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This paper reviews the key economic issues concerning the welfare costs of inflation and deflation, with a view to shedding light on the desirable properties of the inflation process. Our review of the evidence on the overall costs of inflation and deflation indicates that such costs could be...
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We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods … presence of unit roots in unemployment. Since this is potentially a narrow definition, we also take into account the existence … of structural breaks and non-linear dynamics in unemployment. Finally, we examine whether CEECsu0092 unemployment …
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Junge Menschen in Europa haben weiterhin große Schwierigkeiten beim Eintritt in den Arbeitsmarkt. Obwohl die Jugendarbeitslosenquote in einigen Mitgliedstaaten allmählich zurückgeht, konnten insgesamt 23 % der jungen Arbeitssuchenden in Europa im Alter zwischen 15 und 24 Jahren in der EU28 im...
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