Why did employment growth – high in the last decade – take place at the expense of young workers in the countries of Central and Southern Europe? This is the question addressed in this paper. Youth unemployment has approached or exceeded 20% despite a variety of factors, common to most EU...

We study the role of the most primitive institution in society: the family. Its organization and relationship between generations shape values formation, economic outcomes and influences national institutions. We use a measure of family ties, constructed from the World Values Survey, to review...

In this paper, we formulate a dynamic utility maximization model of female labor force participation and fertility choices and estimate approximate decision rules using data on married women in Italy, Spain and France. The pattern of estimated state dependence effects across countries is...

Der Sonderband "1989 -2009, Twenty Years of East-West Integration: Hopes and Achievements" enthält Beiträge von OeNB-Experten für die Region und von angesehenen nationalen und internationalen Experten, die den Transformationsprozess über die vergangenen Jahre beobachtet, analysiert und...