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A picture of European unemployment: success and failure

Nickell, Stephen - London School of Economics (LSE) - 2003

Average unemployment in Europe today is relatively high compared with OECD countries outside Europe. The majority of countries in Europe today have lower unemployment than any OECD country outside Europe, including the US. These two fa cts are consistent because the four largest countries in...

Persistent link: https://www.econbiz.de/10010884684

The Greek paradox of falling competitiveness and weak institutions in a high GDP growth rate context (1995-2008)

Pelagidis, Theodore - London School of Economics (LSE) - 2010

In this paper, we deal with some pieces of evidence that are necessary to explain the paradox of rapid GDP growth despite the dismal competitiveness of the Greek economy during 1995-2008. It is shown how the structural weaknesses of the Greek economy have hit the domestic economy investigating...

Persistent link: https://www.econbiz.de/10010745020

Changes in wage inequality

Machin, Stephen; Van Reenen, John - London School of Economics (LSE) - 2007

We examine trends in wage inequality in the US and other countries over the past four decades. We show that there has been a secular increase in the 90-50 wage differential in the US and the UK since the late 1970s. By contrast the 50-10 differential rose mainly in the 1980s and flattened or...

Persistent link: https://www.econbiz.de/10010746032

Ideology and economic activity

Morishima, Michio - London School of Economics (LSE) - 1986

with such institutions as the state, family structure, etc., constitute the superstructure of the society, as being no more …

Persistent link: https://www.econbiz.de/10010746218

A reflection of history: fluctuations in Greek sovereign risk between 1914 and 1929

Christodoulaki, Olga; Cho, Haeran; Fryzlewicz, Piotr - London School of Economics (LSE) - 2011

Time series of daily data for Greek sovereign risk have been compiled and analysed statistically to shed light on the way that historical events, including political and institutional changes, determined the creditworthiness of the Greek government on the London stock market from the start of...

Persistent link: https://www.econbiz.de/10010746222

How do domestic attributes affect international spillovers of CO2-efficiency?

Perkins, Richard; Neumayer, Eric - London School of Economics (LSE) - 2009

Although there is evidence that CO2-efficiency enhancing innovations in one country diffuse into other countries to contribute to the goals of climate change mitigation, very little is known about the conditions under which such international spillovers are most likely to take place. Our...

Persistent link: https://www.econbiz.de/10010746369

A model of equilibrium institutions

Guimaraes, Bernardo; Sheedy, Kevin D. - London School of Economics (LSE) - 2012

Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance …. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where … any group that exerts sufficient fighting effort can launch a rebellion that destroys the existing institutions. The …

Persistent link: https://www.econbiz.de/10010746446

A proposal for an open-source financial risk model

Ho Hwang, Jong - London School of Economics (LSE) - 2013

financial institutions, first to attempt to optimize the risk-return profile of mostly private economic rent-seeking entities …

Persistent link: https://www.econbiz.de/10011163501