency of the main euro area insurance sectors. We model the balance sheet of an insurance company encompassing both life and non-life business and we calibrate it using country...
Persistent link: https://www.econbiz.de/10012961958
Europe may at least partly stem from bank forbearance. The increasing survival of zombie firms congests markets and … strengthening efforts and insolvency regime reform would contribute to breaking the shackles on potential growth in Europe …
Persistent link: https://www.econbiz.de/10012892781
. Our findings confirm the presence of wage rigidities in Europe: first, collective pay agreements reduce the probability of …
Persistent link: https://www.econbiz.de/10012945757