countries, but to a loss of manufacturing jobs. A more flexible labour market, lower concentration of employment in … manufacturing and pre-existing trade links with China and India help advanced countries to maximise the growth dividend resulting …This paper evaluates the impact of the rise of large emerging manufacturing exporters such as China and India on …

some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed … the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant …

indicate that the increasing share of services employment in total employment is helping to reduce unemployment among young …The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has …

some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed … the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant …

This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … Unemployment Rigidities (UR) and those that cause Real Wage Rigidities (RWR). The two types of institutions have opposite effects … and their interaction is crucial for the dynamics of inflation and unemployment. We estimate a panel VAR with …

We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people ….e., unemployment is ‘involuntary’). We integrate our model of involuntary unemployment into the simple New Keynesian framework with no … capital and use the resulting model to discuss the concept of the ‘non-accelerating inflation rate of unemployment’. We then …

productivity growth in these countries, focusing on a panel of Polish manufacturing industries. Companies in Poland seem to benefit …