This paper explores the influence of the economic cycle on labour mobility within the EU, focusing on the likely impact of the present economic crisis. To do so, we use an econometrically calibrated simulation and a case study of Ireland. We find that, in the short run, the crisis is likely to...

EU leaders are well aware of the relevance of migration in the European policy agenda. Thirty-two pages out of forty-eight of the Presidency Conclusions at the November 2004 European Council were devoted to migration policies. Economic theory suggests that there is a strong case for policy...

We estimate the impact of parental health on adult children’s labor market out- comes. We focus on health shocks which increase care dependency abruptly. Our estimation strategy exploits the variation in the timing of shocks across treated families. Empirical results based on Austrian...

Our study investigates the link between bank lending behavior and macroeconomic uncertainty. We develop a dynamic model of a bank's value maximization that results in a negative relationship between loan to capital ratio and macroeconomic uncertainty. This proposition is tested using a panel of...