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This paper explores the long run relationship between public and private investment in the euro area in terms of capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While private and public capital stocks are cointegrated, the...
Persistent link: https://www.econbiz.de/10010252646
Tertiary education has been expanding hugely over the last decades, so that tertiary dropout students will constitute a growing distinctive group in future labour markets. University dropout is regularly discussed as a "negative" indicator in terms of reinforcing socio-economic inequalities and...
Persistent link: https://www.econbiz.de/10010257352
This paper studies the costs and benefits of the adoption of the policy of free movement for workers. For the countries to agree on uncontrolled movement of workers, the short run costs must be outweighed by the long term benefits that result from better labor market flexibility and income...
Persistent link: https://www.econbiz.de/10010257603
's level. On the other hand, if neither EU nor US work time is optimal, then the sign of the EU-to-US welfare difference is … positive (ambiguous) if EU work time is greater (smaller) than the optimum, while simulations show that even in the latter case …, EU welfare is greater than US welfare if, relative to the optimum, the EU work "shortage" is smaller than the US work …
Persistent link: https://www.econbiz.de/10010258175
In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of Health, Aging and Retirement in Europe. In particular we test whether women's (men's) transitions out of the labor force are directly related to the actual realization of their...
Persistent link: https://www.econbiz.de/10010239271
The reduction of early school leaving to less than 10 percent of the relevant population by 2020 is a headline target in the Europe 2020 strategy and one of the five benchmarks of the strategic framework for European cooperation in education and training. Designing adequate policies to combat...
Persistent link: https://www.econbiz.de/10010224587
This paper presents information on labour market mobility in 23 EU countries, using Eurostat's Labour Force Survey (LFS … area and central eastern European EU (CEE EU) countries compared to Denmark and, particularly, Sweden. Moreover …, while it increased in the average CEE EU countries. At the same time, however, successful labour market entries (from …
Persistent link: https://www.econbiz.de/10010225764
This paper provides an overview of the employment situation of young and old workers in the EU Member States, setting …. Structural or general policies to enhance the functioning of EU labour markets are crucial to improving the situation of both … Union, although initiatives taken at the EU level can provide added value, particularly through stimulating the exchange of …
Persistent link: https://www.econbiz.de/10010228786
During the last decade, economists have intensively searched for evidence on the importance of the Balassa-Samuelson (B-S) hypothesis in explaining nominal convergence. One general result is that B-S can at best explain only part of the excess inflation observed in the European catching-up...
Persistent link: https://www.econbiz.de/10010191206
Using longitudinal data on individuals from the European Community Household Panel (ECHP) for thirteen countries during 1995-2001, I investigate the wage premium for permanent jobs relative to temporary jobs. The countries are Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland,...
Persistent link: https://www.econbiz.de/10010191293