The Great Recession did not only affect European countries to a varying extent, its impact on national labour markets and on specific socio-economic groups in those markets also varied greatly. Institutional arrangements such as employment protection, unemployment insurance benefits and minimum...

In den letzten zwanzig Jahren hat die Bedeutung internationaler Vergleiche für die Bewertung der Arbeitsmarkt- und Sozialpolitik deutlich zugenommen. Weniger eindeutig ist jedoch die Frage zu beantworten, ob und unter welchen Bedingungen von ausländischen Erfahrungen für die Gestaltung von...

The paper takes a comparative perspective on the labour market impact on G20 and EU countries of the financial and economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in relation to output or GDP reductions varies...

The paper takes a comparative perspective on the labour market impact on G20 and EU countries of the financial and economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in relation to output or GDP reductions varies...

In den letzten zwanzig Jahren hat die Bedeutung internationaler Vergleiche für die Bewertung der Arbeitsmarkt- und Sozialpolitik deutlich zugenommen. Weniger eindeutig ist jedoch die Frage zu beantworten, ob und unter welchen Bedingungen von ausländischen Erfahrungen für die Gestaltung von...

This paper examines how structural policies can influence a country's risk of suffering financial turmoil. Using a panel of 184 developed and emerging economies from 1970 to 2009, the empirical analysis examines which structural policies can affect financial stability by either shaping the...

This paper addresses the question of whether and how easy monetary policy may lead to excesses in financial and real asset markets and ultimately result in financial dislocation. It presents evidence suggesting that periods when short-term interest rates were persistently and significantly below...