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Unemployment in the European Union : a dynamic reappraisal

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - 2002

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … implications. Our analysis shows that the rise in EU unemployment over the 1970s and first part of the 1980s was due largely to …

Persistent link: https://www.econbiz.de/10011412080

Real unit labour costs in Eurozone countries : drivers and clusters

Ordóñez, Javier; Sala, Hector; Silva, José Ignacio - In: IZA journal of European Labor Studies 4 (2015) 15, pp. 1-9

We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components-real wages, capital intensity, and technology-are uncovered through decomposition and cluster analyses. In the...

Persistent link: https://www.econbiz.de/10011417168

Unemployment in the European Union : institutions, prices, and growth : presented at CESifo Area Conference on Employment and Social Protection, June 2004

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - 2004

growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment … swings in EU unemployment. …

Persistent link: https://www.econbiz.de/10011450238

Euro, crisis and unemployment : youth patterns, youth policies?

Ghoshray, Atanu; Ordóñez, Javier; Sala, Hector - 2016

This paper examines the occurrence of structural breaks in European unemployment associated with major events experienced by the European economies at an institutional level: the creation of the European and Monetary Union (EMU) in 1999, and the Euro/financial crisis in 2008-2009, which was...

Persistent link: https://www.econbiz.de/10011476560