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The macroeconomic impact of euro area labour market reforms : evidence from a narrative panel VAR

Rünstler, Gerhard - 2021

Using new quarterly narrative evidence, this paper examines the macroeconomic impact of reforms of unemployment … benefits (UB) and employment protection legislation (EPL) in the euro area from a Bayesian narrative panel VAR. The approach …

Persistent link: https://www.econbiz.de/10012627869

Labour tax reforms, cross-country coordination and the monetary policy stance in the euro area : a structural model-based approach

Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2018

We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open economy dynamic general equilibrium model. The model features the EA as a monetary union, split in two regions (Home and the rest of the EA - REA), the US, and the rest of the...

Persistent link: https://www.econbiz.de/10011792134

What’s going on behind the euro area Beveridge curve(s)?

Bonthuis, Boele; Jarvis, Valerie; Vanhala, Juuso - 2013

Persistent link: https://www.econbiz.de/10010195425

Disaggregating Okun's law : decomposing the impact of the expenditure components of GDP on euro area unemployment ; 2012 structural issues report

Anderton, Bob; Aranki, Ted; Bonthuis, Boele; Jarvis, Valerie - 2014

Persistent link: https://www.econbiz.de/10010482489

Macroeconomic stabilisation properties of a euro area unemployment insurance scheme

Kaufmann, Christoph; Attinasi, Maria Grazia; … - 2020

supranational unemployment insurance scheme. The model is calibrated to the euro area's core and periphery and features a rich …-regional correlation of unemployment and in ation increases by up to 52% and 27%, respectively, compared to the decentralised setting. The …

Persistent link: https://www.econbiz.de/10012241162

Effects of labour and product market regulation on worker flows : evidence for the euro area using micro data

Anderton, Bob; Di Lupidio, Benedetta - 2019

the probabilities of worker flows across employment and unemployment in euro area countries during the period 2000-2015 in …

Persistent link: https://www.econbiz.de/10012059053

Consumption effects of job loss expectations : new evidence for the euro area

Silva, António Dias da; Rusinova, Desislava; Weißler, … - 2023

lower levels of liquid wealth. This supports the notion that the persistence of the unemployment shock is an important …

Persistent link: https://www.econbiz.de/10014315230

A narrative database of labour market reforms in euro area economies

Aumond, Romain; Di Tommaso, Valerio; Rünstler, Gerhard - 2022

protection legislation and unemployment benefits. Estimates based on local projections find negative short-run effects of …

Persistent link: https://www.econbiz.de/10013168212

Fiscal policy adjustments in the euro area stressed countries : new evidence from non-linear models with state-varying thresholds

De Santis, Roberto A.; Legrenzi, Gabriella; Milas, Costas - 2015

Persistent link: https://www.econbiz.de/10011349798

Hysteresis in unemployment : evidence from OECD estimates of the natural rate

Ball, Laurence M.; Onken, Joern - 2021

This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates … for 29 countries from the OECD. We find strong evidence of hysteresis: an innovation in u causes u* to change in the same …

Persistent link: https://www.econbiz.de/10012705521