Showing 1 - 6 of 6
While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits …. Our main findings are that the current still elevated levels of unemployment mostly reflect structural factors. We then … turn to why structural unemployment is so high. This paper points to skill mismatches, high tax wedges, and unemployment …
Persistent link: https://www.econbiz.de/10014411437
We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with respect to trade uncertainty. We find that the...
Persistent link: https://www.econbiz.de/10011978678
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis...
Persistent link: https://www.econbiz.de/10012154992
This paper investigates the microeconomic origins of aggregate economic fluctuations in Europe. It examines the relevance of idiosyncratic shocks at the top 100 large firms (the granular shocks) in explaining aggregate macroeconomic fluctuations. The paper also assesses the strength of...
Persistent link: https://www.econbiz.de/10011748905
would generate mass unemployment, and a loss of productive capacity and firm-specific human capital. With many SMEs in …
Persistent link: https://www.econbiz.de/10012518752
but have limited effects on overall poverty, as many poor households do not earn a wage near MW and higher unemployment …
Persistent link: https://www.econbiz.de/10012251363