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a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks … is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time …
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We use high-frequency indicators to analyze the economic impact of COVID-19 in Europe and the United States during the …
Persistent link: https://www.econbiz.de/10012299321
-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe …
Persistent link: https://www.econbiz.de/10014397470
.S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all … force to employment shocks is much greater in the United States compared to Europe. The strong labor force response in the … United States prevents any persistence in relative regional unemployment rates whereas the lack of mobility in Europe results …
Persistent link: https://www.econbiz.de/10014398207
, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …
Persistent link: https://www.econbiz.de/10014395687
Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas where there is scope for increasing expenditure efficiency, with a view to achieving higher quality and more sustainable fiscal consolidation. The methodology is based on a...
Persistent link: https://www.econbiz.de/10011436803
million companies in Europe. We document a positive association between corporate return on assets and the share of women in …
Persistent link: https://www.econbiz.de/10011445356
The paper uses survey data to analyze whether financial market expectations on government budget deficits changed in France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings indicate that accuracy of financial expert deficit forecasts...
Persistent link: https://www.econbiz.de/10014412192