This paper investigates dynamic currency hedging benefits, with a further focus on the impact of currency hedging before and during the recent financial crises originated from the subprime and the Euro sovereign bonds. We take the point of view of a Euro-based institutional investor who...

Against the background of governments' consolidation strategies, ETUI researcher Vera Glassner provides an overview of recent developments in terms of pay, employment and reforms of the pay system in the public sector. Cuts and freezes of public sector wages were most frequently imposed...