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-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour … market shocks. Based on fixed-effects regressions using regional panel data, we find that Europe's migratory response to … measured population changes in Europe were due to migration for employment purposes - i.e. an upper-bound estimate - up to …
Persistent link: https://www.econbiz.de/10011798141
disparities, in particular within the Eurozone where there is no exchange-rate mechanism available to play this role. We shed some … new light on this question by comparing pre- and post-crisis migration movements at the regional level in both Europe and … in Europe. Indeed, in contrast to the pre-crisis situation and the findings of previous empirical studies, there is …
Persistent link: https://www.econbiz.de/10010238890
systems ; Europe ; Great Recession …
Persistent link: https://www.econbiz.de/10009516872
We study the response of real wages to the business cycle in eight major Eurozone countries before and during the Great …
Persistent link: https://www.econbiz.de/10011386663
The analysis of how the economic crisis in Europe has reshaped migration flows faces two challenges: (i) the …
Persistent link: https://www.econbiz.de/10009697665
The paper takes a comparative perspective on the labour market impact on G20 and EU countries of the financial and economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in relation to output or GDP reductions varies...
Persistent link: https://www.econbiz.de/10009302183
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries for the period between 1973 and 2015, we formally test the validity of this prediction for...
Persistent link: https://www.econbiz.de/10012022690
banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We …. Regarding the Eurozone crisis we find that newspapers connected to banks more exposed to stressed sovereign bonds are more …
Persistent link: https://www.econbiz.de/10013173241
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
We study how the EU enlargement in 2004 and the Great Recession in the late 2000s have shaped the scale and composition of migration flows from the New Member States to Germany. We demonstrate that immigration increased substantially despite the restrictions on the German labor market, and that...
Persistent link: https://www.econbiz.de/10009683010