1. Is the world of work behind middle class reshuffling? / Daniel Vaughan-Whitehead, Rosalie Vazquez-Alvarez and Nicolas Maitre -- 2. Is the world of work stimulating middle class growth in the Baltic states? / Jaan Masso, Inta Mierina and Kerly Espenberg -- 3. Social concertation and middle...

EMU is a completely new policy regime which has significant economic implications and which, it is hoped, will ultimately enhance the role of Europe on the world stage. EMU and Economic Policy in Europe takes stock of the initial experiences of EMU and assesses the challenges which will have to...

The creation of the EU's Emission Trading Scheme (EU ETS) has turned the right to emit CO2 into a positively priced intermediate good for the affected firms. Firms thus face the decision whether to source compliance with the EU ETS within their boundaries or to acquire it through the permit...

This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...

Carbon leakage is an issue of major interest in both academic and policy debates about the effectiveness of unilateral climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions Trading System (EU ETS) covers emissions of many traded...

This papers analyzes the effect of the ECB’s Corporate Sector Purchase Programme (CSPP) and the recent Pandemic Emergency Purchase Programme (PEPP) on the yields of eligible green bonds, a new but rapidly growing segment of the corporate bond market. We exploit these policy changes using a...

This paper tests the independence property under the Coase Theorem in a large multinational cap-and-trade scheme for greenhouse gas emissions, the EU Emissions Trading System (EU ETS). I analyze whether emissions of power producers regulated under the EU ETS are independent from allowance...

Contents: 1. Curbing inequalities in Europe: the impact of industrial relations and labour policies / Daniel Vaughan-Whitehead and Rosalia Vazquez-Alvarez -- 2. Labour market inequalities in conditions of limited social dialogue: the case of the Baltic states / Jaan Masso, Maryna Tverdostup,...

Contents: 1. Convergence in the EU: what role for industrial relations? / Daniel Vaughan-Whitehead and Rosalia Vazquez-Alvarez -- 2. Social convergence of the Baltic states within the enlarged EU: is limited social dialogue an impediment? / Jaan Masso, Vladyslav Soloviov, Kerly Espenberg and...

This book provides in-depth and innovative analysis of the minimum wage in Europe. The authors explore its role and scope within the enlarged EU, and address the question of whether there should be harmonization between the individual member states or even a common EU minimum wage. They also...