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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/10013135827
We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...
Persistent link: https://www.econbiz.de/10014030811
This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...
Persistent link: https://www.econbiz.de/10013143688
This paper examines how stringent de facto firing regulations affect firm size throughout the developing world. We …
Persistent link: https://www.econbiz.de/10013037589
regulation to an international agent eliminates that distortion, increasing wages and aggregate welfare …
Persistent link: https://www.econbiz.de/10012965021
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets …
Persistent link: https://www.econbiz.de/10012868012
they threaten the stability of the world economy. More recently, the government debt crisis of the European Union shows …
Persistent link: https://www.econbiz.de/10012930946
The British Industrial Revolution triggered a reversal in the social order of society whereby the landed elite was replaced by industrial capitalists rising from the middle classes as the economically dominant group. Many observers have linked this transformation to the contrast in values...
Persistent link: https://www.econbiz.de/10012707835
The Great Recession did not only affect European countries to a varying extent, its impact on national labour markets and on specific socio-economic groups in those markets also varied greatly. Institutional arrangements such as employment protection, unemployment insurance benefits and minimum...
Persistent link: https://www.econbiz.de/10013118534
This paper looks at the effects of the 'Great Recession' on young people's labour market experiences in the European Union. The paper documents some of the key characteristics of young people's labour market experiences during the current recession and then seeks to provide some explanations of...
Persistent link: https://www.econbiz.de/10013108230