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wage growth and inflation in Europe and factors that influence the strength of the passthrough from labor costs to prices …. Historically, wage growth has led to higher inflation, but the impact has weakened since 2009. Empirical analysis suggests that the … passthrough from wage growth to inflation is significantly lower in periods of subdued inflation and inflation expectations …
Persistent link: https://www.econbiz.de/10012155053
lead to unemployment surges, as firms are forced to cut costs when financing becomes expensive or is no longer available …. As a result, all countries with risk premium shocks saw unemployment surge, even as euro area core countries managed to … contain unemployment as firms hoarded labor during the downturn. Most striking, wage bills in euro area crisis countries and …
Persistent link: https://www.econbiz.de/10012009587
restructuring models in Europe. These options reveal different policy approaches to the regulation of restructuring and insolvency …
Persistent link: https://www.econbiz.de/10012612340
This paper provides an overview of the design of means-tested Guaranteed Minimum Income schemes, which constitute an important component of social protection systems in European countries. It discusses how key design features differ across countries, including how countries balance the primary...
Persistent link: https://www.econbiz.de/10012605683
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 …
Persistent link: https://www.econbiz.de/10013170591
economies albeit using diverse strategies. This paper introduces a novel daily database of sectoral reopening measures in Europe …
Persistent link: https://www.econbiz.de/10012392075
While unemployment rates in Europe declined after the global financial crisis until 2018/19, the incidence of long …-term unemployment, the share of people who have been unemployed for more than one year to the total unemployed, remained high. Moreover …, the COVID-19 pandemic could aggravate the long-term unemployment. This paper explores factors associated with long …
Persistent link: https://www.econbiz.de/10012301932
This paper presents novel empirical evidence on the labor market integration of migrants across Europe. It investigates …
Persistent link: https://www.econbiz.de/10011932485
thesequestions looking at the experiences of Europe, which has a rich civil society tradition, as well as of Latin America, which …
Persistent link: https://www.econbiz.de/10011978365
corporate sector using midprice quotes for STCDOs referencing the iTraxx Europe index …
Persistent link: https://www.econbiz.de/10014400379