Many low skilled jobs have been substituted away for machines in Europe, or eliminated, much more so than in the US …, while technological progress at the quot;topquot;, i.e. at the high-tech sector, is faster in the US than in Europe. This … paper suggests that the main difference between Europe and the US in this respect is their different labor market policies …

The extent of the demographic changes in Europe is dramatic and will deeply affect future labor, financial and goods … reactions to specific reforms. Which behavioral reactions will strengthen, which will weaken reform policies? Can Old Europe …

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …

the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been …

Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995 …, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth … growth within Europe. We document this tradeoff in the raw data, in regressions that control for the two-way causation …