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sector, four sub-sectors and twelve service sector branches. Recently, both Europe and the US have experienced an increase in … the share of service jobs in Europe relative to the US persists. Understanding the main factors behind this gap is key to …This paper investigates the determinants of the service sector employment share in the EU-15, for the aggregate service …
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This paper studies the role of wage moderation and labour and product market regulation for employment creation. To this end, labour demand estimates are presented for the five largest euro area countries at the aggregate level and for three macro sectors: manufacturing, construction and...
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continental Europe. A time-varying factor-augmenting production function (mimicking "directedʺ technical change) with a below …
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This paper studies the effect of foreign direct investment (FDI) on environmental policy stringency in a two-country model with trade costs, where FDI could be unilateral and bilateral and both governments address local pollution through environmental taxes. We show that FDI does not give rise...
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