We analyse the characteristics of workers who provide work on the basis of a civil or commercial contract, but who are dependent on or integrated into the firm for which they work. We argue that these dependent self-employed lose their rights under labour law, receive less favourable benefits...

We observe that economic restructuring is significantly changing organizational governance. On the one hand, we witness an increase in mergers amp; acquisitions, which substitutes markets for hierarchies and, on the other hand, we see an increase in outsourcing and subcontracting activities,...

Die Transformation hierarchischer betrieblicher Steuerung in relationalen Vertrags- und Tauschbeziehungen hat in vielen europaeischen Laendern zu einer Zunahme abhaengiger Selbstaendigkeit gefuehrt. Aufgrund des Graubereichs zwischen selbstaendiger und unselbstaendiger Beschaeftigung stellen...

The number of workers on the border between self-employment and employment has strongly increased across Europe over the last decade. This paper investigates whether and in what respect these workers differ from employees and self-employed, and analyses whether these work relationships are a...

This paper puts forward a Bayesian Global Vector Autoregressive Model with Common Stochastic Volatility (B-GVAR-CSV). We assume that country specific volatility is driven by a single latent stochastic process, which simplifies the analysis and implies significant computational gains. Apart from...

The widespread use of composite indices has often been motivated by their practicality to quantify qualitative data in an easy and intuitive way. At the same time, this approach has been challenged due to the subjective and partly ad hoc nature of computation, aggregation and weighting...

This paper evaluates the monetary and macroprudential policies that mitigate the procyclicality arising from the interlinkages between current account deficits and financial vulnerabilities. We develop a two-country dynamic stochastic general equilibrium (DSGE) model with heterogeneous...

This paper studies the gender wealth gap using 2010 Household Finance and Consumption Survey data for 15 European countries, and finds that households with only one male adult have more net wealth than households with one female adult, and that households with an adult couple have the highest...