-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe …

.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 …

, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …

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 …

restructuring models in Europe. These options reveal different policy approaches to the regulation of restructuring and insolvency …

the COVID-19 pandemic on the auto sector and aggregate activity in Europe. Our results suggest that these labor supply … shocks would have a significant adverse impact on the major auto producers in Europe, with one-third of the decline in the …

economies albeit using diverse strategies. This paper introduces a novel daily database of sectoral reopening measures in Europe …

While unemployment rates in Europe declined after the global financial crisis until 2018/19, the incidence of long …

This paper presents novel empirical evidence on the labor market integration of migrants across Europe. It investigates …