Narrow search
Showing 1 - 10 of 134
Cover Image
Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness
Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - Institute for the Study of Labor (IZA) - 2009
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10008632737
Cover Image
Understanding Inter-Industry Wage Structures in the Euro Area
Genre, Véronique; Kohn, Karsten; Momferatou, Daphne - Institute for the Study of Labor (IZA) - 2009
This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging information from the OECD Structural Analysis database with data from the EU Labour Force Survey, we construct a cross-country panel of 22 industries in 8 euro area countries for...
Persistent link: https://www.econbiz.de/10005703494
Cover Image
Downward Nominal Wage Rigidity in Europe: An Analysis of European Micro Data from the ECHP 1994-2001
Knoppik, Christoph; Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2005
This paper substantially extends the limited available evidence on existence and extent of downward nominal wage rigidity in the European Union and the Euro Area. For this purpose we develop an econometric multi-country model based on Kahn’s (1997) histogram-location approach and apply it to...
Persistent link: https://www.econbiz.de/10005822909
Cover Image
Migration as an Adjustment Mechanism in the Crisis? A Comparison of Europe and the United States
Jauer, Julia; Liebig, Thomas; Martin, John P.; Puhani, … - Institute for the Study of Labor (IZA) - 2014
disparities, in particular within the Eurozone where there is no exchange-rate mechanism available to play this role. We shed some … be absorbed by migration within a year. However, in the Eurozone the reaction mainly stems from migration of third …-country nationals. Even within the group of Eurozone nationals, a significant part of the free mobility stems from immigrants from third …
Persistent link: https://www.econbiz.de/10010884205
Cover Image
Real Unit Labour Costs in Eurozone Countries: Drivers and Clusters
Ordóñez, Javier; Sala, Hector; Silva, José I. - Institute for the Study of Labor (IZA) - 2014
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong …
Persistent link: https://www.econbiz.de/10010884247
Cover Image
Capital Prices and Eurozone Competitiveness Differentials
Askenazy, Philippe - Institute for the Study of Labor (IZA) - 2013
Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour …
Persistent link: https://www.econbiz.de/10010627845
Cover Image
Macroeconomic Volatilities and the Labor Market: First Results from the Euro Experiment
Merkl, Christian; Schmitz, Tom - Institute for the Study of Labor (IZA) - 2010
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …
Persistent link: https://www.econbiz.de/10008611512
Cover Image
Does the Size of the Effect of Adverse Events at High Ages on Daily-Life Physical Functioning Depend on the Economic Conditions Around Birth?
Scholte, Robert; den Berg, Gerard J. van; Lindeboom, Maarten - Institute for the Study of Labor (IZA) - 2014
This paper considers determinants of physical-functional limitations in daily-life activities at high ages. Specifically, we quantify the extent to which the impact of adverse life events on this outcome is larger in case of exposure to adverse economic conditions early in life. Adverse life...
Persistent link: https://www.econbiz.de/10010884074
Cover Image
Unemployment Transitions to Stable and Unstable Jobs Before and During the Crisis
Nagore García, Amparo; van Soest, Arthur - Institute for the Study of Labor (IZA) - 2014
Using administrative records data from Spanish Social Security, we analyse the pattern and the determinants of individual unemployment benefit spell durations. We compare a period of expansion (2005-2007) and the recent recession (2009-2011), allowing us to determine the impact of the current...
Persistent link: https://www.econbiz.de/10010884159
Cover Image
Why is Old Workers' Labor Market More Volatile? Unemployment Fluctuations over the Life-Cycle
Hairault, Jean-Olivier; Langot, François; Sopraseuth, … - Institute for the Study of Labor (IZA) - 2014
Since the last recession, it is usually argued that older workers are less affected by the economic downturn because their unemployment rate rose less than the one of prime-age workers. This view is a myth: older workers are more sensitive to the business cycle. We document volatilities of...
Persistent link: https://www.econbiz.de/10010884226